Campbelltown, Pennsylvania Property Taxes
The median property tax rate in Campbelltown, PA is 2.17%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Campbelltown, the typical annual property tax bill reaches $2,877, exceeding the national median of $2,690. Property taxes in Campbelltown are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Campbelltown's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Campbelltown or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Campbelltown, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.17%
Estimate Property Tax Bill
$2,872
Ownwell’s Campbelltown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Campbelltown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Campbelltown to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Campbelltown, Pennsylvania
Property taxes in Campbelltown, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Campbelltown is 2.17%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Campbelltown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Campbelltown estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Campbelltown's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17010 zip code has the highest median property tax rate of 2.17%, while the same zip code also has the lowest median tax rate of 2.17%. Understanding how these cities compare with Campbelltown provides valuable insights into the varying tax landscape across Lebanon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Campbelltown Tax Rate
2.17%
Average Lebanon County Tax Rate
2.19%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Campbelltown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17010 | 2.17% | 2.17% | 2.17% | 2.17% | 2.17% |
Source: Ownwell
Property Tax Assessment Values Across Campbelltown, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Campbelltown, Pennsylvania. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Lebanon County Assessment Office for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Campbelltown are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. In Campbelltown, the median home price is $132,340, with tax bills ranging from $2,744 at the 25th percentile to $3,131 at the 75th percentile, and $3,284 at the 90th percentile. The zip code with the highest and lowest median tax bill is 17010, with a value of $2,877. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Campbelltown, Pennsylvania
Source: Ownwell
$81,364
$250,641
$419,917
Average Campbelltown Assessed Value
$132,340
Average Lebanon County Assessed Value
$159,855
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Campbelltown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17010 | $122,566 | $126,231 | $132,340 | $144,044 | $151,067 |
Source: Ownwell
Property Tax Bills Across Campbelltown, Pennsylvania
In Campbelltown, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the property tax bill. Factors such as the property's location, size, and condition can influence the assessed value. For homeowners in Campbelltown, the median home price stands at $132,340. Property tax bills in the area show a range, with the 25th percentile tax bill at $2,744 and the 75th percentile at $3,131. The 90th percentile tax bill reaches up to $3,284. Comparatively, the national median property tax rate is 0.99%, highlighting that Campbelltown's property tax rates can be relatively high for certain homes. Homeowners must consider these tax bills as part of their annual expenses, impacting their overall cost of living and financial planning. Understanding how these taxes are calculated can help homeowners better anticipate their yearly financial obligations.
Average Campbelltown Tax Bill
$2,877
Average Lebanon County Tax Bill
$3,511
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Campbelltown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17010 | $2,664 | $2,744 | $2,877 | $3,131 | $3,284 |
Source: Ownwell