Manheim, Pennsylvania Property Taxes
The median property tax rate in Manheim, PA is 2.13%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Manheim at $81,519, the typical annual property tax bill reaches $1,728, which is below the national median of $2,690. Property taxes in Manheim 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 Manheim'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 Manheim 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
Manheim, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.13%
Estimate Property Tax Bill
$1,736
Ownwell’s Manheim Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Manheim with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Manheim 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 Manheim, Pennsylvania
Property taxes in Manheim, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Manheim is 2.13%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Manheim set these rates annually, and they can vary significantly across different neighborhoods. Each year, Manheim 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 Manheim's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17545 zip code has the highest median property tax rate of 2.13%, while the same zip code also has the lowest median tax rate of 2.13%. Understanding how these cities compare with Manheim 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 Manheim Tax Rate
2.13%
Average Lebanon County Tax Rate
2.19%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Manheim, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17545 | 2.13% | 2.13% | 2.13% | 2.13% | 2.13% |
Source: Ownwell
Property Tax Assessment Values Across Manheim, Pennsylvania
In Manheim, Pennsylvania, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 local appraisal district 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. In Manheim, assessment notices 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. Being aware of these valuation processes in Manheim helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the zip code with the highest median tax bill is 17545, with a median tax bill of $1,728.
Average Manheim Assessed Value
$81,519
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 Manheim, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17545 | $65,872 | $73,254 | $81,519 | $104,928 | $136,302 |
Source: Ownwell
Property Tax Bills Across Manheim, Pennsylvania
In Manheim, located in Lebanon County, PA, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in Manheim is $81,519. Property tax rates are applied to this assessed value to calculate the annual tax bill. Factors that influence the tax bill include the property's assessed value and the specific tax rate set by local authorities. Homeowners in Manheim can expect a tax bill within a range, with the 25th percentile at $1,538 and the 75th percentile at $2,213. The 90th percentile tax bill can reach up to $2,950. The highest and lowest median tax bills in the area are both $1,728, found in the zip code 17545. Compared to the national median property tax rate of 0.99%, homeowners in Manheim may find their property tax rates to be relatively high or low depending on the specific assessed value and applicable local tax rates. This variability can significantly impact homeowners' annual financial planning.
Average Manheim Tax Bill
$1,728
Average Lebanon County Tax Bill
$3,511
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Manheim, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17545 | $1,368 | $1,538 | $1,728 | $2,213 | $2,950 |
Source: Ownwell