Pine Grove, Pennsylvania Property Taxes
The median property tax rate in Pine Grove, PA is 1.89%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Pine Grove, the typical annual property tax bill reaches $4,313, exceeding the national median of $2,690. Property taxes in Pine Grove 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 Pine Grove'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 Pine Grove 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
Pine Grove, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.89%
Estimate Property Tax Bill
$4,311
Ownwell’s Pine Grove Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pine Grove with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pine Grove 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 Pine Grove, Pennsylvania
Property taxes in Pine Grove, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pine Grove is 1.89%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Pine Grove set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pine Grove 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 Pine Grove's effective property tax rate to other areas and the national median. For comparison, the zip code 17963 has both the highest and lowest median property tax rate of 1.89%. Understanding how these areas compare with Pine Grove 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 Pine Grove Tax Rate
1.89%
Average Lebanon County Tax Rate
2.19%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pine Grove, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17963 | 1.89% | 1.89% | 1.89% | 1.89% | 1.89% |
Source: Ownwell
Property Tax Assessment Values Across Pine Grove, Pennsylvania
In Pine Grove, 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 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. In Pine Grove, 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 Pine Grove helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Pine Grove stands at $228,080, with the 25th percentile tax bill at $2,924 and the 75th percentile tax bill at $5,483. The highest and lowest median tax bill in the area are both $4,313 in the 17963 zip code.
Property Tax Assessment Values Across Pine Grove, Pennsylvania
Source: Ownwell
$81,364
$250,641
$419,917
Average Pine Grove Assessed Value
$228,080
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 Pine Grove, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17963 | $104,568 | $154,619 | $228,080 | $288,192 | $430,554 |
Source: Ownwell
Property Tax Bills Across Pine Grove, Pennsylvania
In Pine Grove, located in Lebanon County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to calculate the annual tax bill. For example, with a median home price of $228,080, homeowners can expect varying tax bills depending on the specific assessed value and applicable exemptions. The tax bill can range significantly, with the 25th percentile at $2,924 and the 75th percentile reaching $5,483. For those in the 90th percentile, the tax bill can be as high as $8,142. These figures are influenced by factors such as property size, location, and any improvements made to the home. Compared to the national median property tax rate of 0.99%, the tax obligations in Pine Grove can be quite substantial, impacting homeowners' annual budgets and financial planning. Understanding these factors can help homeowners anticipate their property tax responsibilities more accurately.
Average Pine Grove Tax Bill
$4,313
Average Lebanon County Tax Bill
$3,511
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Pine Grove, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17963 | $1,977 | $2,924 | $4,313 | $5,483 | $8,142 |
Source: Ownwell