Shawnee On Delaware, Pennsylvania Property Taxes
The median property tax rate in Shawnee on Delaware, PA is 0.47%, significantly lower than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Shawnee on Delaware at $99,310, the typical annual property tax bill is $485, which is well below the national median of $2,690. Property taxes in Shawnee on Delaware are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Shawnee on Delaware'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 Shawnee on Delaware or another part of Monroe County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Shawnee On Delaware, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$467
Ownwell’s Shawnee on Delaware Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Shawnee on Delaware with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Shawnee on Delaware 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 Shawnee On Delaware, Pennsylvania
Property taxes in Shawnee on Delaware, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Shawnee on Delaware is 0.47%, which is lower than the U.S. national median of 0.99%. Local government entities within Shawnee on Delaware set these rates annually, and they can vary significantly across different neighborhoods. Each year, Shawnee on Delaware 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 Shawnee on Delaware's effective property tax rate to other areas and the national median. For comparison, the zip code 18356 has the highest median property tax rate of 0.47%, while the same zip code also has the lowest median tax rate of 0.47%. Understanding how these figures compare with Shawnee on Delaware provides valuable insights into the varying tax landscape across Monroe County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Shawnee On Delaware Tax Rate
0.47%
Average Monroe County Tax Rate
0.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Shawnee On Delaware, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18356 | 0.47% | 0.47% | 0.47% | 0.47% | 3.90% |
Source: Ownwell
Property Tax Assessment Values Across Shawnee On Delaware, Pennsylvania
In Shawnee on Delaware, 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 Monroe County 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 Shawnee on Delaware, 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 Shawnee on Delaware helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 18356 has both the highest and lowest median tax bills at $485.
Property Tax Assessment Values Across Shawnee On Delaware, Pennsylvania
Source: Ownwell
$70,390
$620,630
$1,170,870
Average Shawnee On Delaware Assessed Value
$99,310
Average Monroe County Assessed Value
$134,550
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Shawnee On Delaware, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18356 | $79,111 | $88,255 | $99,310 | $110,970 | $204,620 |
Source: Ownwell
Property Tax Bills Across Shawnee On Delaware, Pennsylvania
Property tax bills in Shawnee on Delaware, located in Monroe County, PA, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county's property assessor and reflects a percentage of the property's market value. Homeowners in Shawnee on Delaware can expect their property tax bills to vary significantly, with the 25th percentile tax bill around $419 and the 75th percentile reaching $721. The highest median tax bill recorded in the area is $485, which is notably lower than the national median property tax rate of 0.99%. Several factors influence the tax bill, including property size, location, and any improvements made to the home. For homeowners, understanding these factors is crucial as they directly impact the annual financial obligations. Lower property taxes can make homeownership more affordable, while higher taxes may require careful budgeting. This variability in tax bills emphasizes the importance of staying informed about local property tax assessments and potential exemptions available to reduce the overall tax burden.
Average Shawnee On Delaware Tax Bill
$485
Average Monroe County Tax Bill
$814
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Shawnee On Delaware, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18356 | $374 | $419 | $485 | $721 | $3,550 |
Source: Ownwell