Shermans Dale, Pennsylvania Property Taxes
The median property tax rate in Shermans Dale, PA is 1.20%, slightly higher than the national median of 0.99% but significantly lower than Pennsylvania's state median of 2.81%. With a median home value of $163,550 in Shermans Dale, the typical annual property tax bill is $1,964, which is below the national median of $2,690. Property taxes here are calculated based on the assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural land. Understanding Shermans Dale's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in Shermans Dale or another part of Perry County, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Shermans Dale, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$1,963
Ownwell’s Shermans Dale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Shermans Dale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Shermans Dale 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 Shermans Dale, Pennsylvania
Property taxes in Shermans Dale, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Shermans Dale is 1.20%, higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Shermans Dale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Shermans Dale 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 Shermans Dale's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17090 zip code has the highest median property tax rate of 1.20%, while the 17090 zip code has the lowest median tax rate of 1.20%. Understanding how these cities compare with Shermans Dale provides valuable insights into the varying tax landscape across Perry County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Shermans Dale Tax Rate
1.20%
Average Perry County Tax Rate
1.60%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Shermans Dale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17090 | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Shermans Dale, Pennsylvania
In Shermans Dale, 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 Perry 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 Shermans Dale, 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 Shermans Dale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 17090 has the highest median tax bill at $1,964, which can be a useful benchmark for comparison.
Property Tax Assessment Values Across Shermans Dale, Pennsylvania
Source: Ownwell
$42,600
$106,125
$169,650
Average Shermans Dale Assessed Value
$163,550
Average Perry County Assessed Value
$142,500
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Shermans Dale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17090 | $8,310 | $87,450 | $163,550 | $229,450 | $323,990 |
Source: Ownwell
Property Tax Bills Across Shermans Dale, Pennsylvania
In Shermans Dale, Perry County, PA, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. The assessed value is often a percentage of the market value of the home. Homeowners in this region typically see a median property tax rate that aligns with the national median of 0.99%. However, the actual tax bill can vary significantly. For instance, the 25th percentile tax bill in Shermans Dale is $1,052, while the 75th percentile reaches $2,756, and the 90th percentile can go as high as $3,898. These figures illustrate the range of tax burdens homeowners might face, depending largely on the value of their property and any applicable exemptions. The highest and lowest median tax bills in the area are both recorded at $1,964, indicating a relatively consistent tax assessment across different properties. This variability in property tax bills can significantly impact homeowners' annual budgets, making it essential to understand how these taxes are calculated and what factors influence them.
Average Shermans Dale Tax Bill
$1,964
Average Perry County Tax Bill
$2,100
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Shermans Dale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17090 | $100 | $1,052 | $1,964 | $2,756 | $3,898 |
Source: Ownwell