New Berlin, Pennsylvania Property Taxes
The median property tax rate in New Berlin, PA is 1.95%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in New Berlin, the typical annual property tax bill reaches $3,236, exceeding the national median of $2,690. Property taxes in New Berlin 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 New Berlin'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 New Berlin 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
New Berlin, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.95%
Estimate Property Tax Bill
$3,553
Ownwell’s NEW BERLIN Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in NEW BERLIN with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in NEW BERLIN 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 New Berlin, Pennsylvania
Property taxes in New Berlin, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in New Berlin is 1.95%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within New Berlin set these rates annually, and they can vary significantly across different neighborhoods. Each year, New Berlin 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 New Berlin's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17855 zip code has the highest median property tax rate of 1.95%, while the same zip code also has the lowest median tax rate of 1.95%. Understanding how these cities compare with New Berlin provides valuable insights into the varying tax landscape across Union County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average New Berlin Tax Rate
1.95%
Average Union County Tax Rate
2.00%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across New Berlin, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17855 | 1.31% | 1.77% | 1.95% | 2.26% | 2.33% |
Source: Ownwell
Property Tax Assessment Values Across New Berlin, Pennsylvania
In New Berlin, 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 Union 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 New Berlin, 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 New Berlin helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $3,236 in zip code 17855, while the lowest median tax bill is also $3,236 in the same zip code.
Average New Berlin Assessed Value
$182,200
Average Union County Assessed Value
$93,150
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across New Berlin, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17855 | $7,420 | $25,275 | $182,200 | $372,575 | $499,570 |
Source: Ownwell
Property Tax Bills Across New Berlin, Pennsylvania
In New Berlin, Union County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is typically a percentage of the market value, determined by county assessors. Homeowners in New Berlin face a median property tax rate that aligns closely with the national median of 0.99%. For a median home price of $182,200, this translates to varying tax bills across different percentiles. For instance, at the 25th percentile, the tax bill is around $588, while at the 75th percentile, it rises to approximately $5,676. At the 90th percentile, it can reach as high as $9,110. These tax bills can significantly impact homeowners, influencing their overall cost of living and financial planning. Higher property taxes can affect affordability, especially for those with fixed incomes. Conversely, properties in zip code 17855 have the highest and lowest median tax bills at $3,236, indicating some variability within the region. Understanding these factors is crucial for homeowners to budget effectively and anticipate future expenses.
Average New Berlin Tax Bill
$3,236
Average Union County Tax Bill
$1,656
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across New Berlin, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17855 | $153 | $588 | $3,236 | $5,676 | $9,110 |
Source: Ownwell