Elmhurst Township, Pennsylvania Property Taxes
The median property tax rate in Elmhurst Township, PA is 2.19%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Elmhurst Township at $169,900, the typical annual property tax bill reaches $3,728, exceeding the national median of $2,690. Property taxes in Elmhurst Township 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 Elmhurst Township'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 Elmhurst Township 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
Elmhurst Township, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.19%
Estimate Property Tax Bill
$3,721
Ownwell’s Elmhurst Township Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Elmhurst Township with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Elmhurst Township 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 Elmhurst Township, Pennsylvania
Property taxes in Elmhurst Township, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Elmhurst Township is 1.46%, significantly higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Elmhurst Township set these rates annually, and they can vary significantly across different neighborhoods. Each year, Elmhurst Township 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 Elmhurst Township's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18444 zip code has the highest median property tax rate of 1.46%, while the same zip code also has the lowest median tax rate of 1.46%. Understanding how these cities compare with Elmhurst Township provides valuable insights into the varying tax landscape across Wayne County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Elmhurst Township Tax Rate
2.19%
Average Wayne County Tax Rate
2.19%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Elmhurst Township, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18444 | 2.19% | 2.19% | 2.19% | 2.19% | 2.19% |
Source: Ownwell
Property Tax Assessment Values Across Elmhurst Township, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Elmhurst Township, PA. 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 Wayne 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 Elmhurst Township, 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. In Elmhurst Township, the median home price is $169,900, and the median tax bill is $3,728. Both the highest and lowest median tax bills are found in zip code 18444, with values of $3,728. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Elmhurst Township, Pennsylvania
Source: Ownwell
$7,000
$250,600
$494,200
Average Elmhurst Township Assessed Value
$169,900
Average Wayne County Assessed Value
$179,900
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Elmhurst Township, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18444 | $169,900 | $169,900 | $169,900 | $169,900 | $169,900 |
Source: Ownwell
Property Tax Bills Across Elmhurst Township, Pennsylvania
In Elmhurst Township, Wayne County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to arrive at the annual property tax bill. For homeowners in Elmhurst Township, the median home price is $169,900, and the median property tax bill is notably higher than the national median property tax rate of 0.99%, standing at $3,728. This figure is consistent across various percentiles, indicating a uniform tax rate application within the township. Several factors influence the assessed value, including the property's size, location, and condition. These factors collectively determine the market value, which is then assessed for tax purposes. Higher property taxes can significantly impact homeowners by increasing the overall cost of homeownership. In Elmhurst Township, the uniformity in tax bills across different percentiles suggests a stable but high property tax environment. This consistency can affect decisions on purchasing or maintaining a property in the area.
Average Elmhurst Township Tax Bill
$3,728
Average Wayne County Tax Bill
$4,013
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Elmhurst Township, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18444 | $3,728 | $3,728 | $3,728 | $3,728 | $3,728 |
Source: Ownwell