South Sterling, Pennsylvania Property Taxes
The median property tax rate in South Sterling, PA is 1.93%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in South Sterling, the typical annual property tax bill reaches $3,860, exceeding the national median of $2,690. Property taxes in South Sterling 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 South Sterling'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 South Sterling 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
South Sterling, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.93%
Estimate Property Tax Bill
$3,853
Ownwell’s SOUTH STERLING Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in SOUTH STERLING with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in SOUTH STERLING 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 South Sterling, Pennsylvania
Property taxes in South Sterling, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in South Sterling is 1.93%, significantly higher than the U.S. national median of 0.99%. Local government entities within South Sterling set these rates annually, and they can vary significantly across different neighborhoods. Each year, South Sterling 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 South Sterling's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 18460 has the highest median property tax rate of 1.93%, while zip code 18445 has the lowest median tax rate of 1.93%. Understanding how these areas compare with South Sterling 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 South Sterling Tax Rate
1.93%
Average Wayne County Tax Rate
2.19%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across South Sterling, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18445 | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% |
| 18460 | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% |
Source: Ownwell
Property Tax Assessment Values Across South Sterling, Pennsylvania
In South Sterling, Pennsylvania, understanding the difference between "market value" and "assessed value" is essential 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 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 South Sterling, 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 South Sterling helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill in Wayne County is $3,907 in the 18460 zip code, while the lowest is $274 in the 18445 zip code.
Property Tax Assessment Values Across South Sterling, Pennsylvania
Source: Ownwell
$7,000
$250,600
$494,200
Average South Sterling Assessed Value
$199,650
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 South Sterling, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18445 | $12,430 | $13,075 | $14,150 | $15,225 | $15,870 |
| 18460 | $71,860 | $143,500 | $202,100 | $240,375 | $305,210 |
Source: Ownwell
Property Tax Bills Across South Sterling, Pennsylvania
Property tax bills in South Sterling, Wayne County, PA are determined by the assessed value of a property, which is a percentage of its market value. Homeowners in this region can expect varying tax bills depending on several factors, including property size, location, and local tax rates. The median home price in South Sterling is $199,650, and tax bills can range significantly. For instance, the 25th percentile tax bill is $2,735, while the 75th percentile tax bill reaches $4,632. At the 90th percentile, homeowners might see tax bills as high as $5,898. These property tax rates can have a substantial impact on homeowners, influencing their overall cost of living and financial planning. Compared to the national median property tax rate of 0.99%, the property tax burden in South Sterling can be relatively high, especially when considering the highest median tax bill in the area, which is $3,907 in the 18460 zip code. Conversely, some homeowners in the 18445 zip code might experience much lower tax bills, with the lowest median being $274.
Average South Sterling Tax Bill
$3,860
Average Wayne County Tax Bill
$4,013
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across South Sterling, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18445 | $240 | $253 | $274 | $294 | $307 |
| 18460 | $1,389 | $2,774 | $3,907 | $4,647 | $5,901 |
Source: Ownwell