Lewisberry, Pennsylvania Property Taxes
The median property tax rate in Lewisberry, PA is 2.41%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Lewisberry at $156,405, the typical annual property tax bill reaches $3,831, exceeding the national median of $2,690. Property taxes in Lewisberry 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 Lewisberry'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 the city or another part of Lewisberry, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lewisberry, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.41%
Estimate Property Tax Bill
$3,769
Ownwell’s Lewisberry Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lewisberry with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lewisberry 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 Lewisberry, Pennsylvania
Property taxes in Lewisberry, Pennsylvania, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Lewisberry is 2.41%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Lewisberry set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lewisberry 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. Understanding how Lewisberry's effective property tax rate compares to other areas in York County and the national median provides valuable insights into the varying tax landscape, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring regions.
Average Lewisberry Tax Rate
2.41%
Average York County Tax Rate
3.29%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lewisberry, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17339 | 2.41% | 2.41% | 2.41% | 2.41% | 2.64% |
Source: Ownwell
Property Tax Assessment Values Across Lewisberry, Pennsylvania
In Lewisberry, 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 York 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 Lewisberry, 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. The zip code with the highest median tax bill in Lewisberry is 17339, with a median tax bill of $3,831. Being aware of these valuation processes in Lewisberry helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Lewisberry, Pennsylvania
Source: Ownwell
$38,185
$150,108
$262,030
Average Lewisberry Assessed Value
$156,405
Average York County Assessed Value
$130,990
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lewisberry, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17339 | $92,144 | $120,470 | $156,405 | $224,768 | $339,091 |
Source: Ownwell
Property Tax Bills Across Lewisberry, Pennsylvania
In Lewisberry, York County, PA, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the county assessor and reflects a percentage of the market value. Homeowners in Lewisberry can expect their tax bills to vary significantly depending on the assessed value of their property. For instance, the 25th percentile tax bill is approximately $2,943, while the 75th percentile tax bill can reach up to $5,490. At the higher end, the 90th percentile tax bill is around $8,240. The median home price in Lewisberry is $156,405, which can serve as a benchmark for understanding these tax bills. Compared to the national median property tax rate of 0.99%, homeowners in Lewisberry might experience higher property taxes. These taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life in the community. Therefore, understanding how property tax bills are calculated can help homeowners better plan their finances and anticipate annual expenses.
Average Lewisberry Tax Bill
$3,831
Average York County Tax Bill
$4,203
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Lewisberry, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17339 | $2,285 | $2,943 | $3,831 | $5,490 | $8,240 |
Source: Ownwell