Springettsbury Township, Pennsylvania Property Taxes
The median property tax rate in Springettsbury Township, PA is 3.37%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Springettsbury Township at $117,315, the typical annual property tax bill reaches $3,949, far exceeding the national median of $2,690. Property taxes in Springettsbury 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 Springettsbury 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 Springettsbury 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
Springettsbury Township, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.37%
Estimate Property Tax Bill
$3,954
Ownwell’s Springettsbury Township Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Springettsbury Township with just two simple data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in the area to provide an estimated property tax bill. This valuable tool helps you understand potential tax liabilities and plan your finances better. For those interested in more granular insights, you can scroll down to find localized information at the neighborhood level. Your property’s assessed value is determined by York County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Springettsbury Township, Pennsylvania
Property taxes in Springettsbury 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 Springettsbury Township is 3.37%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Springettsbury Township set these rates annually, and they can vary significantly across different neighborhoods. Each year, Springettsbury 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 Springettsbury Township's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17402 zip code has the highest median property tax rate of 3.37%, while the same 17402 zip code also has the lowest median tax rate of 3.37%. Understanding how these areas compare with Springettsbury Township provides valuable insights into the varying tax landscape across York County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Springettsbury Township Tax Rate
3.37%
Average York County Tax Rate
3.29%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Springettsbury Township, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17402 | 3.37% | 3.37% | 3.37% | 3.37% | 3.37% |
Source: Ownwell
Property Tax Assessment Values Across Springettsbury Township, Pennsylvania
In Springettsbury Township, 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 Springettsbury 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. Being aware of these valuation processes in Springettsbury Township helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 17402, with a median tax bill of $3,949.
Property Tax Assessment Values Across Springettsbury Township, Pennsylvania
Source: Ownwell
$38,185
$150,108
$262,030
Average Springettsbury Township Assessed Value
$117,315
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 Springettsbury Township, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17402 | $114,455 | $115,528 | $117,315 | $119,102 | $120,175 |
Source: Ownwell
Property Tax Bills Across Springettsbury Township, Pennsylvania
In Springettsbury Township, York County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. Homeowners in this area see a median home price of $117,315, and the property tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value, impacting the overall tax bill. For instance, tax bills in the 25th percentile are around $3,889, while those in the 75th percentile reach approximately $4,009. The 90th percentile sees tax bills of about $4,045. These figures show that even within the same township, property tax burdens can vary significantly. When compared to the national median property tax rate of 0.99%, homeowners in Springettsbury Township face relatively higher tax bills, reflecting the local economic and property value conditions. Understanding these factors can help homeowners better anticipate their property tax obligations and plan their finances accordingly.
Average Springettsbury Township Tax Bill
$3,949
Average York County Tax Bill
$4,203
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Springettsbury Township, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17402 | $3,853 | $3,889 | $3,949 | $4,009 | $4,045 |
Source: Ownwell