Aspers, Pennsylvania Property Taxes
The median property tax rate in Aspers, PA is 2.05%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Aspers, the typical annual property tax bill reaches $3,822, exceeding the national median of $2,690. Property taxes in Aspers 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 Aspers' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Aspers 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
Aspers, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.05%
Estimate Property Tax Bill
$4,112
Ownwell’s Aspers Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Aspers with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Aspers to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. For those interested in more localized information, you can scroll down to see neighborhood-level trends. Your property’s assessed value is the value assigned by Adams County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Aspers, Pennsylvania
Property taxes in Aspers, Pennsylvania, are essential for funding critical local services, including public schools, road maintenance, and emergency services. The median tax rate in Aspers stands at 2.05%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Aspers set these rates annually, and they can vary significantly across different neighborhoods. Each year, Aspers 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 Aspers' effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17304 zip code has the highest median property tax rate of 2.05%, while the same zip code also represents the lowest median tax rate of 2.05%. Understanding how these cities compare with Aspers provides valuable insights into the varying tax landscape across Adams County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Aspers Tax Rate
2.05%
Average Adams County Tax Rate
1.78%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Aspers, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17304 | 1.04% | 2.05% | 2.05% | 2.08% | 2.08% |
Source: Ownwell
Property Tax Assessment Values Across Aspers, Pennsylvania
In Aspers, 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 Adams 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 Aspers, 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 Aspers helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 17304 has both the highest and lowest median tax bill at $3,822, which is above the national median property tax rate of 0.99%.
Average Aspers Assessed Value
$200,600
Average Adams County Assessed Value
$207,500
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Aspers, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17304 | $105,120 | $151,100 | $200,600 | $271,900 | $386,880 |
Source: Ownwell
Property Tax Bills Across Aspers, Pennsylvania
In Aspers, Adams County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For instance, with a median home price of $200,600, homeowners can expect significant variations in their tax bills depending on specific assessments and exemptions. Factors such as property size, location, and improvements can influence the assessed value. In Aspers, tax bills can range widely, with the 25th percentile at $2,909 and the 75th percentile at $4,791. At the higher end, the 90th percentile tax bill reaches $5,986. Compared to the national median property tax rate of 0.99%, the property taxes in Aspers can significantly impact homeowners' annual expenses. Understanding how these factors interplay helps homeowners anticipate their tax obligations and budget accordingly, ensuring they are prepared for the financial responsibilities associated with property ownership in Aspers.
Average Aspers Tax Bill
$3,822
Average Adams County Tax Bill
$3,745
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Aspers, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17304 | $1,930 | $2,909 | $3,822 | $4,791 | $5,986 |
Source: Ownwell