Fayetteville, Pennsylvania Property Taxes
The median property tax rate in Fayetteville, PA is 1.65%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Fayetteville at $129,350, the typical annual property tax bill reaches $2,150, slightly below the national median of $2,690. Property taxes in Fayetteville 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 Fayetteville'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 Fayetteville 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
Fayetteville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.65%
Estimate Property Tax Bill
$2,134
Ownwell’s Fayetteville Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Fayetteville with just two data points. By entering your property's estimated assessed value, the calculator utilizes the median tax rate in Fayetteville to project your property tax bill. This valuable tool provides a clear understanding of potential tax liabilities. For those interested in neighborhood-level trends, additional localized information is available by scrolling down. Your property’s assessed value is determined by the county for property tax calculations, factoring in any applicable exemptions.
Property Tax Rates Across Fayetteville, Pennsylvania
Property taxes in Fayetteville, PA, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Fayetteville is 1.65%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Fayetteville set these rates annually, and they can vary across different neighborhoods. Each year, Fayetteville 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 Fayetteville's effective property tax rate to other areas in Adams County and the national median. For comparison, the 17222 zip code has the highest median property tax rate of 1.65%, while the same zip code also has the lowest median tax rate of 1.65%. Understanding how these areas compare with Fayetteville 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 Fayetteville Tax Rate
1.65%
Average Adams County Tax Rate
1.78%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fayetteville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17222 | 1.65% | 1.65% | 1.65% | 1.73% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Fayetteville, Pennsylvania
In Fayetteville, 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 Fayetteville, 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 Fayetteville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For example, in the 17222 zip code, the median tax bill is $2150, which is the highest in the area.
Property Tax Assessment Values Across Fayetteville, Pennsylvania
Source: Ownwell
$57,100
$183,250
$309,400
Average Fayetteville Assessed Value
$129,350
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 Fayetteville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17222 | $25,950 | $50,175 | $129,350 | $179,975 | $239,000 |
Source: Ownwell
Property Tax Bills Across Fayetteville, Pennsylvania
In Fayetteville, Adams County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor's office. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in Fayetteville, the median home price is $129,350. Property tax bills can vary significantly, with the 25th percentile at $827 and the 75th percentile reaching $2,916. The 90th percentile tax bill can go up to $3,562. Several factors influence these tax bills, including property size, location, and market conditions. Homeowners with higher-valued properties or those in more desirable neighborhoods typically face higher tax bills. The highest median tax bill in the area is $2,150, found in the 17222 zip code. Compared to the national median property tax rate of 0.99%, Fayetteville's property taxes can have a substantial impact on homeowners' annual expenses, affecting their overall financial planning and housing affordability.
Average Fayetteville Tax Bill
$2,150
Average Adams County Tax Bill
$3,745
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Fayetteville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17222 | $428 | $827 | $2,150 | $2,916 | $3,562 |
Source: Ownwell