Peach Glen, Pennsylvania Property Taxes
The median property tax rate in Peach Glen, PA is 0.42%, significantly lower than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $168,200 in Peach Glen, the typical annual property tax bill amounts to $753, far below the national median of $2,690. Property taxes in Peach Glen are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Peach Glen's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Peach Glen or another part of Adams County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Peach Glen, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.42%
Estimate Property Tax Bill
$706
Ownwell’s Peach Glen Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Peach Glen with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Peach Glen 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 Peach Glen, Pennsylvania
Property taxes in Peach Glen, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Peach Glen is 0.42%, significantly lower than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Peach Glen set these rates annually, and they can vary across different neighborhoods. Each year, Peach Glen 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 Peach Glen's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 17375 has the highest median property tax rate of 0.42%, while the same zip code also has the lowest median tax rate of 0.42%. Understanding how these cities compare with Peach Glen 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 Peach Glen Tax Rate
0.42%
Average Adams County Tax Rate
1.78%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Peach Glen, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17375 | 0.23% | 0.30% | 0.42% | 0.54% | 0.61% |
Source: Ownwell
Property Tax Assessment Values Across Peach Glen, Pennsylvania
In Peach Glen, 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 Appraisal District 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 Peach Glen, 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 Peach Glen 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 in Peach Glen is 17375, with a median tax bill of $753.
Property Tax Assessment Values Across Peach Glen, Pennsylvania
Source: Ownwell
$57,100
$183,250
$309,400
Average Peach Glen Assessed Value
$168,200
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 Peach Glen, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17375 | $152,040 | $158,100 | $168,200 | $178,300 | $184,360 |
Source: Ownwell
Property Tax Bills Across Peach Glen, Pennsylvania
In Peach Glen, Adams County, PA, property tax bills are calculated based on the assessed value of a home, which is then multiplied by the local property tax rate. The median home price in Peach Glen is $168,200, and homeowners can expect their property tax bills to vary within a range. For instance, the tax bill at the 25th percentile is around $512, while at the 75th percentile, it rises to approximately $994. At the 90th percentile, homeowners might see a tax bill as high as $1138. These variations in tax bills are influenced by several factors, including the assessed value of the property, which may differ from its market value, and any applicable exemptions or deductions. With the national median property tax rate at 0.99%, Peach Glen's rates provide a point of comparison for homeowners considering the financial impact of property taxes on their overall housing costs. Understanding these factors can help homeowners better anticipate their annual property tax obligations and budget accordingly.
Average Peach Glen Tax Bill
$753
Average Adams County Tax Bill
$3,745
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Peach Glen, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17375 | $368 | $512 | $753 | $994 | $1,138 |
Source: Ownwell