Bechtelsville, Pennsylvania Property Taxes
The median property tax rate in Bechtelsville, PA is 4.29%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Bechtelsville at $99,600, the typical annual property tax bill reaches $4,280, far exceeding the national median of $2,690. Property taxes in Bechtelsville are determined 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. Gaining a thorough understanding of Bechtelsville'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 Bechtelsville or another part of Berks County, mastering the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bechtelsville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.29%
Estimate Property Tax Bill
$4,273
Ownwell’s Bechtelsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bechtelsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bechtelsville 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 Bechtelsville, Pennsylvania
Property taxes in Bechtelsville, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bechtelsville is 4.29%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Bechtelsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bechtelsville 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 Bechtelsville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 19505 zip code has the highest median property tax rate of 4.29%, while the same 19505 zip code also has the lowest median tax rate of 4.29%. Understanding how these areas compare with Bechtelsville provides valuable insights into the varying tax landscape across Berks County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bechtelsville Tax Rate
4.29%
Average Berks County Tax Rate
4.37%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bechtelsville, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19505 | 4.26% | 4.29% | 4.29% | 4.39% | 4.39% |
Source: Ownwell
Property Tax Assessment Values Across Bechtelsville, Pennsylvania
In Bechtelsville, 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 Berks 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 Bechtelsville, 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 Bechtelsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 19505, with a median tax bill of $4,280.
Property Tax Assessment Values Across Bechtelsville, Pennsylvania
Source: Ownwell
$21,200
$200,375
$379,550
Average Bechtelsville Assessed Value
$99,600
Average Berks County Assessed Value
$97,000
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bechtelsville, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19505 | $62,550 | $77,275 | $99,600 | $128,975 | $177,150 |
Source: Ownwell
Property Tax Bills Across Bechtelsville, Pennsylvania
In Bechtelsville, Berks County, PA, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to calculate the tax bill. For homeowners in Bechtelsville, the median home price is $99,600, and the property tax rate is notably higher than the national median of 0.99%. This results in substantial tax bills, with the 25th percentile at $3,299 and the 75th percentile reaching $5,474. The 90th percentile tax bill can be as high as $7,318. These taxes fund essential services such as public schools, infrastructure, and emergency services, directly impacting the community's quality of life. However, the relatively high tax rates can be a significant financial burden for homeowners, especially when compared to the national median. Understanding how these factors interplay helps homeowners anticipate their annual expenses and plan accordingly.
Average Bechtelsville Tax Bill
$4,280
Average Berks County Tax Bill
$4,153
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Bechtelsville, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19505 | $2,665 | $3,299 | $4,280 | $5,474 | $7,318 |
Source: Ownwell