Shillington, Pennsylvania Property Taxes
The median property tax rate in Shillington, PA is 4.44%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $84,600 in Shillington, the typical annual property tax bill reaches $3,752, far exceeding the national median of $2,690. Property taxes in Shillington are calculated based on the assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Shillington'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 Shillington or another part of Berks County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Shillington, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.44%
Estimate Property Tax Bill
$3,756
Ownwell’s Shillington Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Shillington with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Shillington 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 Shillington, Pennsylvania
Property taxes in Shillington, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Shillington is 4.44%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Shillington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Shillington 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 Shillington's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 19607 has the highest median property tax rate of 4.44%, while the same zip code also has the lowest median tax rate of 4.44%. Understanding how these cities compare with Shillington 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 Shillington Tax Rate
4.44%
Average Berks County Tax Rate
4.37%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Shillington, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19607 | 4.44% | 4.44% | 4.44% | 4.44% | 4.47% |
Source: Ownwell
Property Tax Assessment Values Across Shillington, Pennsylvania
In Shillington, 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 Shillington, 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 Shillington helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 19607 has both the highest and lowest median tax bill at $3,752, reflecting the uniformity in assessed values within this area.
Property Tax Assessment Values Across Shillington, Pennsylvania
Source: Ownwell
$21,200
$200,375
$379,550
Average Shillington Assessed Value
$84,600
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 Shillington, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19607 | $63,840 | $75,200 | $84,600 | $99,300 | $142,380 |
Source: Ownwell
Property Tax Bills Across Shillington, Pennsylvania
In Shillington, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and is meant to reflect the market value of the property. Homeowners in Shillington, located in Berks County, PA, see a median home price of $84,600. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Several factors influence the tax bill, including property size, location, and any improvements made to the property. For example, the tax bill for the 25th percentile is $3,334, while it rises to $4,409 at the 75th percentile and reaches $6,364 at the 90th percentile. Comparing these figures to the national median property tax rate of 0.99%, homeowners in Shillington may find their property tax bills relatively high. This can significantly impact household budgets, making it crucial for homeowners to understand their assessed values and explore potential exemptions or appeals.
Average Shillington Tax Bill
$3,752
Average Berks County Tax Bill
$4,153
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Shillington, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19607 | $2,823 | $3,334 | $3,752 | $4,409 | $6,364 |
Source: Ownwell