Burlington, Pennsylvania Property Taxes
The median property tax rate in Burlington, PA is 2.77%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Burlington at $51,446, the typical annual property tax bill reaches $1,424, exceeding the national median of $2,690. Property taxes in Burlington 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 Burlington'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 Burlington 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
Burlington, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.77%
Estimate Property Tax Bill
$1,425
Ownwell’s Burlington Property Tax Bill Calculator offers homeowners, real estate investors, and potential buyers a quick and easy way to estimate their annual property taxes in Burlington. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Burlington to provide an accurate estimate of your property tax bill. This valuable tool helps you anticipate potential tax liabilities, making it easier to budget and plan. For those interested in more detailed insights, including neighborhood-level trends, additional localized information is available below. Your property's assessed value, determined by the county, is used for these calculations, and it includes any applicable exemptions.
Property Tax Rates Across Burlington, Pennsylvania
Property taxes in Burlington, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Burlington is 2.77%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Burlington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Burlington 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 Burlington's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18814 zip code has the highest median property tax rate of 2.77%, while the same zip code also has the lowest median tax rate of 2.77%. Understanding how these cities compare with Burlington provides valuable insights into the varying tax landscape across Bradford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Burlington Tax Rate
2.77%
Average Bradford County Tax Rate
3.22%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Burlington, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18814 | 2.77% | 2.77% | 2.77% | 2.77% | 2.77% |
Source: Ownwell
Property Tax Assessment Values Across Burlington, Pennsylvania
In Burlington, 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 Bradford 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 Burlington, 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 Burlington helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 18814, with a tax bill of $1,424, while the lowest is also 18814, with the same tax bill of $1,424.
Average Burlington Assessed Value
$51,446
Average Bradford County Assessed Value
$61,590
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Burlington, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18814 | $45,258 | $47,578 | $51,446 | $55,313 | $57,633 |
Source: Ownwell
Property Tax Bills Across Burlington, Pennsylvania
In Burlington, located in Bradford County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Burlington is $51,446. Homeowners in this area can expect their property tax bills to vary widely, with the 25th percentile at $1,317 and the 75th percentile at $1,530. The 90th percentile sees tax bills as high as $1,594. These figures indicate a range of tax burdens depending on the home's assessed value and specific location within the city. The assessed value is determined by the county assessor and is meant to reflect the market value of the property. This value is then multiplied by the local tax rate to calculate the annual property tax bill. Compared to the national median property tax rate of 0.99%, Burlington’s rates can be considered relatively high, which can significantly impact homeowners by increasing their annual expenses. This makes understanding property tax calculations crucial for financial planning and homeownership in Burlington.
Average Burlington Tax Bill
$1,424
Average Bradford County Tax Bill
$1,935
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Burlington, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18814 | $1,253 | $1,317 | $1,424 | $1,530 | $1,594 |
Source: Ownwell