Lansford, Pennsylvania Property Taxes
The median property tax rate in Lansford, PA is 5.68%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Lansford at $25,900, the typical annual property tax bill reaches $1,472, exceeding the national median of $2,690. Property taxes in Lansford 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 Lansford'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 Lansford 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
Lansford, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
5.68%
Estimate Property Tax Bill
$1,471
Ownwell’s Lansford Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lansford with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lansford 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 Lansford, Pennsylvania
Property taxes in Lansford, PA, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lansford is 5.68%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Lansford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lansford 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 Lansford's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 18232 has the highest median property tax rate of 5.68%, while the same zip code also has the lowest median tax rate of 5.68%. Understanding how these areas compare with Lansford provides valuable insights into the varying tax landscape across Carbon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lansford Tax Rate
5.68%
Average Carbon County Tax Rate
3.64%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lansford, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18232 | 5.68% | 5.68% | 5.68% | 5.68% | 5.68% |
Source: Ownwell
Property Tax Assessment Values Across Lansford, Pennsylvania
In Lansford, 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 Carbon 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 Lansford, 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. Lansford's median home price is $25,900, with property tax bills ranging from $1,284 at the 25th percentile to $2,415 at the 90th percentile. The highest and lowest median tax bill is $1,472 in the 18232 zip code. 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 Lansford helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Lansford Assessed Value
$25,900
Average Carbon County Assessed Value
$80,600
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lansford, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18232 | $11,895 | $22,600 | $25,900 | $30,200 | $42,500 |
Source: Ownwell
Property Tax Bills Across Lansford, Pennsylvania
In Lansford, located in Carbon County, PA, 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 often a percentage of the property's market value. For homeowners, this means that if their property has a higher assessed value, their tax bill will be proportionally higher. The median home price in Lansford is $25,900, significantly lower than many other regions, yet the property tax rates can still lead to substantial tax bills. Homeowners in Lansford can expect a wide range of tax bills. For instance, the tax bill at the 25th percentile is $1,284, while at the 75th percentile, it rises to $1,716. For those in the 90th percentile, the tax bill can reach up to $2,415. This variability is influenced by factors such as property improvements, location within the city, and any applicable exemptions. Comparing these figures to the national median property tax rate of 0.99%, it’s clear that property taxes in Lansford can be quite impactful on homeowners' finances.
Average Lansford Tax Bill
$1,472
Average Carbon County Tax Bill
$2,835
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Lansford, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18232 | $676 | $1,284 | $1,472 | $1,716 | $2,415 |
Source: Ownwell