Saint Peters, Pennsylvania Property Taxes
The median property tax rate in Saint Peters, PA is 1.55%, considerably higher than the national median of 0.99% but lower than the Pennsylvania state median of 2.81%. With the median home value in Saint Peters, the typical annual property tax bill reaches $565, which is substantially below the national median of $2,690. Property taxes in Saint Peters are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Saint Peters' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Saint Peters or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saint Peters, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.55%
Estimate Property Tax Bill
$677
Ownwell’s Saint Peters Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Peters with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Peters 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 Saint Peters, Pennsylvania
Property taxes in Saint Peters, Pennsylvania, are essential for funding key local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Peters is 1.55%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Saint Peters set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Peters 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 Saint Peters' effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 19470 has the highest median property tax rate of 1.55%, while the same zip code also has the lowest median tax rate of 1.55%. Understanding how these cities compare with Saint Peters provides valuable insights into the varying tax landscape across Chester County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Peters Tax Rate
1.55%
Average Chester County Tax Rate
3.50%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Peters, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19470 | 1.25% | 1.36% | 1.55% | 1.74% | 1.85% |
Source: Ownwell
Property Tax Assessment Values Across Saint Peters, Pennsylvania
In Saint Peters, 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 Chester 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. 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 Saint Peters helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $565 in zip code 19470, while the lowest is also $565 in the same zip code.
Property Tax Assessment Values Across Saint Peters, Pennsylvania
Source: Ownwell
$17,490
$208,860
$400,230
Average Saint Peters Assessed Value
$43,690
Average Chester County Assessed Value
$166,835
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Peters, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19470 | $19,762 | $28,735 | $43,690 | $58,645 | $67,618 |
Source: Ownwell
Property Tax Bills Across Saint Peters, Pennsylvania
In Saint Peters, Chester County, PA, property tax bills are determined based on the assessed value of a home and the local tax rate. The assessed value is a percentage of the market value, which is determined by the county's property assessor. Once the assessed value is established, it is multiplied by the local tax rate to calculate the annual tax bill. For homeowners in Saint Peters, the median home price is $43,690. Tax bills can vary significantly, with the 25th percentile at $415 and the 75th percentile at $716, while the 90th percentile reaches $806. This means that while some homeowners pay relatively low property taxes, others may see higher bills depending on their home's assessed value. Comparatively, the national median property tax rate is 0.99%, highlighting that property taxes in Saint Peters can be quite variable. Homeowners should be aware of these factors as they directly influence their annual tax obligations and overall financial planning.
Average Saint Peters Tax Bill
$565
Average Chester County Tax Bill
$6,037
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Peters, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19470 | $325 | $415 | $565 | $716 | $806 |
Source: Ownwell