Unionville, Pennsylvania Property Taxes
The median property tax rate in Unionville, PA is 3.92%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Unionville, the typical annual property tax bill reaches $685, which, while lower than the national median of $2,690, reflects the high tax rate on relatively modest home values. Property taxes in Unionville 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 Unionville'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 Unionville or another part of Chester County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Unionville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.92%
Estimate Property Tax Bill
$686
Ownwell’s Unionville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Unionville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Unionville 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 Unionville, Pennsylvania
Property taxes in Unionville, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Unionville is 3.92%, significantly higher than the U.S. national median of 0.99%. Local government entities within Unionville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Unionville 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 Unionville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 19375 zip code has the highest median property tax rate of 3.92%, while the same zip code also has the lowest median tax rate of 3.92%. Understanding how these cities compare with Unionville 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 Unionville Tax Rate
3.92%
Average Chester County Tax Rate
3.50%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Unionville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19375 | 3.92% | 3.92% | 3.92% | 3.92% | 3.92% |
Source: Ownwell
Property Tax Assessment Values Across Unionville, Pennsylvania
In Unionville, 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. In Unionville, 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 Unionville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Unionville, both at $685, are found in the zip code 19375.
Property Tax Assessment Values Across Unionville, Pennsylvania
Source: Ownwell
$17,490
$208,860
$400,230
Average Unionville Assessed Value
$17,490
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 Unionville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19375 | $17,490 | $17,490 | $17,490 | $17,490 | $17,490 |
Source: Ownwell
Property Tax Bills Across Unionville, Pennsylvania
In Unionville, located in Chester County, PA, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in Unionville is $17,490. Property tax rates are then applied to this assessed value to calculate the total tax bill. For Unionville, the median property tax bill stands at $685, with the 25th, 75th, and 90th percentiles all reporting the same value of $685. This uniformity indicates a consistent application of tax rates across different property values. Compared to the national median property tax rate of 0.99%, Unionville's property taxes are relatively straightforward and predictable, providing homeowners with a clear understanding of their financial obligations. This consistency can be beneficial for budgeting and financial planning, making it easier for homeowners to manage their expenses. The highest and lowest median tax bills in Unionville are both $685, reinforcing the stability and predictability of property tax obligations in this area.
Average Unionville Tax Bill
$685
Average Chester County Tax Bill
$6,037
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Unionville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19375 | $685 | $685 | $685 | $685 | $685 |
Source: Ownwell