West Brandywine, Pennsylvania Property Taxes
The median property tax rate in West Brandywine, PA is 4.93%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in West Brandywine at $158,490, the typical annual property tax bill reaches $7,749, far exceeding the national median of $2,690. Property taxes in West Brandywine 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 West Brandywine'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 West Brandywine 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
West Brandywine, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.93%
Estimate Property Tax Bill
$7,814
Ownwell’s WEST BRANDYWINE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in WEST BRANDYWINE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in WEST BRANDYWINE 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 West Brandywine, Pennsylvania
Property taxes in West Brandywine, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Brandywine is 1.72%, higher than both the Pennsylvania state median of 1.46% and the U.S. national median of 0.99%. Local government entities within West Brandywine set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Brandywine 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 West Brandywine's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 19320 zip code has the highest median property tax rate of 1.72%, while the same zip code also has the lowest median tax rate of 1.72%. Understanding how these cities compare with West Brandywine 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 West Brandywine Tax Rate
4.93%
Average Chester County Tax Rate
3.50%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across West Brandywine, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19320 | 4.48% | 4.70% | 4.93% | 4.95% | 4.95% |
Source: Ownwell
Property Tax Assessment Values Across West Brandywine, Pennsylvania
In West Brandywine, 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 West Brandywine, 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 West Brandywine helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $7,749, found in the 19320 zip code.
Property Tax Assessment Values Across West Brandywine, Pennsylvania
Source: Ownwell
$17,490
$208,860
$400,230
Average West Brandywine Assessed Value
$158,490
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 West Brandywine, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19320 | $112,680 | $142,180 | $158,490 | $172,788 | $196,210 |
Source: Ownwell
Property Tax Bills Across West Brandywine, Pennsylvania
In West Brandywine, located in Chester County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local tax assessors and reflects a percentage of the property's market value. Homeowners in this region face property tax bills that can vary significantly. For instance, the 25th percentile tax bill is around $6,645, while the 75th percentile tax bill reaches approximately $8,329. At the higher end, the 90th percentile tax bill can go up to $9,221. Several factors influence these tax bills, including the property's assessed value and the local tax rate. Comparatively, Chester County's median property tax rate is notably higher than the national median of 0.99%. This higher rate can have a substantial impact on homeowners, potentially making West Brandywine a more expensive place to own property. Understanding these factors is crucial for homeowners as it directly affects their annual financial planning and overall cost of living.
Average West Brandywine Tax Bill
$7,749
Average Chester County Tax Bill
$6,037
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across West Brandywine, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19320 | $5,418 | $6,645 | $7,749 | $8,329 | $9,221 |
Source: Ownwell