Summerdale, Pennsylvania Property Taxes
The median property tax rate in Summerdale, PA is 1.84%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Summerdale at $135,600, the typical annual property tax bill reaches $2,491, slightly below the national median of $2,690. Property taxes in Summerdale are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Summerdale'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 Summerdale or another part of Cumberland County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Summerdale, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.84%
Estimate Property Tax Bill
$2,495
Ownwell’s Summerdale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Summerdale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Summerdale 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 Summerdale, Pennsylvania
Property taxes in Summerdale, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Summerdale is 1.84%, significantly higher than the U.S. national median of 0.99%. Local government entities within Summerdale set these rates annually, and they can vary across different neighborhoods. Each year, Summerdale 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 Summerdale's effective property tax rate to other areas in Cumberland County and the national median. For comparison, the zip code 17093 has both the highest and lowest median property tax rate of 1.84%. Understanding how these rates compare with Summerdale provides valuable insights into the varying tax landscape across Cumberland County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Summerdale Tax Rate
1.84%
Average Cumberland County Tax Rate
1.84%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Summerdale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17093 | 1.84% | 1.84% | 1.84% | 1.84% | 1.84% |
Source: Ownwell
Property Tax Assessment Values Across Summerdale, Pennsylvania
In Summerdale, 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 Cumberland 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 Summerdale, 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 Summerdale 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 $2,491, found in zip code 17093, while the lowest is also $2,491 in the same zip code.
Property Tax Assessment Values Across Summerdale, Pennsylvania
Source: Ownwell
$114,900
$366,200
$617,500
Average Summerdale Assessed Value
$135,600
Average Cumberland County Assessed Value
$182,700
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Summerdale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17093 | $106,240 | $115,025 | $135,600 | $149,400 | $186,640 |
Source: Ownwell
Property Tax Bills Across Summerdale, Pennsylvania
In Summerdale, Cumberland County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This value is then multiplied by the local property tax rate to determine the annual tax bill. For example, with a median home price of $135,600, homeowners can expect to pay a median property tax bill of around $2,491. This figure can vary significantly, with the 25th percentile tax bill at $2,113 and the 75th percentile at $2,744, reflecting differences in property values and assessments. Several factors influence the assessed value, including the size, age, and condition of the property, as well as recent sales of similar homes in the area. These property taxes fund essential community services such as schools, public safety, and infrastructure. Homeowners in Summerdale should be aware that their property tax bill may differ from the national median property tax rate of 0.99%, influencing their overall housing costs and financial planning.
Average Summerdale Tax Bill
$2,491
Average Cumberland County Tax Bill
$3,176
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Summerdale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17093 | $1,952 | $2,113 | $2,491 | $2,744 | $3,428 |
Source: Ownwell