Elizabethville, Pennsylvania Property Taxes
The median property tax rate in Elizabethville, PA is 2.84%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. Given the median home value in Elizabethville is $89,000, the typical annual property tax bill amounts to $2,620, which is close to the national median of $2,690. Property taxes in Elizabethville are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Elizabethville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Elizabethville or another part of Dauphin County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Elizabethville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.84%
Estimate Property Tax Bill
$2,528
Ownwell’s Elizabethville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Elizabethville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Elizabethville 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 Elizabethville, Pennsylvania
Property taxes in Elizabethville, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Elizabethville is 1.46%, higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Elizabethville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Elizabethville 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 Elizabethville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17023 zip code has the highest median property tax rate of 2.84%, while the same zip code also has the lowest median tax rate of 2.84%. Understanding how these cities compare with Elizabethville provides valuable insights into the varying tax landscape across Dauphin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Elizabethville Tax Rate
2.84%
Average Dauphin County Tax Rate
2.88%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Elizabethville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17023 | 2.72% | 2.84% | 2.84% | 3.29% | 3.29% |
Source: Ownwell
Property Tax Assessment Values Across Elizabethville, Pennsylvania
In Elizabethville, 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 Dauphin County Appraisal District 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 Elizabethville, 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. The median home price in Elizabethville is $89,000, with tax bills ranging from $1,894 at the 25th percentile to $5,470 at the 90th percentile. 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 Elizabethville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Elizabethville, Pennsylvania
Source: Ownwell
$40,100
$92,250
$144,400
Average Elizabethville Assessed Value
$89,000
Average Dauphin County Assessed Value
$99,700
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Elizabethville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17023 | $45,000 | $60,875 | $89,000 | $128,025 | $192,750 |
Source: Ownwell
Property Tax Bills Across Elizabethville, Pennsylvania
In Elizabethville, located in Dauphin County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the amount owed. For example, with a median home price of $89,000, homeowners can expect varying tax bills depending on their property's assessed value and the specific tax rates applied. Factors such as property size, location, and improvements can influence the assessed value. The tax bills in Elizabethville range significantly, with the 25th percentile at $1,894 and the 75th percentile at $3,679. At the higher end, the 90th percentile reaches up to $5,470. These figures indicate a wide disparity in tax responsibilities among homeowners, reflecting differences in property values and assessments. Compared to the national median property tax rate of 0.99%, the tax rates in Elizabethville can create a substantial financial impact on homeowners, affecting their overall cost of living and long-term financial planning.
Average Elizabethville Tax Bill
$2,620
Average Dauphin County Tax Bill
$3,037
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Elizabethville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17023 | $1,447 | $1,894 | $2,620 | $3,679 | $5,470 |
Source: Ownwell