Grantville, Pennsylvania Property Taxes
The median property tax rate in Grantville, PA is 2.66%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Grantville, the typical annual property tax bill reaches $2,232, still below the national median of $2,690. Property taxes in Grantville 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 Grantville'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 Grantville 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
Grantville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.66%
Estimate Property Tax Bill
$2,236
Ownwell’s Grantville Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Grantville using just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Grantville 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 Dauphin County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Grantville, Pennsylvania
Property taxes in Grantville, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Grantville is 2.66%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Grantville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Grantville 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 Grantville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17028 zip code has the highest median property tax rate of 2.66%, while the same zip code also has the lowest median tax rate of 2.66%. Understanding how these cities compare with Grantville 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 Grantville Tax Rate
2.66%
Average Dauphin County Tax Rate
2.88%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Grantville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17028 | 2.66% | 2.66% | 2.66% | 2.66% | 2.66% |
Source: Ownwell
Property Tax Assessment Values Across Grantville, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Grantville, Pennsylvania. 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 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 Grantville, 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. For instance, the median home price in Grantville is $84,050, with tax bills ranging significantly. The 25th percentile tax bill is around $860, while the 75th percentile reaches approximately $3,622, and the 90th percentile can be as high as $5,418. The highest and lowest median tax bills in the area are both found in the 17028 zip code, at $2,232. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Grantville Assessed Value
$84,050
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 Grantville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17028 | $12,290 | $32,375 | $84,050 | $136,375 | $204,020 |
Source: Ownwell
Property Tax Bills Across Grantville, Pennsylvania
In Grantville, Dauphin County, PA, property tax bills are calculated based on the assessed value of your home, which is determined by local tax assessors. The tax rate is applied to this assessed value to determine your annual tax bill. With a median home price of $84,050, homeowners can expect varying tax bills depending on their property's assessed value and specific circumstances. Factors influencing the tax bill include the property's location, size, and any improvements made. For instance, tax bills in the 25th percentile are around $860, while those in the 75th percentile can reach up to $3,622. The highest tax bills, in the 90th percentile, can go as high as $5,418. These figures highlight the significant range in property tax burdens within the area. Homeowners in Grantville should be aware that their property taxes fund essential local services, including schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, the tax rates in Grantville can significantly impact household budgets, underscoring the importance of understanding how property taxes are calculated and managed.
Average Grantville Tax Bill
$2,232
Average Dauphin County Tax Bill
$3,037
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Grantville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17028 | $326 | $860 | $2,232 | $3,622 | $5,418 |
Source: Ownwell