Aldan, Pennsylvania Property Taxes
The median property tax rate in Aldan, PA is 3.72%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Aldan at $148,425, the typical annual property tax bill reaches $5,666, far exceeding the national median of $2,690. Property taxes in Aldan are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Aldan'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 Aldan or another part of Delaware County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Aldan, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.72%
Estimate Property Tax Bill
$5,521
Ownwell’s Aldan Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Aldan with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Aldan 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 Aldan, Pennsylvania
Property taxes in Aldan, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Aldan is 3.72%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Aldan set these rates annually, and they can vary significantly across different neighborhoods. Each year, Aldan 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 Aldan's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 19018 zip code has the highest median property tax rate of 3.72%, while the 19018 zip code also has the lowest median tax rate of 3.72%. Understanding how these cities compare with Aldan provides valuable insights into the varying tax landscape across Delaware County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Aldan Tax Rate
3.72%
Average Delaware County Tax Rate
2.80%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Aldan, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19018 | 3.72% | 3.72% | 3.72% | 3.72% | 4.19% |
Source: Ownwell
Property Tax Assessment Values Across Aldan, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Aldan, Pennsylvania. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. This value is estimated for tax purposes by the local appraisal district. 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 Aldan, 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 example, the median home price in Aldan is $148,425. Homeowners in the 19018 zip code face a median tax bill of $5,666, which is both the highest and lowest in the area. By understanding 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Aldan Assessed Value
$148,425
Average Delaware County Assessed Value
$197,870
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Aldan, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19018 | $119,856 | $133,172 | $148,425 | $162,738 | $176,937 |
Source: Ownwell
Property Tax Bills Across Aldan, Pennsylvania
In Aldan, located in Delaware County, PA, property tax bills are determined through a careful assessment process. The assessed value of a property is a key factor, derived from its market value. Once the assessed value is established, it is multiplied by the local tax rate to calculate the annual property tax bill. In Aldan, the median home price stands at $148,425, and the median property tax bill is $5,666, significantly higher than the national median property tax rate of 0.99%. Homeowners in Aldan can expect their property tax bills to vary within a range. For example, the 25th percentile tax bill is $4,979, while the 75th percentile tax bill reaches $6,179. At the 90th percentile, homeowners might pay as much as $6,866. These taxes fund vital local services such as public schools, infrastructure, and emergency services, directly impacting the community’s quality of life. Understanding how property tax bills are calculated helps homeowners plan their finances and anticipate annual expenses.
Average Aldan Tax Bill
$5,666
Average Delaware County Tax Bill
$5,691
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Aldan, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19018 | $4,438 | $4,979 | $5,666 | $6,179 | $6,866 |
Source: Ownwell