Collingdale, Pennsylvania Property Taxes
The median property tax rate in Collingdale, PA is 4.41%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With a median home value of $104,180 in Collingdale, the typical annual property tax bill reaches $4,585, far exceeding the national median of $2,690. Property taxes in Collingdale are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Collingdale'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 Collingdale 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
Collingdale, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.41%
Estimate Property Tax Bill
$4,594
Ownwell’s Collingdale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Collingdale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Collingdale 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 Collingdale, Pennsylvania
Property taxes in Collingdale, PA, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Collingdale is 4.41%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Collingdale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Collingdale 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 Collingdale's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 19023 zip code has the highest median property tax rate of 4.41%, while the same zip code also has the lowest median tax rate of 4.41%. Understanding how these cities compare with Collingdale 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 Collingdale Tax Rate
4.41%
Average Delaware County Tax Rate
2.80%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Collingdale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19023 | 4.41% | 4.41% | 4.41% | 4.41% | 4.41% |
Source: Ownwell
Property Tax Assessment Values Across Collingdale, Pennsylvania
In Collingdale, 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 Delaware 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 Collingdale, 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 Collingdale is $104,180, with tax bills ranging widely. The 25th percentile tax bill is $3,957, while the 75th percentile reaches $5,803, and the 90th percentile is $6,336. The zip code 19023 has the highest and lowest median tax bill at $4,585. Understanding these valuation processes helps property owners identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Collingdale, Pennsylvania
Source: Ownwell
$21,600
$706,300
$1,391,000
Average Collingdale Assessed Value
$104,180
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 Collingdale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19023 | $78,588 | $91,748 | $104,180 | $132,130 | $145,336 |
Source: Ownwell
Property Tax Bills Across Collingdale, Pennsylvania
In Collingdale, Delaware County, PA, property tax bills are calculated based on the assessed value of a property, which is determined by the county's assessment office. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Collingdale, the median home price is $104,180. Property tax bills can vary significantly, with the 25th percentile tax bill at $3,957, the 75th percentile at $5,803, and the 90th percentile reaching $6,336. These tax bills are influenced by factors such as property size, location, and improvements made to the property. The highest and lowest median tax bills both stand at $4,585, which is notably higher than the national median property tax rate of 0.99%. This means homeowners in Collingdale may face higher property tax bills compared to the national average, impacting their overall housing costs and financial planning.
Average Collingdale Tax Bill
$4,585
Average Delaware County Tax Bill
$5,691
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Collingdale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19023 | $3,450 | $3,957 | $4,585 | $5,803 | $6,336 |
Source: Ownwell