Secane, Pennsylvania Property Taxes
The median property tax rate in Secane, PA is 3.32%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Secane, the typical annual property tax bill reaches $6,237, exceeding the national median of $2,690. Property taxes in Secane 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 Secane'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 Secane 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
Secane, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.32%
Estimate Property Tax Bill
$5,649
Ownwell’s Secane Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Secane with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Secane 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 Secane, Pennsylvania
Property taxes in Secane, Pennsylvania, play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Secane is 3.32%, significantly higher than the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Secane set these rates annually, and they can vary significantly across different neighborhoods. Each year, Secane 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 Secane's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 19018 has the highest median property tax rate of 3.32%, while the same zip code also has the lowest median tax rate of 3.32%. Understanding how these cities compare with Secane 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 Secane Tax Rate
3.32%
Average Delaware County Tax Rate
2.80%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Secane, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19018 | 3.32% | 3.32% | 3.32% | 4.19% | 4.19% |
Source: Ownwell
Property Tax Assessment Values Across Secane, Pennsylvania
In Secane, 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 Secane, 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 Secane helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 19018 has both the highest and lowest median tax bills at $6,237.
Average Secane Assessed Value
$170,140
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 Secane, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19018 | $87,040 | $148,680 | $170,140 | $196,340 | $225,302 |
Source: Ownwell
Property Tax Bills Across Secane, Pennsylvania
In Secane, Delaware County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. The assessed value is a percentage of the market value, reflecting what the property could sell for under normal conditions. Several factors influence this value, including the property's size, location, and condition, as well as comparable sales in the area. Once the assessed value is determined, the local property tax rate is applied. In Secane, homeowners face property tax bills that vary widely, with the 25th percentile tax bill at $5,488 and the 75th percentile at $7,194. The 90th percentile reaches up to $8,372, significantly higher than the national median property tax rate of 0.99%. These property taxes fund essential public services such as schools, infrastructure, and emergency services. For homeowners, higher property taxes can affect affordability and overall cost of living, making it crucial to understand and manage these expenses effectively.
Average Secane Tax Bill
$6,237
Average Delaware County Tax Bill
$5,691
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Secane, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19018 | $2,891 | $5,488 | $6,237 | $7,194 | $8,372 |
Source: Ownwell