Womelsdorf, Pennsylvania Property Taxes
The median property tax rate in Womelsdorf, PA is 2.15%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Womelsdorf, the typical annual property tax bill reaches $4,319, exceeding the national median of $2,690. Property taxes in Womelsdorf 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 Womelsdorf'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 Womelsdorf or another part of Lebanon County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Womelsdorf, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.15%
Estimate Property Tax Bill
$4,326
Ownwell’s WOMELSDORF Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in WOMELSDORF with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in WOMELSDORF 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 Womelsdorf, Pennsylvania
Property taxes in Womelsdorf, Pennsylvania, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Womelsdorf is 2.15%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Womelsdorf set these rates annually, and they can vary considerably across different neighborhoods. Each year, Womelsdorf 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 Womelsdorf's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 19567 has both the highest and lowest median property tax rate of 2.15%. Understanding how these areas compare with Womelsdorf provides valuable insights into the varying tax landscape across Lebanon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Womelsdorf Tax Rate
2.15%
Average Lebanon County Tax Rate
2.19%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Womelsdorf, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19567 | 2.15% | 2.15% | 2.15% | 2.15% | 2.15% |
Source: Ownwell
Property Tax Assessment Values Across Womelsdorf, Pennsylvania
In Womelsdorf, 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 Lebanon 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 Womelsdorf, 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 Womelsdorf helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $4,319, found in zip code 19567.
Property Tax Assessment Values Across Womelsdorf, Pennsylvania
Source: Ownwell
$81,364
$250,641
$419,917
Average Womelsdorf Assessed Value
$201,231
Average Lebanon County Assessed Value
$159,855
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Womelsdorf, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19567 | $192,114 | $195,533 | $201,231 | $226,950 | $242,381 |
Source: Ownwell
Property Tax Bills Across Womelsdorf, Pennsylvania
In WOMELSDORF, Lebanon County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in WOMELSDORF, the assessed value is a critical factor, as it directly influences the amount they pay. Homeowners in this region experience a range of property tax bills. For instance, the 25th percentile tax bill is $4,196, while the 75th percentile reaches $4,871, and the 90th percentile can be as high as $5,202. These figures highlight the variation in property tax burdens based on home values and assessments. Compared to the national median property tax rate of 0.99%, homeowners in WOMELSDORF may find their tax rates and bills to be relatively high. This can significantly affect their overall housing costs, making it essential for homeowners to understand how their property is assessed and to explore potential exemptions or appeals to manage their tax liabilities effectively.
Average Womelsdorf Tax Bill
$4,319
Average Lebanon County Tax Bill
$3,511
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Womelsdorf, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19567 | $4,123 | $4,196 | $4,319 | $4,871 | $5,202 |
Source: Ownwell