Zionsville, Pennsylvania Property Taxes
The median property tax rate in Zionsville, PA is 2.39%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Zionsville, the typical annual property tax bill reaches $5,348, far exceeding the national median of $2,690. Property taxes in Zionsville 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 Zionsville'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 Zionsville 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
Zionsville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.39%
Estimate Property Tax Bill
$5,735
Ownwell’s Zionsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Zionsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Zionsville 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 Zionsville, Pennsylvania
Property taxes in Zionsville, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Zionsville is 1.29%, higher than both the Pennsylvania state median of 1.36% and the U.S. national median of 0.99%. Local government entities within Zionsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Zionsville 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 Zionsville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18092 zip code has the highest median property tax rate of 1.29%, while the same zip code has the lowest median tax rate of 1.29%. Understanding how these cities compare with Zionsville provides valuable insights into the varying tax landscape across Lehigh County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Zionsville Tax Rate
2.39%
Average Lehigh County Tax Rate
2.78%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Zionsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18092 | 2.00% | 2.21% | 2.39% | 2.39% | 2.39% |
Source: Ownwell
Property Tax Assessment Values Across Zionsville, Pennsylvania
In Zionsville, 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 Lehigh 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 Zionsville, 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 Zionsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 18092 has the highest median tax bill at $5,348, while the lowest median tax bill is also $5,348.
Property Tax Assessment Values Across Zionsville, Pennsylvania
Source: Ownwell
$13,900
$148,250
$282,600
Average Zionsville Assessed Value
$239,950
Average Lehigh County Assessed Value
$166,200
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Zionsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18092 | $134,220 | $175,400 | $239,950 | $317,450 | $413,310 |
Source: Ownwell
Property Tax Bills Across Zionsville, Pennsylvania
In Zionsville, Lehigh County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and is often a percentage of the property's market value. Homeowners in Zionsville can expect varying tax bills depending on their property's assessed value. For instance, the tax bill at the 25th percentile is $4,031, while at the 75th percentile, it rises to $7,100. The 90th percentile tax bill can reach as high as $8,968. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure. The median home price in Zionsville is $239,950, and with the national median property tax rate at 0.99%, homeowners in this area might find their tax rates slightly higher or lower based on local assessments and tax levies. Understanding these factors can help homeowners budget accordingly and anticipate their annual property tax obligations.
Average Zionsville Tax Bill
$5,348
Average Lehigh County Tax Bill
$4,452
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Zionsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18092 | $3,058 | $4,031 | $5,348 | $7,100 | $8,968 |
Source: Ownwell