Browndale, Pennsylvania Property Taxes
The median property tax rate in Browndale, PA is 2.16%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Browndale, the typical annual property tax bill reaches $2,380, nearly matching the national median of $2,690. Property taxes in Browndale 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 Browndale'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 Browndale 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
Browndale, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.16%
Estimate Property Tax Bill
$2,376
Ownwell’s Browndale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Browndale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Browndale 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 Browndale, Pennsylvania
Property taxes in Browndale, Pennsylvania, are crucial for funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Browndale is 2.16%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Browndale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Browndale 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 Browndale's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18421 zip code has the highest median property tax rate of 2.16%, while the same zip code also has the lowest median tax rate of 2.16%. Understanding how these cities compare with Browndale provides valuable insights into the varying tax landscape across Wayne County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Browndale Tax Rate
2.16%
Average Wayne County Tax Rate
2.19%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Browndale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18421 | 2.16% | 2.16% | 2.16% | 2.16% | 2.16% |
Source: Ownwell
Property Tax Assessment Values Across Browndale, Pennsylvania
In Browndale, 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 Wayne 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 Browndale, 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 Browndale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the zip code 18421 has both the highest and lowest median tax bill of $2,380. With the national median property tax rate at 0.99%, understanding these local nuances can significantly impact your financial planning.
Average Browndale Assessed Value
$110,000
Average Wayne County Assessed Value
$179,900
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Browndale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18421 | $39,720 | $84,200 | $110,000 | $132,400 | $156,220 |
Source: Ownwell
Property Tax Bills Across Browndale, Pennsylvania
In Browndale, PA, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. For example, with a median home price of $110,000, homeowners can expect varying tax bills depending on their property's specific assessed value and applicable exemptions. Several factors influence the final tax bill, including property location, home improvements, and local government budgets. In Browndale, the 25th percentile tax bill is $1,822, while the 75th percentile reaches $2,865. The 90th percentile tax bill is as high as $3,380, indicating significant variation based on property characteristics and assessments. Compared to the national median property tax rate of 0.99%, Browndale's rates can be higher, impacting homeowners' financial planning. Understanding these factors helps homeowners anticipate their annual property tax obligations and budget accordingly.
Average Browndale Tax Bill
$2,380
Average Wayne County Tax Bill
$4,013
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Browndale, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18421 | $859 | $1,822 | $2,380 | $2,865 | $3,380 |
Source: Ownwell