White Mills, Pennsylvania Property Taxes
The median property tax rate in White Mills, PA is 1.92%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in White Mills, the typical annual property tax bill reaches $134, falling well below the national median of $2,690. Property taxes in White Mills 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 White Mills' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of White Mills 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
White Mills, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.92%
Estimate Property Tax Bill
$134
Ownwell’s White Mills Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in White Mills with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in White Mills 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 Wayne County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across White Mills, Pennsylvania
Property taxes in White Mills, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in White Mills is 1.92%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within White Mills set these rates annually, and they can vary significantly across different neighborhoods. Each year, White Mills 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 White Mills' effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the 18473 zip code has the highest median property tax rate of 1.92%, while the same zip code also has the lowest median tax rate of 1.92%. Understanding how these areas compare with White Mills 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 White Mills Tax Rate
1.92%
Average Wayne County Tax Rate
2.19%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across White Mills, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18473 | 1.92% | 1.92% | 1.92% | 1.92% | 1.92% |
Source: Ownwell
Property Tax Assessment Values Across White Mills, Pennsylvania
In White Mills, 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 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 White Mills, 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 White Mills is $7,000, with tax bills ranging from $113 at the 25th percentile to $3,066 at the 90th percentile. The highest and lowest median tax bills are both $134, found in the 18473 zip code. 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 White Mills helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across White Mills, Pennsylvania
Source: Ownwell
$7,000
$250,600
$494,200
Average White Mills Assessed Value
$7,000
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 White Mills, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18473 | $5,020 | $5,900 | $7,000 | $128,400 | $156,640 |
Source: Ownwell
Property Tax Bills Across White Mills, Pennsylvania
In White Mills, Wayne 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 represents a percentage of the property's market value. Homeowners in White Mills experience a range of property tax bills, with the 25th percentile at $113 and the 75th percentile at $2,463, indicating significant variability based on property value and location within the county. The highest and lowest median tax bills are both recorded at $134 in the 18473 zip code, reflecting a consistency in some areas. These tax bills impact homeowners by influencing their annual housing costs, which can affect affordability and financial planning. Compared to the national median property tax rate of 0.99%, the tax rates in White Mills can vary widely, affecting how much homeowners ultimately pay. Understanding these factors is crucial for homeowners to manage their expenses and anticipate future tax liabilities.
Average White Mills Tax Bill
$134
Average Wayne County Tax Bill
$4,013
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across White Mills, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18473 | $96 | $113 | $134 | $2,463 | $3,066 |
Source: Ownwell