Bendersville, Pennsylvania Property Taxes
The median property tax rate in Bendersville, PA is 2.14%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Bendersville, the typical annual property tax bill reaches $3,309, exceeding the national median of $2,690. Property taxes in Bendersville 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 Bendersville'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 Bendersville 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
Bendersville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.14%
Estimate Property Tax Bill
$3,349
Ownwell’s Bendersville Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Bendersville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bendersville 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 Adams County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Bendersville, Pennsylvania
Property taxes in Bendersville, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bendersville is 2.14%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Bendersville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bendersville 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 Bendersville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17306 zip code has the highest median property tax rate of 2.14%, while the same zip code also has the lowest median tax rate of 2.14%. Understanding how these cities compare with Bendersville provides valuable insights into the varying tax landscape across Adams County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bendersville Tax Rate
2.14%
Average Adams County Tax Rate
1.78%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bendersville, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17306 | 2.05% | 2.14% | 2.14% | 2.14% | 2.14% |
Source: Ownwell
Property Tax Assessment Values Across Bendersville, Pennsylvania
In Bendersville, 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 Adams 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 Bendersville, 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 Bendersville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $3309.00 in zip code 17306.
Property Tax Assessment Values Across Bendersville, Pennsylvania
Source: Ownwell
$57,100
$183,250
$309,400
Average Bendersville Assessed Value
$156,500
Average Adams County Assessed Value
$207,500
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bendersville, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17306 | $86,100 | $120,400 | $156,500 | $180,900 | $222,500 |
Source: Ownwell
Property Tax Bills Across Bendersville, Pennsylvania
In Bendersville, Adams 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 reflects a percentage of the property's market value. Homeowners in Bendersville experience considerable variation in their property tax bills. The median home price in the area is $156,500, and tax bills can range significantly. At the 25th percentile, homeowners might pay around $2,557 annually, while those at the 75th percentile could see bills as high as $3,835. For the top 10% of properties, tax bills can reach up to $4,643, reflecting the higher assessed values of these homes. These property taxes are crucial for funding local services, including schools, public safety, and infrastructure. However, the variability in tax bills can significantly impact homeowners' finances. Comparing this to the national median property tax rate of 0.99%, Bendersville's tax rates are relatively high, potentially making it more challenging for some residents to manage their annual property tax obligations.
Average Bendersville Tax Bill
$3,309
Average Adams County Tax Bill
$3,745
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Bendersville, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17306 | $1,767 | $2,557 | $3,309 | $3,835 | $4,643 |
Source: Ownwell