Cashtown, Pennsylvania Property Taxes
The median property tax rate in Cashtown, PA is 1.65%, considerably higher than the national median of 0.99% but lower than the Pennsylvania state median of 2.81%. With the median home value in Cashtown at $170,400, the typical annual property tax bill reaches $2,807, slightly surpassing the national median of $2,690. Property taxes in Cashtown 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 Cashtown'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 Cashtown or another part of Adams County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cashtown, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.65%
Estimate Property Tax Bill
$2,812
Ownwell’s Cashtown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cashtown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cashtown 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 Cashtown, Pennsylvania
Property taxes in Cashtown, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cashtown is 1.65%, significantly higher than the U.S. national median of 0.99%. Local government entities within Cashtown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cashtown 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 Cashtown's effective property tax rate to other areas and the national median. For comparison, the 17310 zip code has the highest median property tax rate of 1.65%, while the 17310 zip code also has the lowest median tax rate of 1.65%. Understanding how these cities compare with Cashtown 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 Cashtown Tax Rate
1.65%
Average Adams County Tax Rate
1.78%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cashtown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17310 | 1.65% | 1.65% | 1.65% | 1.65% | 1.65% |
Source: Ownwell
Property Tax Assessment Values Across Cashtown, Pennsylvania
In Cashtown, 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 Cashtown, 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 Cashtown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 17310 has both the highest and lowest median tax bill, which stands at $2,807.
Average Cashtown Assessed Value
$170,400
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 Cashtown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17310 | $89,520 | $143,900 | $170,400 | $227,900 | $283,980 |
Source: Ownwell
Property Tax Bills Across Cashtown, Pennsylvania
In Cashtown, located in Adams County, PA, property tax bills are calculated based on the assessed value of the home and the local tax rate. The median home price in the area is $170,400. Property taxes are determined by multiplying the assessed value by the local tax rate. For example, if your home is assessed at the median price, your tax bill will be proportionate to this value. Several factors influence the tax bill, including the assessed value of the property, which may differ from the market value, and any applicable exemptions or deductions. Homeowners in Cashtown face tax bills that range widely, with the 25th percentile at $2,371 and the 75th percentile at $3,755. The highest median tax bill in the region is $2,807, while the lowest is also $2,807, indicating a relatively uniform tax rate in this area. These property taxes significantly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services, making it essential for residents to understand how their tax bills are calculated.
Average Cashtown Tax Bill
$2,807
Average Adams County Tax Bill
$3,745
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Cashtown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17310 | $1,475 | $2,371 | $2,807 | $3,755 | $4,678 |
Source: Ownwell