York Springs, Adams County, Pennsylvania Property Taxes
The median property tax rate in York Springs, PA is 1.69%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in York Springs at $209,900, the typical annual property tax bill reaches $3,305, exceeding the national median of $2,690. Property taxes in York Springs 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 York Springs' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of York Springs 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
York Springs, Adams County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.69%
Estimate Property Tax Bill
$3,547
$3,292
Ownwell’s York Springs Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in York Springs with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in York Springs 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 York Springs, Adams County, Pennsylvania
Property taxes in York Springs, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in York Springs is 1.69%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within York Springs set these rates annually, and they can vary significantly across different neighborhoods. Each year, York Springs 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 York Springs' effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 17372 has the highest median property tax rate of 1.69%, while the same zip code also has the lowest median tax rate of 1.69%. Understanding how these cities compare with York Springs 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 York Springs Tax Rate
1.69%
Average Adams County Tax Rate
1.78%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across York Springs, Adams County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17372 | 0.86% | 1.69% | 1.69% | 1.75% | 1.85% |
Source: Ownwell
Property Tax Assessment Values Across York Springs, Adams County, Pennsylvania
In York Springs, 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 York Springs, 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 York Springs helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both reported at $3,305 in zip code 17372.
Property Tax Assessment Values Across York Springs, Adams County, Pennsylvania
Source: Ownwell
$129,350
$180,525
$231,700
Average York Springs Assessed Value
$209,900
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 York Springs, Adams County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17372 | $109,600 | $156,000 | $209,900 | $293,300 | $413,100 |
Source: Ownwell
Property Tax Bills Across York Springs, Adams County, Pennsylvania
In York Springs, Adams County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in York Springs is $209,900, and the property tax rate in Adams County influences how much homeowners pay annually. For instance, at the 25th percentile, property tax bills are around $2,525, while at the 75th percentile, they can go up to $4,179. The highest property tax bills in the area can reach up to $5,193 at the 90th percentile. These figures highlight how property taxes can significantly impact homeowners, particularly when compared to the national median property tax rate of 0.99%. Homeowners in York Springs may find their tax bills varying widely depending on the assessed value of their property, which underscores the importance of understanding local tax rates and assessments.
Average York Springs Tax Bill
$3,305
Average Adams County Tax Bill
$3,745
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across York Springs, Adams County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17372 | $1,794 | $2,525 | $3,305 | $4,179 | $5,193 |
Source: Ownwell