South Heidelberg Twp, Pennsylvania Property Taxes
The median property tax rate in South Heidelberg Township, PA, is 4.46%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in South Heidelberg Township at $134,400, the typical annual property tax bill reaches $5,997, exceeding the national median of $2,690. Property taxes in South Heidelberg Township are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding South Heidelberg Township'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 South Heidelberg Township or another part of the area, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
South Heidelberg Twp, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.46%
Estimate Property Tax Bill
$5,994
Ownwell’s South Heidelberg Township Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in South Heidelberg Township with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in South Heidelberg Township 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 South Heidelberg Twp, Pennsylvania
Property taxes in South Heidelberg Township, Pennsylvania, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in South Heidelberg Township is 4.46%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within South Heidelberg Township set these rates annually, and they can vary significantly across different neighborhoods. Each year, South Heidelberg Township 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 South Heidelberg Township's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 19608 zip code has the highest median property tax rate of 4.46%, while the same zip code also has the lowest median tax rate of 4.46%. Understanding how these cities compare with South Heidelberg Township provides valuable insights into the varying tax landscape across Berks County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average South Heidelberg Twp Tax Rate
4.46%
Average Berks County Tax Rate
4.37%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across South Heidelberg Twp, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19608 | 4.08% | 4.08% | 4.46% | 4.46% | 4.46% |
Source: Ownwell
Property Tax Assessment Values Across South Heidelberg Twp, Pennsylvania
In South Heidelberg Township, 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 Berks 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. 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 South Heidelberg Township helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 19608 has the highest and lowest median tax bill, both at $5,997.
Property Tax Assessment Values Across South Heidelberg Twp, Pennsylvania
Source: Ownwell
$21,200
$200,375
$379,550
Average South Heidelberg Twp Assessed Value
$134,400
Average Berks County Assessed Value
$97,000
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across South Heidelberg Twp, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19608 | $96,600 | $103,300 | $134,400 | $157,900 | $170,300 |
Source: Ownwell
Property Tax Bills Across South Heidelberg Twp, Pennsylvania
In South Heidelberg Township, Berks County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the township's property tax rate to determine the annual tax bill. For homeowners in this area, the property tax rate significantly impacts their finances. For example, the median home price in South Heidelberg Township is $134,400, and the median tax bill is $5,997. This is considerably higher than the national median property tax rate of 0.99%. Homeowners in the 25th percentile can expect to pay around $4,211, while those in the 75th percentile might face a tax bill of $7,045. At the 90th percentile, the tax bill can reach up to $7,598. These figures illustrate the considerable range in property tax bills, highlighting the importance of understanding how assessed values and tax rates affect overall costs for homeowners in South Heidelberg Township.
Average South Heidelberg Twp Tax Bill
$5,997
Average Berks County Tax Bill
$4,153
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across South Heidelberg Twp, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19608 | $3,938 | $4,211 | $5,997 | $7,045 | $7,598 |
Source: Ownwell