Strausstown, Berks County, Pennsylvania Property Taxes
The median property tax rate in Strausstown, PA is 3.46%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $57,700 in Strausstown, the typical annual property tax bill reaches $1,997, surpassing the national median of $2,690. Property taxes in Strausstown are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Strausstown'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 Strausstown or another part of Berks County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Strausstown, Berks County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.46%
Estimate Property Tax Bill
$1,996
$1,853
Ownwell’s Strausstown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Strausstown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Strausstown 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 Berks County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Strausstown, Berks County, Pennsylvania
Property taxes in Strausstown, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Strausstown is 3.46%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Strausstown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Strausstown 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 Strausstown's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 19559 has the highest median property tax rate of 3.46%, while the same zip code also has the lowest median tax rate of 3.46%. Understanding how these areas compare with Strausstown 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 Strausstown Tax Rate
3.46%
Average Berks County Tax Rate
4.37%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Strausstown, Berks County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19559 | 3.46% | 3.46% | 3.46% | 3.46% | 3.65% |
Source: Ownwell
Property Tax Assessment Values Across Strausstown, Berks County, Pennsylvania
In Strausstown, 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. In Strausstown, 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 Strausstown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1,997 in the 19559 zip code, while the lowest is also $1,997 in the same zip code.
Property Tax Assessment Values Across Strausstown, Berks County, Pennsylvania
Source: Ownwell
$21,200
$104,950
$188,700
Average Strausstown Assessed Value
$57,700
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 Strausstown, Berks County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19559 | $39,000 | $44,750 | $57,700 | $68,475 | $74,710 |
Source: Ownwell
Property Tax Bills Across Strausstown, Berks County, Pennsylvania
In Strausstown, 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 local tax rate to determine the annual property tax bill. Homeowners in Strausstown face property tax bills that vary significantly depending on their property's assessed value. For example, the 25th percentile tax bill is $1,486, while the 75th percentile tax bill is $2,467, and the 90th percentile tax bill reaches $2,512. These figures reflect the range of property taxes paid by homeowners in the area. The median home price in Strausstown is $57,700, which influences how much homeowners pay annually. Compared to the national median property tax rate of 0.99%, Strausstown's property taxes can be relatively high, impacting homeowners' financial planning and overall cost of living. Understanding these factors helps homeowners anticipate their property tax obligations and manage their budgets more effectively.
Average Strausstown Tax Bill
$1,997
Average Berks County Tax Bill
$4,153
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Strausstown, Berks County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19559 | $1,237 | $1,486 | $1,997 | $2,467 | $2,512 |
Source: Ownwell