Atglen, Pennsylvania Property Taxes
The median property tax rate in Atglen, PA is 5.10%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Atglen at $119,990, the typical annual property tax bill reaches $5,988, far exceeding the national median of $2,690. Property taxes in Atglen are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Atglen'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 Atglen 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
Atglen, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
5.1%
Estimate Property Tax Bill
$6,119
Ownwell’s ATGLEN Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in ATGLEN with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in ATGLEN 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 Atglen, Pennsylvania
Property taxes in Atglen, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Atglen is 5.10%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Atglen set these rates annually, and they can vary significantly across different neighborhoods. Each year, Atglen 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 Atglen's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 19310 has both the highest and lowest median property tax rate of 5.10%. Understanding how these cities compare with Atglen provides valuable insights into the varying tax landscape across Chester County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Atglen Tax Rate
5.10%
Average Chester County Tax Rate
3.50%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Atglen, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19310 | 4.07% | 4.73% | 5.10% | 5.30% | 5.30% |
Source: Ownwell
Property Tax Assessment Values Across Atglen, Pennsylvania
In Atglen, 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 Chester 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 Atglen, 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 Atglen 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 $5,988 in zip code 19310, while the lowest is also $5,988 in the same zip code.
Average Atglen Assessed Value
$119,990
Average Chester County Assessed Value
$166,835
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Atglen, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19310 | $70,890 | $93,025 | $119,990 | $149,215 | $180,622 |
Source: Ownwell
Property Tax Bills Across Atglen, Pennsylvania
Property tax bills in Atglen, Chester County, PA, are determined based on the assessed value of a property and the local tax rate. The assessed value is a percentage of the market value of the home, which is then multiplied by the local property tax rate to calculate the annual tax bill. In Atglen, homeowners pay a median property tax bill of $5,988, which is significantly higher than the national median property tax rate of 0.99%. Several factors influence the tax bill, including the property's assessed value, local government budgets, and school district funding requirements. For example, homes in the 25th percentile of tax bills pay about $4,719, while those in the 75th percentile pay around $7,382, and the 90th percentile reaches $8,689. High property taxes can affect homeowners by increasing their monthly mortgage payments and overall housing costs. However, these taxes also fund essential community services such as public schools, infrastructure, and emergency services, contributing to the overall quality of life in the area.
Average Atglen Tax Bill
$5,988
Average Chester County Tax Bill
$6,037
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Atglen, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19310 | $3,288 | $4,719 | $5,988 | $7,382 | $8,689 |
Source: Ownwell