Middletown, Pennsylvania Property Taxes
The median property tax rate in Middletown, PA is 3.47%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Middletown, the typical annual property tax bill reaches $3,183, exceeding the national median of $2,690. Property taxes in Middletown 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 Middletown'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 Middletown 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
Middletown, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.47%
Estimate Property Tax Bill
$2,984
Ownwell’s Middletown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Middletown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Middletown 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 Middletown, Pennsylvania
Property taxes in Middletown, PA, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Middletown is 3.47%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Middletown set these rates annually, and they can vary across different neighborhoods. Each year, Middletown 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 Middletown's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 17057 has the highest median property tax rate of 3.47%, while the same zip code also has the lowest median tax rate of 3.47%. Understanding how these cities compare with Middletown provides valuable insights into the varying tax landscape across Dauphin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Middletown Tax Rate
3.47%
Average Dauphin County Tax Rate
2.88%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Middletown, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17057 | 3.12% | 3.47% | 3.47% | 4.12% | 4.12% |
Source: Ownwell
Property Tax Assessment Values Across Middletown, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Middletown, PA. 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 Dauphin 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 Middletown, 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. For instance, the median home price in Middletown is $86,000, with tax bills ranging from $2,297 at the 25th percentile to $6,504 at the 90th percentile. 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 Middletown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Middletown Assessed Value
$86,000
Average Dauphin County Assessed Value
$99,700
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Middletown, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17057 | $20,800 | $63,375 | $86,000 | $123,300 | $188,600 |
Source: Ownwell
Property Tax Bills Across Middletown, Pennsylvania
In Middletown, Dauphin County, PA, property tax bills are calculated based on the assessed value of the home and the local tax rate. The assessed value is typically a percentage of the market value of the property, determined by the county assessor. Homeowners in Middletown face varying tax bills depending on their property's assessed value. For instance, the median home price in the area is $86,000. The tax bill can range significantly; the 25th percentile tax bill is $2,297, while the 75th percentile tax bill reaches $4,396. For those at the 90th percentile, the tax bill can be as high as $6,504. The median property tax bill in the 17057 zip code stands at $3,183, which is considerably higher than the national median property tax rate of 0.99%. These property taxes fund essential local services such as schools, infrastructure, and emergency services. Higher tax bills can impact homeowners by increasing their overall housing costs, influencing decisions about homeownership, and potentially affecting property values in the long term.
Average Middletown Tax Bill
$3,183
Average Dauphin County Tax Bill
$3,037
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Middletown, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17057 | $711 | $2,297 | $3,183 | $4,396 | $6,504 |
Source: Ownwell