Steelton, Pennsylvania Property Taxes
The median property tax rate in Steelton, PA is 4.97%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Steelton at $46,600, the typical annual property tax bill reaches $2,306, nearly matching the national median of $2,690. Property taxes in Steelton 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 Steelton'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 Steelton 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
Steelton, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.97%
Estimate Property Tax Bill
$2,316
Ownwell’s Steelton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Steelton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Steelton 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 Dauphin County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Steelton, Pennsylvania
Property taxes in Steelton, Pennsylvania, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Steelton is 4.97%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Steelton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Steelton 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 Steelton's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 17113 has both the highest and lowest median property tax rate of 4.97%. Understanding how these areas compare with Steelton 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 Steelton Tax Rate
4.97%
Average Dauphin County Tax Rate
2.88%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Steelton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17113 | 4.97% | 4.97% | 4.97% | 4.97% | 4.97% |
Source: Ownwell
Property Tax Assessment Values Across Steelton, Pennsylvania
In Steelton, 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 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 Steelton, 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 Steelton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bill in Steelton is $2306, found in zip code 17113.
Average Steelton Assessed Value
$46,600
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 Steelton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17113 | $29,320 | $35,700 | $46,600 | $63,550 | $86,300 |
Source: Ownwell
Property Tax Bills Across Steelton, Pennsylvania
Property tax bills in Steelton, located in Dauphin County, PA, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor's office and reflects a percentage of the property's market value. Homeowners in Steelton can expect their property tax bills to vary significantly, with the 25th percentile at approximately $1,764 and the 75th percentile reaching around $3,087. For those in the 90th percentile, tax bills can soar up to $4,100. Comparatively, the median property tax rate in Steelton is higher than the national median of 0.99%, indicating that homeowners might face steeper tax obligations. These taxes fund essential public services, including schools, roads, and emergency services, directly impacting the quality of life in the community. Therefore, understanding how property taxes are calculated and the factors influencing them is crucial for homeowners in managing their financial responsibilities and planning for the future.
Average Steelton Tax Bill
$2,306
Average Dauphin County Tax Bill
$3,037
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Steelton, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17113 | $1,456 | $1,764 | $2,306 | $3,087 | $4,100 |
Source: Ownwell