Swatara, Pennsylvania Property Taxes
The median property tax rate in Swatara, PA is 3.69%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Swatara at $58,050, the typical annual property tax bill reaches $2,143, still below the national median of $2,690. Property taxes in Swatara are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Swatara'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 Swatara 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
Swatara, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.69%
Estimate Property Tax Bill
$2,142
Ownwell’s Swatara Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Swatara with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Swatara 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 Swatara, Pennsylvania
Property taxes in Swatara, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Swatara is 3.69%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Swatara set these rates annually, and they can vary significantly across different neighborhoods. Each year, Swatara 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 Swatara's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the 17111 zip code has the highest median property tax rate of 3.69%, while the same zip code also has the lowest median tax rate of 3.69%. Understanding how these cities compare with Swatara 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 Swatara Tax Rate
3.69%
Average Dauphin County Tax Rate
2.88%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Swatara, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17111 | 3.69% | 3.69% | 3.69% | 3.69% | 3.69% |
Source: Ownwell
Property Tax Assessment Values Across Swatara, Pennsylvania
In Swatara, 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 Swatara, 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. The median home price in Swatara is $58,050, and the estimated tax bills range from the 25th percentile at $2,061 to the 90th percentile at $2,863. Notably, the highest and lowest median tax bills are both $2,143 in the 17111 zip code. 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 Swatara helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Swatara Assessed Value
$58,050
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 Swatara, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17111 | $53,450 | $55,825 | $58,050 | $59,375 | $77,550 |
Source: Ownwell
Property Tax Bills Across Swatara, Pennsylvania
In Swatara, Dauphin County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and is a percentage of the market value of the property. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For example, homeowners in the 17111 zip code experience a median tax bill of $2,143, which is relatively higher compared to the national median property tax rate of 0.99%. Factors influencing the tax bill include the property's assessed value, the local tax rate, and any applicable exemptions or deductions. These tax bills can significantly impact homeowners, with those in the 25th percentile paying around $2,061 and those in the 90th percentile paying up to $2,863. Understanding these factors helps homeowners anticipate their annual expenses and plan their finances accordingly.
Average Swatara Tax Bill
$2,143
Average Dauphin County Tax Bill
$3,037
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Swatara, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17111 | $1,973 | $2,061 | $2,143 | $2,192 | $2,863 |
Source: Ownwell