Chester, Pennsylvania Property Taxes
The median property tax rate in Chester, PA is 2.80%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Chester at $41,515, the typical annual property tax bill reaches $1,141, significantly exceeding the national median of $2,690. Property taxes in Chester are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Chester'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 Chester 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
Chester, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.8%
Estimate Property Tax Bill
$1,162
Ownwell’s Chester Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Chester with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Chester 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 Chester, Pennsylvania
Property taxes in Chester, PA, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Chester is 2.80%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Chester set these rates annually, and they can vary significantly across different neighborhoods. Each year, Chester 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 Chester's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 19013 has the highest median property tax rate of 2.80%, while zip code 19015 has the lowest median tax rate of 2.80%. Understanding how these cities compare with Chester provides valuable insights into the varying tax landscape across Delaware County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Chester Tax Rate
2.80%
Average Delaware County Tax Rate
2.80%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Chester, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19013 | 2.80% | 2.80% | 2.80% | 2.80% | 2.80% |
| 19015 | 1.99% | 2.39% | 2.80% | 2.80% | 2.80% |
Source: Ownwell
Property Tax Assessment Values Across Chester, Pennsylvania
In Chester, 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 Delaware 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 Chester, 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. Chester's highest median tax bill is found in zip code 19013 at $1,141, while the lowest is in zip code 19015 at $1,131. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Chester Assessed Value
$41,515
Average Delaware County Assessed Value
$197,870
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Chester, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19013 | $22,860 | $28,978 | $41,535 | $66,100 | $93,650 |
| 19015 | $29,870 | $32,758 | $40,360 | $66,125 | $102,938 |
Source: Ownwell
Property Tax Bills Across Chester, Pennsylvania
In Chester, Delaware County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. The median home price in Chester is $41,515, and the property tax rate is influenced by various local factors, including municipal budgets and school funding requirements. Homeowners in Chester can expect their property tax bills to vary significantly. For instance, the tax bill at the 25th percentile is approximately $787, while at the 75th percentile, it rises to around $1,783. The 90th percentile tax bill can reach up to $2,568. Comparatively, the highest median tax bill in the county is $1,141 in the 19013 zip code, while the lowest is $1,131 in the 19015 zip code. These variations highlight the impact of local assessments and tax rates on homeowners, making property tax bills a significant consideration for residents.
Average Chester Tax Bill
$1,141
Average Delaware County Tax Bill
$5,691
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Chester, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19013 | $602 | $787 | $1,141 | $1,783 | $2,568 |
| 19015 | $608 | $918 | $1,131 | $1,771 | $2,462 |
Source: Ownwell