Primos, Pennsylvania Property Taxes
The median property tax rate in Primos, PA is 4.19%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $160,565, the typical annual property tax bill in Primos reaches $6,555, far exceeding the national median of $2,690. Property taxes in Primos are calculated based on the assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Primos'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 Primos or another part of Delaware County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Primos, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.19%
Estimate Property Tax Bill
$6,728
Ownwell’s Primos Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Primos with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Primos 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 Primos, Pennsylvania
Property taxes in Primos, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Primos is 4.19%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Primos set these rates annually, and they can vary significantly across different neighborhoods. Each year, Primos 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 Primos's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 19018 has the highest median property tax rate of 4.19%, while the same zip code also represents the lowest median tax rate of 4.19%. Understanding how these areas compare with Primos 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 Primos Tax Rate
4.19%
Average Delaware County Tax Rate
2.80%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Primos, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19018 | 4.19% | 4.19% | 4.19% | 4.19% | 4.19% |
Source: Ownwell
Property Tax Assessment Values Across Primos, Pennsylvania
In Primos, PA, 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 Primos, 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 Primos helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Primos is $160,565, with median tax bills ranging from $4,946 at the 25th percentile to $8,061 at the 90th percentile. The highest and lowest median tax bills are both $6,555 in zip code 19018.
Average Primos Assessed Value
$160,565
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 Primos, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19018 | $115,350 | $118,350 | $160,565 | $182,175 | $192,409 |
Source: Ownwell
Property Tax Bills Across Primos, Pennsylvania
In Primos, Delaware 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 local tax assessor and often represents a percentage of the property's market value. Homeowners in Primos face a median property tax rate of 0.99%, aligning with the national median. The tax bill is influenced by several factors, including the home's assessed value and any applicable exemptions or deductions. For instance, a median home price in Primos is $160,565. Property tax bills in the area vary significantly, with the 25th percentile at $4,946 and the 75th percentile at $7,631, while the 90th percentile reaches up to $8,061. This range indicates that homeowners with higher-valued properties or fewer exemptions can expect to pay more in property taxes. These taxes contribute to local services such as schools, infrastructure, and emergency services, directly impacting the community's quality of life.
Average Primos Tax Bill
$6,555
Average Delaware County Tax Bill
$5,691
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Primos, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19018 | $4,785 | $4,946 | $6,555 | $7,631 | $8,061 |
Source: Ownwell