Rose Valley, Pennsylvania Property Taxes
The median property tax rate in Rose Valley, PA is 3.21%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Rose Valley at $506,730, the typical annual property tax bill reaches $16,271, far exceeding the national median of $2,690. Property taxes in Rose Valley are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Rose Valley'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 Rose Valley 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
Rose Valley, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.21%
Estimate Property Tax Bill
$16,266
Ownwell’s Rose Valley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rose Valley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rose Valley 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 Rose Valley, Pennsylvania
Property taxes in Rose Valley, PA, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rose Valley is 3.21%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Rose Valley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rose Valley 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 Rose Valley's effective property tax rate to other areas in Delaware County and the national median. For comparison, the 19086 zip code has the highest median property tax rate of 3.21%, while the 19063 zip code has the lowest median tax rate of 3.21%. Understanding how these areas compare with Rose Valley 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 Rose Valley Tax Rate
3.21%
Average Delaware County Tax Rate
2.80%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rose Valley, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19063 | 3.21% | 3.21% | 3.21% | 3.21% | 3.21% |
| 19086 | 3.21% | 3.21% | 3.21% | 3.21% | 3.21% |
Source: Ownwell
Property Tax Assessment Values Across Rose Valley, Pennsylvania
In Rose Valley, 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 Rose Valley, 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. The highest median tax bill in the area is $17,349 in zip code 19086, while the lowest is $14,457 in zip code 19063. Being aware of these valuation processes in Rose Valley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Rose Valley, Pennsylvania
Source: Ownwell
$21,600
$706,300
$1,391,000
Average Rose Valley Assessed Value
$506,730
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 Rose Valley, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19063 | $326,145 | $395,340 | $450,230 | $499,908 | $563,445 |
| 19086 | $417,462 | $486,830 | $536,910 | $613,590 | $720,800 |
Source: Ownwell
Property Tax Bills Across Rose Valley, Pennsylvania
In Rose Valley, PA, property tax bills are calculated based on the assessed value of the property. This assessed value is determined by the Delaware County tax assessor and reflects the market value of the home. Homeowners in Rose Valley can expect property tax rates that vary significantly, with the tax bill's 25th percentile at $14,175 and the 75th percentile at $18,601. The highest median tax bill in the area is $17,349, found in the zip code 19086, while the lowest is $14,457 in the zip code 19063. These figures are notably higher than the national median property tax rate of 0.99%, illustrating the financial impact on homeowners in this region. Several factors influence the tax bill, including property size, location, and market conditions. Understanding these elements helps homeowners anticipate their financial obligations, ensuring they are better prepared for their annual tax responsibilities.
Average Rose Valley Tax Bill
$16,271
Average Delaware County Tax Bill
$5,691
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Rose Valley, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19063 | $10,423 | $12,689 | $14,457 | $15,966 | $18,092 |
| 19086 | $13,147 | $15,641 | $17,349 | $19,680 | $22,885 |
Source: Ownwell