Yeadon, Pennsylvania Property Taxes
The median property tax rate in Yeadon, PA is 3.88%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $170,310, the typical annual property tax bill in Yeadon reaches $6,499, far exceeding the national median of $2,690. Property taxes in Yeadon 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 Yeadon's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Yeadon 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
Yeadon, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.88%
Estimate Property Tax Bill
$6,608
Ownwell’s Yeadon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Yeadon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Yeadon 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 Yeadon, Pennsylvania
Property taxes in Yeadon, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Yeadon is 3.88%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Yeadon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Yeadon 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 Yeadon's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 19050 zip code has the highest median property tax rate of 3.88%, while the same zip code also has the lowest median tax rate of 3.88%. Understanding how these cities compare with Yeadon 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 Yeadon Tax Rate
3.88%
Average Delaware County Tax Rate
2.80%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Yeadon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19050 | 3.88% | 3.88% | 3.88% | 3.88% | 3.88% |
Source: Ownwell
Property Tax Assessment Values Across Yeadon, Pennsylvania
In Yeadon, 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 Yeadon, 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 Yeadon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median property tax bill in Yeadon is $6,499, with the highest and lowest median tax bills both reported in the 19050 zip code.
Average Yeadon Assessed Value
$170,310
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 Yeadon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19050 | $118,570 | $141,572 | $170,310 | $199,915 | $233,535 |
Source: Ownwell
Property Tax Bills Across Yeadon, Pennsylvania
In Yeadon, Delaware County, PA, property tax bills are calculated based on the assessed value of a home and the local property tax rate. The assessed value is determined by the county assessor and represents the taxable value of the property. This value is then multiplied by the local property tax rate to determine the annual tax bill. The median home price in Yeadon is $170,310, and property tax bills can vary significantly. For instance, homeowners in the 25th percentile can expect a tax bill of around $5,428, while those in the 75th percentile might see bills closer to $7,454. The highest tax bills, in the 90th percentile, can reach up to $9,057. These tax rates can have a considerable impact on homeowners, influencing their overall housing costs. Compared to the national median property tax rate of 0.99%, Yeadon’s rates may seem high, making it essential for homeowners to understand how their property taxes are calculated and budget accordingly.
Average Yeadon Tax Bill
$6,499
Average Delaware County Tax Bill
$5,691
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Yeadon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19050 | $4,458 | $5,428 | $6,499 | $7,454 | $9,057 |
Source: Ownwell