Atglen, Pennsylvania Property Taxes
The median property tax rate in Atglen, PA is 2.95%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Atglen at $204,700, the typical annual property tax bill reaches $6,036, exceeding the national median of $2,690. Property taxes in Atglen are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Atglen'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 Atglen 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
Atglen, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.95%
Estimate Property Tax Bill
$6,039
-$63,285
Ownwell’s Atglen Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Atglen with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Atglen 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 Lancaster County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Atglen, Pennsylvania
Property taxes in Atglen, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Atglen is 2.95%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Atglen set these rates annually, and they can vary significantly across different neighborhoods. Each year, Atglen 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 Atglen's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 19310 zip code has the highest median property tax rate of 2.95%, while the 19310 zip code also has the lowest median tax rate of 2.95%. Understanding how these cities compare with Atglen provides valuable insights into the varying tax landscape across Lancaster County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Atglen Tax Rate
2.95%
Average Lancaster County Tax Rate
2.13%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Atglen, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19310 | 2.95% | 2.95% | 2.95% | 2.95% | 2.95% |
Source: Ownwell
Property Tax Assessment Values Across Atglen, Pennsylvania
In Atglen, 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 Lancaster 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 Atglen, 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. For instance, the zip code 19310 has both the highest and lowest median tax bill at $6,036. Being aware of these valuation processes in Atglen helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Atglen Assessed Value
$204,700
Average Lancaster County Assessed Value
$177,300
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Atglen, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19310 | $78,380 | $152,400 | $204,700 | $243,600 | $355,600 |
Source: Ownwell
Property Tax Bills Across Atglen, Pennsylvania
In Atglen, Lancaster County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in Atglen, the median home price is $204,700, and the tax bills vary significantly. At the 25th percentile, tax bills are around $4,494, while at the 75th percentile, they reach approximately $7,183. For those in the 90th percentile, tax bills can soar to $10,486. The property tax rate in Atglen is notably higher than the national median of 0.99%, which means homeowners may face substantial tax obligations compared to other regions. These taxes fund essential public services such as schools, infrastructure, and emergency services. Understanding how property taxes are calculated and the factors influencing them can help homeowners in Atglen better manage their finances and anticipate future expenses.
Average Atglen Tax Bill
$6,036
Average Lancaster County Tax Bill
$3,883
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Atglen, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19310 | $2,311 | $4,494 | $6,036 | $7,183 | $10,486 |
Source: Ownwell