Brownstown, Pennsylvania Property Taxes
The median property tax rate in Brownstown, PA is 1.87%, considerably higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Brownstown, the typical annual property tax bill reaches $3,713, exceeding the national median of $2,690. Property taxes in Brownstown 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 Brownstown'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 Brownstown or another part of Lancaster County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brownstown, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.87%
Estimate Property Tax Bill
$3,626
-$38,000
Ownwell’s Brownstown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brownstown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brownstown 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 Brownstown, Pennsylvania
Property taxes in Brownstown, PA, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brownstown is 1.87%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Brownstown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brownstown 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 Brownstown's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 17508 has the highest median property tax rate of 1.87%, while the same zip code also has the lowest median tax rate of 1.87%. Understanding how these areas compare with Brownstown 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 Brownstown Tax Rate
1.87%
Average Lancaster County Tax Rate
2.13%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brownstown, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17508 | 1.87% | 1.87% | 1.87% | 1.87% | 2.17% |
Source: Ownwell
Property Tax Assessment Values Across Brownstown, Pennsylvania
In Brownstown, 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 Brownstown, 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 Brownstown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Brownstown is $3713.00 in the 17508 zip code, while the lowest median tax bill is also $3713.00 in the same zip code.
Property Tax Assessment Values Across Brownstown, Pennsylvania
Source: Ownwell
$50,000
$197,950
$345,900
Average Brownstown Assessed Value
$193,900
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 Brownstown, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17508 | $125,780 | $153,600 | $193,900 | $235,600 | $278,660 |
Source: Ownwell
Property Tax Bills Across Brownstown, Pennsylvania
In Brownstown, Lancaster County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. The median home price in Brownstown is $193,900, and homeowners typically see tax bills ranging from $2,934 at the 25th percentile to $4,413 at the 75th percentile, with the 90th percentile reaching up to $5,266. These property taxes are crucial for funding public services such as schools, emergency services, and infrastructure maintenance. Homeowners in Brownstown may find that their property tax bills are influenced by factors such as property improvements, changes in the local tax rate, and fluctuations in the real estate market. Compared to the national median property tax rate of 0.99%, Brownstown's tax rates can result in significant annual expenses for homeowners, impacting their overall cost of living and financial planning.
Average Brownstown Tax Bill
$3,713
Average Lancaster County Tax Bill
$3,883
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Brownstown, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17508 | $2,468 | $2,934 | $3,713 | $4,413 | $5,266 |
Source: Ownwell