Hummelstown, Pennsylvania Property Taxes
The median property tax rate in Hummelstown, PA is 3.73%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With a median home value of $50,000 in Hummelstown, the typical annual property tax bill is $1,864, which is below the national median of $2,690. Property taxes in Hummelstown are calculated based on the tax assessed value, which often falls below the market value due to exemptions like those for primary residences and agricultural properties. Understanding Hummelstown'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 Hummelstown or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hummelstown, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.73%
Estimate Property Tax Bill
$1,865
-$19,545
Ownwell’s Hummelstown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hummelstown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hummelstown 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 Hummelstown, Pennsylvania
Property taxes in Hummelstown, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hummelstown is 1.42%, higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Hummelstown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hummelstown 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 Hummelstown's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17036 zip code has the highest median property tax rate of 1.42%, while the same zip code also has the lowest median tax rate of 1.42%. Understanding how these cities compare with Hummelstown provides valuable insights into the varying tax landscape across Dauphin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hummelstown Tax Rate
3.73%
Average Lancaster County Tax Rate
2.13%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hummelstown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17036 | 3.73% | 3.73% | 3.73% | 3.73% | 3.73% |
Source: Ownwell
Property Tax Assessment Values Across Hummelstown, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Hummelstown, Pennsylvania. 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 Appraisal District 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 Hummelstown, 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. The median home price in this area is $50,000, and the median tax bill stands at $1,864. Notably, the zip code 17036 has both the highest and lowest median tax bills, each at $1,864. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Hummelstown, Pennsylvania
Source: Ownwell
$50,000
$197,950
$345,900
Average Hummelstown Assessed Value
$50,000
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 Hummelstown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17036 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 |
Source: Ownwell
Property Tax Bills Across Hummelstown, Pennsylvania
In Hummelstown, located in Lancaster County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and is a percentage of the home's market value. Once the assessed value is established, the local tax rate is applied to compute the annual property tax bill. For example, with a median home price of $50,000 in Hummelstown, the tax bills at the 25th, 75th, and 90th percentiles are consistently $1,864. Several factors influence the assessed value, including the property's location, size, and condition. This assessed value directly impacts the homeowner's tax bill, which can significantly affect their annual budget. Compared to the national median property tax rate of 0.99%, the property tax rate in Hummelstown appears to be relatively high, given the uniform tax bill of $1,864. This consistency in tax bills across various percentiles highlights the importance of understanding local tax policies and assessments for homeowners in Hummelstown.
Average Hummelstown Tax Bill
$1,864
Average Lancaster County Tax Bill
$3,883
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Hummelstown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17036 | $1,864 | $1,864 | $1,864 | $1,864 | $1,864 |
Source: Ownwell