Kinzers, Pennsylvania Property Taxes
The median property tax rate in Kinzers, PA is 1.82%, which is considerably higher than the national median of 0.99% but still below the Pennsylvania state median of 2.81%. With the median home value in Kinzers at $207,300, the typical annual property tax bill reaches $4,038, significantly exceeding the national median of $2,690. Property taxes in Kinzers are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Kinzers' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Kinzers 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
Kinzers, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.82%
Estimate Property Tax Bill
$3,773
-$39,540
Ownwell’s Kinzers Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kinzers with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kinzers 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 Kinzers, Pennsylvania
Property taxes in Kinzers, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kinzers is 1.82%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Kinzers set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kinzers 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 Kinzers' effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 17535 has the highest median property tax rate of 1.82%, while the same zip code also has the lowest median tax rate of 1.82%. Understanding how these cities compare with Kinzers 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 Kinzers Tax Rate
1.82%
Average Lancaster County Tax Rate
2.13%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kinzers, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17535 | 1.82% | 1.82% | 1.82% | 1.93% | 1.93% |
Source: Ownwell
Property Tax Assessment Values Across Kinzers, Pennsylvania
In Kinzers, 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 Kinzers, 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 Kinzers helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Kinzers are both $4038, with the zip code 17535.
Average Kinzers Assessed Value
$207,300
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 Kinzers, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17535 | $124,240 | $162,400 | $207,300 | $291,600 | $369,420 |
Source: Ownwell
Property Tax Bills Across Kinzers, Pennsylvania
In Kinzers, located in Lancaster County, PA, property tax bills are calculated based on the assessed value of a home. The assessment process determines the taxable value, which is then multiplied by the local tax rate to calculate the annual tax bill. For example, with a median home price of $207,300, the tax bill can vary significantly. At the 25th percentile, homeowners might pay around $3,088 annually, while those at the 75th percentile could see bills as high as $5,490. The 90th percentile tax bill reaches up to $6,776. Several factors influence these tax bills, including the home's assessed value, local tax rates, and any applicable exemptions. Higher assessed values or tax rates result in higher bills, impacting homeowners' budgets. In comparison to the national median property tax rate of 0.99%, Kinzers' tax rates may seem higher, but they reflect the specific fiscal needs and policies of Lancaster County. Understanding these elements helps homeowners anticipate their financial obligations and plan accordingly.
Average Kinzers Tax Bill
$4,038
Average Lancaster County Tax Bill
$3,883
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Kinzers, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17535 | $2,341 | $3,088 | $4,038 | $5,490 | $6,776 |
Source: Ownwell