Landisville, Pennsylvania Property Taxes
The median property tax rate in Landisville, PA is 2.06%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Landisville at $218,550, the typical annual property tax bill reaches $4,566, exceeding the national median of $2,690. Property taxes in Landisville 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 Landisville'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 Landisville 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
Landisville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.06%
Estimate Property Tax Bill
$4,502
-$47,182
Ownwell’s Landisville Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Landisville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Landisville 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 Landisville, Pennsylvania
Property taxes in Landisville, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Landisville is 2.06%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Landisville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Landisville 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 Landisville's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 17538 has the highest median property tax rate of 2.06%, while the same zip code also has the lowest median tax rate of 2.06%. Understanding how these cities compare with Landisville 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 Landisville Tax Rate
2.06%
Average Lancaster County Tax Rate
2.13%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Landisville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17538 | 2.06% | 2.06% | 2.06% | 2.06% | 2.15% |
Source: Ownwell
Property Tax Assessment Values Across Landisville, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Landisville, PA. 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 Landisville, 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. For example, the median home price in Landisville is $218,550, with tax bills ranging from $3,666 at the 25th percentile to $6,916 at the 90th percentile. 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 Landisville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Landisville, Pennsylvania
Source: Ownwell
$50,000
$197,950
$345,900
Average Landisville Assessed Value
$218,550
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 Landisville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17538 | $138,610 | $174,700 | $218,550 | $270,725 | $335,000 |
Source: Ownwell
Property Tax Bills Across Landisville, Pennsylvania
Property tax bills in Landisville, located in Lancaster County, PA, are calculated based on the assessed value of a property, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Landisville, the median home price stands at $218,550. Tax bills can vary significantly, with the 25th percentile tax bill at $3,666 and the 75th percentile at $5,625. The 90th percentile tax bill reaches up to $6,916, indicating higher property values or higher assessment rates in some areas. Compared to the national median property tax rate of 0.99%, Landisville's property tax rate may result in higher annual payments for homeowners. These property taxes fund essential local services, such as schools, public safety, and infrastructure, directly impacting the community's quality of life. Homeowners need to consider these factors, as higher property taxes can influence overall housing affordability and long-term financial planning.
Average Landisville Tax Bill
$4,566
Average Lancaster County Tax Bill
$3,883
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Landisville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17538 | $2,894 | $3,666 | $4,566 | $5,625 | $6,916 |
Source: Ownwell