Lawn, Pennsylvania Property Taxes
The median property tax rate in LAWN, PA is 2.37%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in LAWN, the typical annual property tax bill reaches $6,658, exceeding the national median of $2,690. Property taxes in LAWN 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 LAWN'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 LAWN 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
Lawn, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.37%
Estimate Property Tax Bill
$6,653
-$69,719
Ownwell’s LAWN Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in LAWN, Lancaster County. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in LAWN to provide an accurate estimate of your property tax bill. This valuable tool helps you anticipate potential tax liabilities, making financial planning easier. For those interested in more detailed insights, you can explore trends at the neighborhood level by scrolling down. Your property’s assessed value, determined by the county, is crucial for tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Lawn, Pennsylvania
Property taxes in LAWN, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in LAWN is 2.37%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within LAWN set these rates annually, and they can vary significantly across different neighborhoods. Each year, LAWN 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 LAWN's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17041 zip code has the highest median property tax rate of 2.37%, while the same zip code also has the lowest median tax rate of 2.37%. Understanding how these cities compare with LAWN 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 Lawn Tax Rate
2.37%
Average Lancaster County Tax Rate
2.13%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lawn, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17041 | 2.37% | 2.37% | 2.37% | 2.37% | 2.37% |
Source: Ownwell
Property Tax Assessment Values Across Lawn, Pennsylvania
In LAWN, 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 LAWN, 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 LAWN helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 17041 has both the highest and lowest median tax bills, each at $6,658, highlighting the uniformity in tax assessments within this region.
Average Lawn Assessed Value
$280,700
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 Lawn, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17041 | $280,700 | $280,700 | $280,700 | $280,700 | $280,700 |
Source: Ownwell
Property Tax Bills Across Lawn, Pennsylvania
In LAWN, Lancaster County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by county assessors who evaluate the property's market value. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. For homeowners in LAWN, the median home price is $280,700, and the median property tax bill is $6,658, significantly higher than the national median property tax rate of 0.99%. Several factors influence the tax bill, including property size, location, and any improvements made to the property. High property taxes can impact homeowners by increasing their annual expenses, which can be a burden, especially for those on a fixed income. However, these taxes fund essential public services like schools, roads, and emergency services, contributing to community well-being. Understanding how property tax bills are calculated can help homeowners better manage their finances and plan for future expenses.
Average Lawn Tax Bill
$6,658
Average Lancaster County Tax Bill
$3,883
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Lawn, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17041 | $6,658 | $6,658 | $6,658 | $6,658 | $6,658 |
Source: Ownwell