Morgantown, Lancaster County, Pennsylvania Property Taxes

Name: Property Tax Bills Across Morgantown, Lancaster County, Pennsylvania
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Morgantown, PA effective property tax rate: 1.58%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Morgantown, PA home value: $226,750
Median annual Morgantown, PA tax bill: $3,589, $1,189 higher than the national median property tax bill of $2,400.

How are property taxes in Lancaster calculated?

Property taxes in Morgantown, PA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Morgantown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Morgantown, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Morgantown, Lancaster County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.58%

Estimate Property Tax Bill

$3,583

$3,325

Ownwell’s Morgantown Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Morgantown with just two data points. By entering your property's estimated assessed value, our calculator applies Morgantown’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Lancaster County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Morgantown, Lancaster County, Pennsylvania

Local government entities set tax rates, which can vary widely within a state. Each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. In Morgantown, located in Lancaster County, Pennsylvania, property tax rates can differ significantly from those in other parts of the state. Comparing Morgantown’s effective property tax rate to other cities in Pennsylvania and the national median provides valuable insight. Pennsylvania’s median property tax rate is 1.58%, notably higher than the national median of 1.02%. This difference translates to higher tax bills for property owners in the area, emphasizing the importance of understanding local tax rates. With the national median property tax bill at $2,400, property owners in Morgantown may find themselves paying more, making it crucial to explore property tax appeal and exemption services to potentially reduce their tax burden.

Property Tax Rates Across Morgantown, Lancaster County, Pennsylvania

Source: Ownwell

1.45%

2.59%

3.74%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Morgantown Tax Rate

1.58%

Median Effective Lancaster County Tax Rate

2.13%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Morgantown, Lancaster County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
19543	1.58%	1.58%	1.58%	1.58%	1.58%

Source: Ownwell

Property Tax Assessment Values Across Morgantown, Lancaster County, Pennsylvania

When examining property taxes in Morgantown, Pennsylvania, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Lancaster County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Lancaster County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Morgantown. For example, the median home price in Morgantown is $226,750, with tax bills ranging significantly across the county. ZIP code 19543 has the highest median home price at $226,750.

Property Tax Assessment Values Across Morgantown, Lancaster County, Pennsylvania

Source: Ownwell

$118,800

$189,350

$259,900

Median Morgantown Market Value

$226,750

Median Lancaster County Market Value

$177,300

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Morgantown, Lancaster County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
19543	$12,780	$151,775	$226,750	$313,700	$408,790

Source: Ownwell

Property Tax Bills Across Morgantown, Lancaster County, Pennsylvania

In Morgantown, located in Lancaster County, PA, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. This assessed value is a percentage of the property's market value, which can fluctuate based on real estate trends and improvements made to the property. Homeowners in Morgantown face a median property tax bill of $3,589, significantly higher than the national median of $2,400. Factors such as location within the county and property characteristics influence the tax bill. For example, properties in the 19543 zip code exhibit the highest median tax bill in the area. These elevated tax bills can pose a financial burden on homeowners, making it crucial to ensure accurate assessments. Ownwell can assist homeowners in Morgantown by evaluating their property tax assessments and filing appeals when necessary. By identifying discrepancies and advocating for fair taxation, Ownwell helps homeowners potentially reduce their tax bills, offering relief from the high property tax rates in the area.

Property Tax Bills Across Morgantown, Lancaster County, Pennsylvania

Source: Ownwell

$2,365

$4,201

$6,036

Median Morgantown Tax Bill

$3,589

Median Lancaster County Tax Bill

$3,883

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Morgantown, Lancaster County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
19543	$203	$2,463	$3,589	$4,978	$6,468

Source: Ownwell