New Holland, Lancaster County, Pennsylvania Property Taxes

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

Median New Holland, PA effective property tax rate: 1.82%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median New Holland, PA home value: $195,100
Median annual New Holland, PA tax bill: $3,475, $1,075 higher than the national median property tax bill of $2,400.

How are property taxes in Lancaster calculated?

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

Last Updated March 1, 2025

New Holland, Lancaster County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.82%

Estimate Property Tax Bill

$3,551

$3,295

Ownwell’s New Holland Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in New Holland with just two data points. By entering your property's estimated assessed value, our calculator applies New Holland’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 New Holland, Lancaster County, Pennsylvania

Local government entities determine tax rates, which can differ significantly within a state. This variation occurs because each county calculates its necessary budget for services annually and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although the process involves votes and laws to set tax rates and budgets, this is the essence of how it works each year.

New Holland, located in Lancaster County, PA, has an effective property tax rate of 1.82%, which aligns with the county's median rate. This rate is notably higher than the national median property tax rate of 1.02%. Consequently, property owners in New Holland may find themselves paying more in property taxes compared to the national average. Understanding these rates is crucial for homeowners, as they directly impact annual property tax bills. Comparing New Holland's rate to the U.S. median highlights the importance of local tax policies and their effect on property owners' finances.

Property Tax Rates Across New Holland, 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 New Holland Tax Rate

1.82%

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 New Holland, Lancaster County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
17557	1.67%	1.67%	1.82%	1.90%	1.90%

Source: Ownwell

Property Tax Assessment Values Across New Holland, Lancaster County, Pennsylvania

When examining property taxes in New Holland, PA, 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 Tax Assessment Office 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 New Holland.

For example, the median home price in New Holland is $195,100, with tax bills ranging significantly across the county. Zip code 17557 has the highest median home price at $195,100.

Property Tax Assessment Values Across New Holland, Lancaster County, Pennsylvania

Source: Ownwell

$118,800

$189,350

$259,900

Median New Holland Market Value

$195,100

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 New Holland, Lancaster County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
17557	$115,400	$154,200	$195,100	$249,600	$317,800

Source: Ownwell

Property Tax Bills Across New Holland, Lancaster County, Pennsylvania

In New Holland, Lancaster County, PA, property tax bills are calculated based on the assessed value of a home. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in New Holland face a median property tax bill of $3,475, which is significantly higher than the national median of $2,400. Factors influencing the tax bill include the property's assessed value, any applicable exemptions, and the local tax rate. For homeowners in New Holland, the tax bill can range from the 25th percentile at $2,834 to the 90th percentile at $5,676, reflecting the variability in property values and local tax levies. This can place a financial burden on homeowners, especially when property values rise or local tax rates increase. Ownwell offers valuable assistance by helping homeowners appeal their property assessments and identify potential exemptions. By leveraging their expertise, homeowners can potentially reduce their tax liabilities, ensuring they pay only what is fair and accurate.

Property Tax Bills Across New Holland, Lancaster County, Pennsylvania

Source: Ownwell

$2,365

$4,201

$6,036

Median New Holland Tax Bill

$3,475

Median Lancaster County Tax Bill

$3,883

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across New Holland, Lancaster County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
17557	$2,140	$2,834	$3,475	$4,433	$5,676

Source: Ownwell