Stewartstown, Pennsylvania Property Taxes
The median property tax rate in Stewartstown, PA is 3.74%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With a median home value in Stewartstown of $77,300, the typical annual property tax bill reaches $2,889, exceeding the national median of $2,690. Property taxes in Stewartstown 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 Stewartstown'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 Stewartstown or another part of Lancaster County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Stewartstown, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.74%
Estimate Property Tax Bill
$2,891
-$30,298
Ownwell’s Stewartstown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stewartstown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stewartstown 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 Stewartstown, Pennsylvania
Property taxes in Stewartstown, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stewartstown is 1.46%, higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Stewartstown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stewartstown 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 Stewartstown's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 17363 has the highest median property tax rate of 1.46%, while the lowest median tax rate is also 1.46%. Understanding how these cities compare with Stewartstown provides valuable insights into the varying tax landscape across York County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Stewartstown Tax Rate
3.74%
Average Lancaster County Tax Rate
2.13%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stewartstown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17363 | 3.74% | 3.74% | 3.74% | 3.74% | 3.74% |
Source: Ownwell
Property Tax Assessment Values Across Stewartstown, Pennsylvania
In Stewartstown, 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 Stewartstown, 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 Stewartstown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Stewartstown is $77,300, with the highest and lowest median tax bills both at $2,889 in zip code 17363.
Property Tax Assessment Values Across Stewartstown, Pennsylvania
Source: Ownwell
$50,000
$197,950
$345,900
Average Stewartstown Assessed Value
$77,300
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 Stewartstown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17363 | $77,300 | $77,300 | $77,300 | $77,300 | $77,300 |
Source: Ownwell
Property Tax Bills Across Stewartstown, Pennsylvania
In Stewartstown, located in Lancaster County, PA, property tax bills are calculated based on the assessed value of a homeowner's property. The assessment is determined by the local tax assessor and reflects the market value of the property. Once the property is assessed, the tax rate, also known as the millage rate, is applied to this value to determine the tax bill. For example, with a median home price of $77,300, homeowners in Stewartstown can expect a consistent tax bill of $2,889, which is significantly higher than the national median property tax rate of 0.99%. This figure remains constant across various percentiles, indicating a uniform tax rate application within the area. Factors influencing the tax bill include the property's assessed value and the local tax rate, which can vary based on municipal needs and budget requirements. High property taxes can impact homeowners by increasing the overall cost of owning a home, potentially affecting affordability and long-term financial planning. Understanding these factors can help homeowners better prepare for their annual tax obligations.
Average Stewartstown Tax Bill
$2,889
Average Lancaster County Tax Bill
$3,883
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Stewartstown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17363 | $2,889 | $2,889 | $2,889 | $2,889 | $2,889 |
Source: Ownwell