York, Pennsylvania Property Taxes
The median property tax rate in York, PA is 2.89%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in York at $345,900, the typical annual property tax bill reaches $9,996, far exceeding the national median of $2,690. Property taxes in York are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding York'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 York 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
York, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.89%
Estimate Property Tax Bill
$9,997
-$104,763
Ownwell’s York Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in York with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in York 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 York, Pennsylvania
Property taxes in York, PA, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in York is 2.89%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within York set these rates annually, and they can vary significantly across different neighborhoods. Each year, York 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 York's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17401 zip code has the highest median property tax rate of 2.89%, while the same zip code also has the lowest median tax rate of 2.89%. Understanding how these cities compare with York 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 York Tax Rate
2.89%
Average Lancaster County Tax Rate
2.13%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across York, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17401 | 2.89% | 2.89% | 2.89% | 2.89% | 2.89% |
Source: Ownwell
Property Tax Assessment Values Across York, Pennsylvania
In York, 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 local authorities 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 York, 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 York helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In York, the zip code with the highest median tax bill is 17401, while the zip code with the lowest median tax bill is also 17401.
Average York Assessed Value
$345,900
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 York, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17401 | $345,900 | $345,900 | $345,900 | $345,900 | $345,900 |
Source: Ownwell
Property Tax Bills Across York, Pennsylvania
In York, PA, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is a percentage of the market value, which is determined by local tax assessors based on various factors such as property size, location, and condition. The local tax rate, often expressed as a millage rate, is set by local government authorities and school districts to meet budgetary needs. For homeowners in York, the median home price stands at $345,900. Given the local tax rates, this translates to a substantial tax bill. For example, tax bills at the 25th, 75th, and 90th percentiles all hover around $9,996. This figure is notably higher than the national median property tax rate of 0.99%, indicating that homeowners in York face a comparatively higher property tax burden. Understanding these factors helps homeowners anticipate their annual expenses and plan their finances accordingly.
Average York Tax Bill
$9,996
Average Lancaster County Tax Bill
$3,883
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across York, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17401 | $9,996 | $9,996 | $9,996 | $9,996 | $9,996 |
Source: Ownwell