Cornwall, Lebanon County, Pennsylvania Property Taxes

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

Median Cornwall, PA effective property tax rate: 2.23%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Cornwall, PA home value: $419,917
Median annual Cornwall, PA tax bill: $9,346, $6,946 higher than the national median property tax bill of $2,400.

How are property taxes in Lebanon calculated?

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

Last Updated March 1, 2025

Cornwall, Lebanon County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.23%

Estimate Property Tax Bill

$9,364

$8,690

Ownwell’s Cornwall Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cornwall with just two data points. By entering your property's estimated assessed value, our calculator applies Cornwall’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 Lebanon. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cornwall, Lebanon County, Pennsylvania

Local government entities are responsible for setting tax rates, which can differ significantly within a state. This is because each county annually estimates the budget needed to provide public services and divides that by the total value of all taxable property in its area. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

Cornwall in Lebanon County, PA, has an effective property tax rate that stands out when compared to other cities in Pennsylvania. The median property tax rate in Pennsylvania is higher than the national median of 1.02%, making property taxes a significant consideration for homeowners in the state. The national median property tax bill is $2,400, which provides a benchmark for comparison. Understanding these rates is crucial for property owners looking to manage their expenses effectively. By staying informed about local tax rates and how they compare to state and national averages, property owners in Cornwall can make more informed financial decisions.

Property Tax Rates Across Cornwall, Lebanon County, Pennsylvania

Source: Ownwell

1.89%

2.08%

2.28%

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 Cornwall Tax Rate

2.23%

Median Effective Lebanon County Tax Rate

2.19%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cornwall, Lebanon County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
17016	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Cornwall, Lebanon County, Pennsylvania

When examining property taxes in Cornwall, 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 Lebanon 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 Lebanon 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 Cornwall. For example, the median home price in Cornwall is $419,917, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Cornwall, Lebanon County, Pennsylvania

Source: Ownwell

$81,364

$241,606

$401,847

Median Cornwall Market Value

$419,917

Median Lebanon County Market Value

$159,855

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cornwall, Lebanon County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
17016	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Cornwall, Lebanon County, Pennsylvania

In Cornwall, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. With a median home price of $419,917, Cornwall homeowners face significant property tax bills. The tax bill at the 25th percentile is $5,838, while at the 75th percentile, it reaches $11,052, and the 90th percentile is $12,075. These figures are notably higher than the national median property tax bill of $2,400. Factors influencing the tax bill include the home's assessed value, local tax rate, and any applicable exemptions or deductions. High property taxes can strain homeowners financially, making it crucial to ensure accurate assessments. Ownwell assists homeowners by providing property tax appeal services, potentially lowering their tax obligations. Through expert analysis and advocacy, Ownwell helps identify discrepancies in assessments, ensuring homeowners only pay their fair share, ultimately saving them money.

Property Tax Bills Across Cornwall, Lebanon County, Pennsylvania

Source: Ownwell

$1,605

$5,115

$8,624

Median Cornwall Tax Bill

$9,346

Median Lebanon County Tax Bill

$3,511

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Cornwall, Lebanon County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
17016	N/A	N/A	N/A	N/A	N/A

Source: Ownwell