Swatara Township, Pennsylvania Property Taxes
The median property tax rate in Swatara Township, PA is 1.97%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Swatara Township at $81,364, the typical annual property tax bill reaches $1,605, which is below the national median of $2,690. Property taxes in Swatara Township are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Swatara Township'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 Swatara Township 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
Swatara Township, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.97%
Estimate Property Tax Bill
$1,603
Ownwell’s SWATARA TOWNSHIP Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in SWATARA TOWNSHIP with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in SWATARA TOWNSHIP 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 Swatara Township, Pennsylvania
Property taxes in Swatara Township, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Swatara Township is 1.97%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Swatara Township set these rates annually, and they can vary significantly across different neighborhoods. Each year, Swatara Township 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 Swatara Township's effective property tax rate to other areas in Lebanon County and the national median. For comparison, the 17046 zip code has the highest median property tax rate of 1.97%, while the same zip code also has the lowest median tax rate of 1.97%. Understanding how these areas compare with Swatara Township provides valuable insights into the varying tax landscape across Lebanon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Swatara Township Tax Rate
1.97%
Average Lebanon County Tax Rate
2.19%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Swatara Township, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17046 | 1.97% | 1.97% | 1.97% | 1.97% | 1.97% |
Source: Ownwell
Property Tax Assessment Values Across Swatara Township, Pennsylvania
In Swatara Township, 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 Lebanon 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 Swatara Township, 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 Swatara Township helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1,605 in zip code 17046, while the lowest is also $1,605 in the same zip code.
Property Tax Assessment Values Across Swatara Township, Pennsylvania
Source: Ownwell
$81,364
$250,641
$419,917
Average Swatara Township Assessed Value
$81,364
Average Lebanon County Assessed Value
$159,855
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Swatara Township, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17046 | $71,868 | $76,565 | $81,364 | $90,040 | $94,978 |
Source: Ownwell
Property Tax Bills Across Swatara Township, Pennsylvania
In Swatara Township, property tax bills are calculated based on the assessed value of a home, which is determined by local government assessments. These assessments consider factors such as property size, location, and market conditions. Homeowners in this area can expect their tax bills to vary within a certain range. For instance, the 25th percentile tax bill is around $1,510, while the 75th percentile tax bill is approximately $1,776. At the 90th percentile, the tax bill reaches about $1,873. The median home price in Swatara Township is $81,364, and the property tax rate significantly impacts the annual tax bill for homeowners. Compared to the national median property tax rate of 0.99%, the tax rates here can be a crucial factor for residents budgeting their yearly expenses. The highest and lowest median tax bills in the nearby zip code 17046 are both $1,605, indicating a relatively consistent tax rate within the region. Understanding these factors can help homeowners better anticipate their property tax obligations.
Average Swatara Township Tax Bill
$1,605
Average Lebanon County Tax Bill
$3,511
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Swatara Township, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17046 | $1,418 | $1,510 | $1,605 | $1,776 | $1,873 |
Source: Ownwell