Landisburg, Pennsylvania Property Taxes
The median property tax rate in Landisburg, PA is 1.20%, which is higher than the national median of 0.99% but considerably lower than the Pennsylvania state median of 2.81%. With a median home value of $149,300 in Landisburg, the typical annual property tax bill amounts to $1,792, falling below the national median of $2,690. Property taxes in Landisburg are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Landisburg'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 Landisburg or another part of Perry County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Landisburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$1,792
Ownwell’s Landisburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Landisburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Landisburg 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 Landisburg, Pennsylvania
Property taxes in Landisburg, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Landisburg is 1.20%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Landisburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Landisburg 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 Landisburg's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 17040 has the highest median property tax rate of 1.20%, while the same zip code also has the lowest median tax rate of 1.20%. Understanding how these cities compare with Landisburg provides valuable insights into the varying tax landscape across Perry County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Landisburg Tax Rate
1.20%
Average Perry County Tax Rate
1.60%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Landisburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17040 | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Landisburg, Pennsylvania
In Landisburg, 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 Perry County 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 Landisburg, 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 Landisburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Landisburg are both $1792, found in zip code 17040.
Property Tax Assessment Values Across Landisburg, Pennsylvania
Source: Ownwell
$42,600
$106,125
$169,650
Average Landisburg Assessed Value
$149,300
Average Perry County Assessed Value
$142,500
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Landisburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17040 | $56,700 | $92,150 | $149,300 | $208,700 | $323,700 |
Source: Ownwell
Property Tax Bills Across Landisburg, Pennsylvania
In Landisburg, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county and is typically a percentage of the market value of the property. Homeowners in Landisburg can expect their tax bills to vary significantly depending on the value of their homes. For instance, the 25th percentile tax bill is $1,106, while the 75th percentile tax bill is $2,504. At the higher end, the 90th percentile tax bill reaches $3,884. These tax bills are crucial for funding local services such as schools, public safety, and infrastructure. The median home price in Landisburg is $149,300, which can be compared to the national median property tax rate of 0.99%. In Perry County, the highest and lowest median tax bills are both $1,792, indicating a relatively stable tax environment within the same zip code. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Landisburg Tax Bill
$1,792
Average Perry County Tax Bill
$2,100
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Landisburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17040 | $680 | $1,106 | $1,792 | $2,504 | $3,884 |
Source: Ownwell