Liverpool, Snyder County, Pennsylvania Property Taxes
The median property tax rate in Liverpool, PA is 2.63%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Liverpool at $20,545, the typical annual property tax bill reaches $540, exceeding the national median of $2,690. Property taxes in Liverpool 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 Liverpool'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 Liverpool 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
Liverpool, Snyder County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.63%
Estimate Property Tax Bill
$540
$501
Ownwell’s Liverpool Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Liverpool with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Liverpool 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 Liverpool, Snyder County, Pennsylvania
Property taxes in Liverpool, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Liverpool is 2.63%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Liverpool set these rates annually, and they can vary significantly across different neighborhoods. Each year, Liverpool 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 Liverpool's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17045 zip code has both the highest and lowest median property tax rate of 2.63%. Understanding how these cities compare with Liverpool provides valuable insights into the varying tax landscape across Snyder County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Liverpool Tax Rate
2.63%
Average Snyder County Tax Rate
2.51%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Liverpool, Snyder County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17045 | 2.50% | 2.50% | 2.63% | 2.63% | 2.63% |
Source: Ownwell
Property Tax Assessment Values Across Liverpool, Snyder County, Pennsylvania
In Liverpool, 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 Snyder County Appraisal District 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 Liverpool, 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 Liverpool 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 $540 in the 17045 zip code, while the lowest is also $540 in the same zip code.
Property Tax Assessment Values Across Liverpool, Snyder County, Pennsylvania
Source: Ownwell
$7,910
$17,100
$26,290
Average Liverpool Assessed Value
$20,545
Average Snyder County Assessed Value
$20,600
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Liverpool, Snyder County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17045 | $8,713 | $13,335 | $20,545 | $28,888 | $37,383 |
Source: Ownwell
Property Tax Bills Across Liverpool, Snyder County, Pennsylvania
In Liverpool, 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 arrive at the annual tax bill. For homeowners in Liverpool, the median home price stands at $20,545. The tax bill varies significantly, with the 25th percentile paying around $343 annually, while those at the 75th percentile see bills of approximately $747. At the 90th percentile, homeowners might pay up to $934. Several factors influence the tax bill, including the property's assessed value, any applicable exemptions, and the local tax rate. Compared to the national median property tax rate of 0.99%, Liverpool's tax rates can be relatively manageable, offering some relief to homeowners. However, the variability in tax bills means that homeowners should be proactive in understanding their property's assessed value and any potential exemptions they may qualify for to manage their annual tax expenses effectively.
Average Liverpool Tax Bill
$540
Average Snyder County Tax Bill
$582
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Liverpool, Snyder County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17045 | $228 | $343 | $540 | $747 | $934 |
Source: Ownwell