Fawn Grove, Pennsylvania Property Taxes
The median property tax rate in Fawn Grove, PA is 2.99%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Fawn Grove, the typical annual property tax bill reaches $5,168, significantly exceeding the national median of $2,690. Property taxes in Fawn Grove 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 Fawn Grove'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 Fawn Grove or another part of York County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Fawn Grove, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.99%
Estimate Property Tax Bill
$5,152
Ownwell’s Fawn Grove Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fawn Grove with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fawn Grove 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 Fawn Grove, Pennsylvania
Property taxes in Fawn Grove, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fawn Grove is 2.99%, significantly higher than the U.S. national median of 0.99%. Local government entities within Fawn Grove set these rates annually, and they can vary across different neighborhoods. Each year, Fawn Grove 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 Fawn Grove's effective property tax rate to other cities in Pennsylvania and the national median. For comparison, the zip code 17321 has the highest median property tax rate of 2.99%, while the same zip code also has the lowest median tax rate of 2.99%. Understanding how these areas compare with Fawn Grove provides valuable insights into the varying tax landscape across York County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fawn Grove Tax Rate
2.99%
Average York County Tax Rate
3.29%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fawn Grove, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17321 | 2.99% | 2.99% | 2.99% | 3.01% | 3.12% |
Source: Ownwell
Property Tax Assessment Values Across Fawn Grove, Pennsylvania
In Fawn Grove, 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 York 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 Fawn Grove, 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 Fawn Grove helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 17321, with a median tax bill of $5168.
Property Tax Assessment Values Across Fawn Grove, Pennsylvania
Source: Ownwell
$38,185
$150,108
$262,030
Average Fawn Grove Assessed Value
$172,320
Average York County Assessed Value
$130,990
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fawn Grove, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17321 | $99,387 | $133,332 | $172,320 | $221,280 | $271,709 |
Source: Ownwell
Property Tax Bills Across Fawn Grove, Pennsylvania
In Fawn Grove, York County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and is a percentage of the home's market value. Homeowners in Fawn Grove often see tax bills that vary significantly, influenced by the specific assessed value of their property and the local tax rate. For example, the median home price in the area is $172,320, and property tax bills can range from the 25th percentile at $4,026 to the 75th percentile at $6,618, with some reaching the 90th percentile at $8,150. The local tax rate in Fawn Grove results in a median tax bill of $5,168, which is notably higher than the national median property tax rate of 0.99%. This higher tax rate can impact homeowners by increasing their annual expenses, making it crucial for them to understand how their property is assessed and to explore any available exemptions or appeal options to potentially reduce their tax burden.
Average Fawn Grove Tax Bill
$5,168
Average York County Tax Bill
$4,203
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Fawn Grove, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17321 | $3,067 | $4,026 | $5,168 | $6,618 | $8,150 |
Source: Ownwell