Stewartstown, Pennsylvania Property Taxes
The median property tax rate in Stewartstown, PA is 2.94%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Stewartstown at $173,710, the typical annual property tax bill reaches $5,189, far exceeding the national median of $2,690. Property taxes in Stewartstown 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 Stewartstown'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 Stewartstown 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
Stewartstown, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.94%
Estimate Property Tax Bill
$5,107
Ownwell’s Stewartstown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stewartstown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stewartstown 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 Stewartstown, Pennsylvania
Property taxes in Stewartstown, PA, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stewartstown is 1.46%, higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Stewartstown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stewartstown 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 Stewartstown's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the highest median property tax rate in the county is 1.46%, while the lowest median tax rate is also 1.46%. Understanding how these cities compare with Stewartstown 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 Stewartstown Tax Rate
2.94%
Average York County Tax Rate
3.29%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stewartstown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17363 | 2.94% | 2.94% | 2.94% | 3.05% | 3.20% |
Source: Ownwell
Property Tax Assessment Values Across Stewartstown, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Stewartstown, PA. 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 Stewartstown, 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 Stewartstown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code with the highest and lowest median tax bill in Stewartstown is 17363, with a median tax bill of $5,189.
Property Tax Assessment Values Across Stewartstown, Pennsylvania
Source: Ownwell
$38,185
$150,108
$262,030
Average Stewartstown Assessed Value
$173,710
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 Stewartstown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17363 | $96,260 | $137,675 | $173,710 | $219,485 | $267,112 |
Source: Ownwell
Property Tax Bills Across Stewartstown, Pennsylvania
In Stewartstown, 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 York County property assessor's office and is intended to reflect the market value of the property. Homeowners in Stewartstown can expect a wide range of tax bills depending on their property's assessed value. For example, the 25th percentile of tax bills is $4,193, while the 75th percentile reaches $6,554. At the higher end, the 90th percentile tax bill is $7,991. These figures highlight the variability in property tax bills within the area. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding local tax burdens. High property tax bills can significantly impact homeowners by increasing the overall cost of homeownership. Understanding how these taxes are calculated and what factors are considered can help homeowners better manage their financial planning and potential appeals.
Average Stewartstown Tax Bill
$5,189
Average York County Tax Bill
$4,203
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Stewartstown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17363 | $2,989 | $4,193 | $5,189 | $6,554 | $7,991 |
Source: Ownwell