Elverson, Berks County, Pennsylvania Property Taxes
Median Elverson, PA effective property tax rate: 3.92%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Elverson, PA home value: $131,350
Median annual Elverson, PA tax bill: $5,039, $2,639 higher than the national median property tax bill of $2,400.
How are property taxes in Berks County calculated?
Property taxes in Elverson, PA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Elverson’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Elverson, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Elverson, Berks County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.25%
Estimate Property Tax Bill
$1,502
$1,393
Property Tax Rates Across Elverson, Berks County, Pennsylvania
Local government entities determine tax rates, which can vary significantly within a state. This is because each year, counties estimate the budget needed to deliver services and divide this by the total assessed value of all taxable properties within their area. This calculation results in the property tax rate. Although the process involves votes and laws, this is essentially how it works annually.
Now, let's consider Elverson in Berks County, Pennsylvania. In this region, the effective property tax rate is notably higher than both the state and national averages. Pennsylvania's median property tax rate is already above the national median of 1.02%, but Elverson's rate stands out even more prominently. This means homeowners in Elverson are paying a higher percentage of their property's assessed value in taxes compared to many other places.
Comparing Elverson to other cities in Pennsylvania, you'll find that it has one of the highest effective tax rates in the state. Understanding these differences can help property owners in Elverson make informed decisions about appealing their property taxes or seeking exemptions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Elverson Tax Rate
3.25%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Berks County Tax Rate
4.91%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Elverson, Berks County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19520 | 1.70% | 2.58% | 3.25% | 4.25% | 5.81% |
Source: Ownwell
Property Tax Assessment Values Across Elverson, Berks County, Pennsylvania
When examining property taxes in Elverson, Pennsylvania, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Berks County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Berks County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Elverson.
For example, the median home price in Elverson is $131,350, with tax bills ranging significantly across the county. ZIP code 19520 has the highest median home price at $131,350.
Property Tax Assessment Values Across Elverson, Berks County, Pennsylvania
Source: Ownwell
$7,700
$36,550
$65,400
Median Elverson Market Value
$46,200
Median Berks County Market Value
$31,900
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Elverson, Berks County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19520 | $36,200 | $39,600 | $46,200 | $54,700 | $78,780 |
Source: Ownwell
Property Tax Bills Across Elverson, Berks County, Pennsylvania
Median Elverson Tax Bill
$1,580
Median Berks County Tax Bill
$1,471
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Elverson, Berks County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19520 | $1,023 | $1,254 | $1,580 | $2,060 | $2,782 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Berks Tax Assessor | |
| Website | gis.co.berks.pa.us |