Elverson, Chester County, Pennsylvania Property Taxes

Name: Property Tax Bills Across Elverson, Chester County, Pennsylvania
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Elverson, PA effective property tax rate: 3.62%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Elverson, PA home value: $155,420
Median annual Elverson, PA tax bill: $5,624, $3,224 higher than the national median property tax bill of $2,400.

How are property taxes in Chester 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, Chester County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.62%

Estimate Property Tax Bill

$5,626

$5,221

Ownwell’s Elverson Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Elverson with just two data points.

By entering your property's estimated assessed value, our calculator applies Elverson’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Chester County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Elverson, Chester County, Pennsylvania

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process. In Elverson, located in Chester County, Pennsylvania, the effective property tax rate is notably higher than the national median. This means residents in Elverson face a greater property tax burden compared to the average U.S. homeowner. Chester County has the highest median property tax rate in the state, which can be a significant consideration for homeowners. While Elverson's rate is consistent across the county, it remains crucial for property owners to be aware of these differences, as they can impact financial planning and property investments. Comparing Elverson’s effective property tax rate to other cities in Pennsylvania and the national average highlights the importance of understanding local tax obligations.

Property Tax Rates Across Elverson, Chester County, Pennsylvania

Source: Ownwell

2.64%

3.91%

5.18%

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

3.62%

Median Effective Chester County Tax Rate

3.50%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Elverson, Chester County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
19520	3.35%	3.58%	3.62%	3.71%	3.85%

Source: Ownwell

Property Tax Assessment Values Across Elverson, Chester 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 Chester 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 Chester County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 $155,420, with tax bills ranging significantly across the county. Zip code 19520 has the highest median home price at $155,420.

Property Tax Assessment Values Across Elverson, Chester County, Pennsylvania

Source: Ownwell

$74,035

$221,953

$369,870

Median Elverson Market Value

$155,420

Median Chester County Market Value

$166,835

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Elverson, Chester County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
19520	$92,472	$121,880	$155,420	$190,460	$237,194

Source: Ownwell

Property Tax Bills Across Elverson, Chester County, Pennsylvania

In Elverson, Chester County, PA, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is a percentage of the property's market value, and this percentage is determined by the local assessment office. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Elverson face a median property tax bill of $5,624, which is significantly higher than the national median of $2,400. The tax bill can vary widely, with the 25th percentile at $4,405 and the 90th percentile reaching up to $8,642. This substantial financial burden highlights the importance of ensuring an accurate assessment. Ownwell assists homeowners by reviewing their property assessments to identify potential inaccuracies, potentially lowering their tax bills. By filing appeals and seeking exemptions, Ownwell can help reduce the financial strain of high property taxes, ensuring homeowners pay only their fair share.

Property Tax Bills Across Elverson, Chester County, Pennsylvania

Source: Ownwell

$3,552

$6,951

$10,350

Median Elverson Tax Bill

$5,624

Median Chester County Tax Bill

$6,037

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Elverson, Chester County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
19520	$3,277	$4,405	$5,624	$6,872	$8,642

Source: Ownwell