Mohnton, Lancaster County, Pennsylvania Property Taxes
Median Mohnton, PA effective property tax rate: 1.66%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Mohnton, PA home value: $166,300
Median annual Mohnton, PA tax bill: $2,780, $380 higher than the national median property tax bill of $2,400.
How are property taxes in Lancaster County calculated?
Property taxes in Mohnton, 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 Mohnton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mohnton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mohnton, Lancaster County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.66%
Estimate Property Tax Bill
$2,761
$2,562
Property Tax Rates Across Mohnton, Lancaster County, Pennsylvania
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually 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 votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In Mohnton in Lancaster County, the effective property tax rate stands at 1.66%. This rate is higher than the national median property tax rate of 1.02%. The median property tax bill in Mohnton is also notably above the national median of $2,400. This comparison highlights the significant variation in property tax rates and bills within Pennsylvania and across the U.S. Understanding these differences is crucial for property owners looking to manage their tax liabilities effectively. Comparing Mohnton’s effective property tax rate to other cities in Pennsylvania and the median property tax rates in the state and the U.S. provides valuable insights into the local tax landscape.
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 Mohnton Tax Rate
1.66%
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 Lancaster County Tax Rate
2.13%
Median Effective Pennsylvania Tax Rate
2.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mohnton, Lancaster County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19540 | 1.66% | 1.66% | 1.66% | 1.66% | 1.66% |
Source: Ownwell
Property Tax Assessment Values Across Mohnton, Lancaster County, Pennsylvania
When examining property taxes in Mohnton, PA, 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 Lancaster County assessment 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 Lancaster 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 Mohnton. For example, the median home price in Mohnton is $166,300, with tax bills ranging significantly across the county. Zip code 19540 has the highest median home price at $166,300.
Property Tax Assessment Values Across Mohnton, Lancaster County, Pennsylvania
Source: Ownwell
$118,800
$189,350
$259,900
Median Mohnton Market Value
$166,300
Median Lancaster County Market Value
$177,300
Median Pennsylvania Market Value
$114,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mohnton, Lancaster County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19540 | $8,520 | $60,300 | $166,300 | $247,250 | $336,500 |
Source: Ownwell
Property Tax Bills Across Mohnton, Lancaster County, Pennsylvania
Median Mohnton Tax Bill
$2,780
Median Lancaster County Tax Bill
$3,883
Median Pennsylvania Tax Bill
$3,063
Median United States Tax Bill
$2,400
Property Tax Bills Across Mohnton, Lancaster County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19540 | $146 | $1,068 | $2,780 | $4,204 | $5,599 |
Source: Ownwell