Peach Bottom, Lancaster County, Pennsylvania Property Taxes
Median PEACH BOTTOM, PA effective property tax rate: 1.45%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median PEACH BOTTOM, PA home value: $179,700
Median annual PEACH BOTTOM, PA tax bill: $2,631, $231 higher than the national median property tax bill of $2,400.
How are property taxes in Lancaster calculated?
Property taxes in PEACH BOTTOM, 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 PEACH BOTTOM’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in PEACH BOTTOM, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Peach Bottom, Lancaster County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.45%
Estimate Property Tax Bill
$2,606
$2,418
Ownwell’s PEACH BOTTOM Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in PEACH BOTTOM with just two data points.
By entering your property's estimated assessed value, our calculator applies PEACH BOTTOM’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 Lancaster.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Peach Bottom, Lancaster County, Pennsylvania
Local government entities are responsible for setting property tax rates, which can vary significantly within Pennsylvania. Each county, including Lancaster, estimates its annual budget to provide essential services and divides this by the total assessed value of all taxable property within its jurisdiction. This process results in the property tax rate. While there are votes and laws that influence these rates and budgets, this is the core of the annual procedure.
In Peach Bottom, located in Lancaster County, the effective property tax rate can be compared to other cities in Pennsylvania, as well as the state and national median rates. Pennsylvania's median property tax rate stands at 1.45%, which is above the national median of 1.02%. This comparison highlights the variability in property tax rates across different regions. Understanding these differences can be crucial for homeowners looking to manage their property tax obligations effectively. By analyzing local rates in relation to state and national figures, property owners can make informed decisions about their investments and potential savings through tax appeals or exemptions.
Property Tax Rates Across Peach Bottom, Lancaster County, Pennsylvania
Source: Ownwell
1.45%
2.59%
3.74%
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 Peach Bottom Tax Rate
1.45%
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 Peach Bottom, Lancaster County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17563 | 1.45% | 1.45% | 1.45% | 1.45% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Peach Bottom, Lancaster County, Pennsylvania
When examining property taxes in Peach Bottom, 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 office 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 the season. 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 Peach Bottom. For example, the median home price in Peach Bottom is $179,700, with tax bills ranging significantly across the county. The 17563 zip code has the highest median home price at $179,700.
Property Tax Assessment Values Across Peach Bottom, Lancaster County, Pennsylvania
Source: Ownwell
$118,800
$189,350
$259,900
Median Peach Bottom Market Value
$179,700
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 Peach Bottom, Lancaster County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17563 | $59,540 | $131,300 | $179,700 | $235,500 | $301,940 |
Source: Ownwell
Property Tax Bills Across Peach Bottom, Lancaster County, Pennsylvania
In Peach Bottom, located in Lancaster County, PA, property tax bills are calculated based on the assessed value of a home. This assessed value is a percentage of the market value of the property, which is determined by local assessors. With a median home price of $179,700, homeowners in Peach Bottom face property tax bills that can range significantly. The 25th percentile tax bill is $1,914, while the 75th percentile reaches $3,414, and the 90th percentile hits $4,369. The median property tax bill in Peach Bottom stands at $2,631, slightly above the national median of $2,400.
These tax bills impact homeowners by influencing their overall housing costs, potentially affecting affordability. Ownwell assists homeowners in Peach Bottom by offering property tax appeal and exemption services. By analyzing property assessments, Ownwell helps identify discrepancies and opportunities for reductions, ensuring homeowners pay only their fair share. This service can lead to substantial savings, providing financial relief and peace of mind for property owners in the area.
Property Tax Bills Across Peach Bottom, Lancaster County, Pennsylvania
Source: Ownwell
$2,365
$4,201
$6,036
Median Peach Bottom Tax Bill
$2,631
Median Lancaster County Tax Bill
$3,883
Median Pennsylvania Tax Bill
$3,063
Median United States Tax Bill
$2,400
Property Tax Bills Across Peach Bottom, Lancaster County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17563 | $893 | $1,914 | $2,631 | $3,414 | $4,369 |
Source: Ownwell
