Laureldale, Berks County, Pennsylvania Property Taxes

Local government entities set tax rates, which can vary widely within a state. This variation occurs because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Laureldale’s effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S.

Laureldale, located in Berks County, stands out with a median property tax rate of 4.52%, significantly higher than the national median of 1.02%. This rate is also the highest in the county. With the national median property tax bill at $2,400, residents in Laureldale may find their property tax bills considerably more substantial. This comparison highlights the importance of understanding local tax rates and their impact on property owners.

In Laureldale, Berks County, PA, property tax bills are calculated based on the assessed value of a home. This value is determined by local assessors who evaluate the property's market value. The property tax rate is then applied to this assessed value to determine the tax bill. With a median home price of $65,400, homeowners in Laureldale often face tax bills that can be significant compared to the national median property tax bill of $2,400. For instance, the 25th percentile tax bill in Laureldale is $2,501, which is already above the national median. This can be a substantial burden for homeowners, as tax bills can rise significantly, reaching up to $4,415 at the 90th percentile.

Ownwell assists homeowners by identifying potential errors in property assessments and exploring eligibility for exemptions, potentially lowering their tax bills. With expert guidance, homeowners can navigate the complexities of property tax appeals, ensuring they are not overpaying and can allocate their resources more effectively.