Wayne, Delaware County, Pennsylvania Property Taxes
Median Wayne, PA effective property tax rate: 1.94%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Wayne, PA home value: $557,050
Median annual Wayne, PA tax bill: $10,777, $8,377 higher than the national median property tax bill of $2,400.
How are property taxes in Delaware calculated?
Property taxes in Wayne, 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 Wayne’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wayne, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wayne, Delaware County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.02%
Estimate Property Tax Bill
$11,385
$10,565
Property Tax Rates Across Wayne, Delaware County, Pennsylvania
Local government entities are responsible for setting 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.
Wayne in Delaware County, PA, has an effective property tax rate that stands out when compared to other cities in Pennsylvania. The median property tax rate in Wayne is significantly higher than the national median of 1.02%. This can lead to a noticeable difference in property tax bills for homeowners. While Wayne's rate matches the highest in the county, it is important to consider the quality of services and amenities provided by the local government. Comparing Wayne's tax rate to the median rates in Pennsylvania and the U.S. can provide valuable insights for current and prospective homeowners.
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 Wayne Tax Rate
2.02%
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 Delaware County Tax Rate
2.81%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Wayne, Delaware County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19087 | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% |
Source: Ownwell
Property Tax Assessment Values Across Wayne, Delaware County, Pennsylvania
When examining property taxes in Wayne, 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 Delaware 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 Delaware County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Wayne.
For example, the median home price in Wayne is $557,050, with tax bills ranging significantly across the county. Zip code 19087 has the highest median home price at $557,050.
Property Tax Assessment Values Across Wayne, Delaware County, Pennsylvania
Source: Ownwell
$40,360
$715,680
$1,391,000
Median Wayne Market Value
$563,610
Median Delaware County Market Value
$198,010
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Wayne, Delaware County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19087 | $213,440 | $381,615 | $563,610 | $841,105 | $1,171,240 |
Source: Ownwell
Property Tax Bills Across Wayne, Delaware County, Pennsylvania
In Wayne, located in Delaware County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $557,050, homeowners face property tax bills that can vary widely. The tax bill for the 25th percentile is $7,365, while it rises significantly to $16,106 at the 75th percentile, and peaks at $22,531 for the 90th percentile. The median property tax bill in Wayne stands at $10,777, considerably higher than the national median of $2,400, reflecting the area's higher property values and tax rates.
For homeowners, these tax bills can represent a significant financial burden. However, Ownwell offers a solution by providing property tax appeal and exemption services. By leveraging expertise in local tax regulations and assessment practices, Ownwell helps homeowners potentially reduce their property tax burdens. This can lead to substantial savings, offering financial relief and ensuring homeowners only pay their fair share. Through personalized consultation and expert guidance, Ownwell empowers homeowners to navigate the complexities of property tax assessments effectively.
Median Wayne Tax Bill
$11,412
Median Delaware County Tax Bill
$5,963
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Wayne, Delaware County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19087 | $4,315 | $7,720 | $11,412 | $17,010 | $23,684 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Delaware Tax Assessor | |
| Website | delcorealestate.co.delaware.pa.us |