Bausman, Lancaster County, Pennsylvania Property Taxes
Median Bausman, PA effective property tax rate: 2.65%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Bausman, PA home value: $125,300
Median annual Bausman, PA tax bill: $3,340, $940 higher than the national median property tax bill of $2,400.
How are property taxes in Lancaster calculated?
Property taxes in Bausman, 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 Bausman’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bausman, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bausman, Lancaster County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.88%
Estimate Property Tax Bill
$3,735
$3,466
Property Tax Rates Across Bausman, Lancaster County, Pennsylvania
Local government entities are responsible for setting tax rates, which can significantly vary within a state. This variation arises because each county, like Lancaster, annually estimates the budget needed to provide services. This budget is then divided by the total value of all taxable property in the area, resulting in the property tax rate. Although votes and laws play a role in determining these rates and budgets, this calculation is the core of the annual process.
In Bausman, located in Lancaster County, Pennsylvania, the effective property tax rate is 2.65%, which is significantly higher than the national median property tax rate of 1.02%. This rate reflects the county's approach to balancing its budgetary needs with the total assessed value of properties. Although Bausman's tax rate is on the higher end compared to other cities in Pennsylvania, it is essential for maintaining the quality of local services. Comparing Bausman's rate to the national and state medians offers valuable insights for homeowners. Understanding these differences can help property owners make informed decisions about appealing their property taxes or seeking exemptions.
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 Bausman Tax Rate
2.88%
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
2.21%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bausman, Lancaster County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17504 | 2.88% | 2.88% | 2.88% | 2.88% | 2.88% |
Source: Ownwell
Property Tax Assessment Values Across Bausman, Lancaster County, Pennsylvania
When examining property taxes in Bausman, 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 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 Lancaster 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 Bausman. For example, the median home price in Bausman is $125,300, with tax bills ranging significantly across the county. Zip code 17504 has the highest median home price at $125,300.
Property Tax Assessment Values Across Bausman, Lancaster County, Pennsylvania
Source: Ownwell
$121,100
$191,200
$261,300
Median Bausman Market Value
$129,700
Median Lancaster County Market Value
$177,600
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bausman, Lancaster County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17504 | $104,820 | $113,700 | $129,700 | $137,750 | $155,640 |
Source: Ownwell
Property Tax Bills Across Bausman, Lancaster County, Pennsylvania
Median Bausman Tax Bill
$3,740
Median Lancaster County Tax Bill
$4,074
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Bausman, Lancaster County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17504 | $3,124 | $3,347 | $3,740 | $3,973 | $4,489 |
Source: Ownwell