Bowmansville, Lancaster County, Pennsylvania Property Taxes
Median Bowmansville, 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 Bowmansville, PA home value: $167,600
Median annual Bowmansville, PA tax bill: $2,791, $391 higher than the national median property tax bill of $2,400.
How are property taxes in Lancaster calculated?
Property taxes in Bowmansville, 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 Bowmansville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bowmansville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bowmansville, Lancaster County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.72%
Estimate Property Tax Bill
$2,883
$2,675
Property Tax Rates Across Bowmansville, Lancaster County, Pennsylvania
In Bowmansville, located in Lancaster County, PA, the property tax landscape is shaped by local government decisions. Each year, the county determines its budgetary needs to fund essential services and divides this amount by the total assessed value of all taxable property within its borders. This process establishes the property tax rate for the area. Although laws and voter decisions play a role in these determinations, the annual budget and tax rate setting process is fundamentally a calculation of required revenue versus property value.
Bowmansville's effective property tax rate can be compared to other cities across Pennsylvania, as well as the median rates within the state and nationally. With the national median property tax rate at 1.02%, Bowmansville's rate provides a perspective on how local rates align with broader trends. Understanding these comparisons can offer valuable insights into the local tax environment and assist property owners in making informed decisions about appealing or seeking exemptions on their property taxes.
Property Tax Rates Across Bowmansville, Lancaster County, Pennsylvania
Source: Ownwell
1.55%
2.64%
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 Bowmansville Tax Rate
1.72%
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 Bowmansville, Lancaster County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17507 | 1.72% | 1.72% | 1.72% | 1.72% | 1.72% |
Source: Ownwell
Property Tax Assessment Values Across Bowmansville, Lancaster County, Pennsylvania
When examining property taxes in Bowmansville, 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 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 Bowmansville.
For example, the median home price in Bowmansville is $167,600, with tax bills ranging significantly across the county. Zip code 17507 has the highest median home price at $167,600.
Property Tax Assessment Values Across Bowmansville, Lancaster County, Pennsylvania
Source: Ownwell
$121,100
$191,200
$261,300
Median Bowmansville Market Value
$167,600
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 Bowmansville, Lancaster County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17507 | $127,780 | $148,550 | $167,600 | $197,950 | $219,260 |
Source: Ownwell
Property Tax Bills Across Bowmansville, Lancaster County, Pennsylvania
Property Tax Bills Across Bowmansville, Lancaster County, Pennsylvania
Source: Ownwell
$2,562
$4,467
$6,372
Median Bowmansville Tax Bill
$2,884
Median Lancaster County Tax Bill
$4,074
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Bowmansville, Lancaster County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17507 | $2,199 | $2,556 | $2,884 | $3,407 | $3,773 |
Source: Ownwell