Drumore, Lancaster County, Pennsylvania Property Taxes

Name: Property Tax Bills Across Drumore, Lancaster County, Pennsylvania
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Drumore, PA effective property tax rate: 1.51%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Drumore, PA home value: $180,200
Median annual Drumore, PA tax bill: $2,698, $298 higher than the national median property tax bill of $2,400.

How are property taxes in Lancaster calculated?

Property taxes in Drumore, 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 Drumore’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Drumore, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Drumore, Lancaster County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.61%

Estimate Property Tax Bill

$2,920

$2,709

Ownwell’s Drumore Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Drumore with just two data points. By entering your property's estimated assessed value, our calculator applies Drumore’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 County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Drumore, Lancaster County, Pennsylvania

Local government entities set tax rates, which can vary widely within a state. 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.

Drumore in Lancaster County, PA, presents a unique tax landscape. Drumore's effective property tax rate is consistent at 1.51%, which is notably above the national median of 1.02%. This consistency is reflected throughout Lancaster County, with the highest and lowest median tax rates both at 1.51%. In comparison, the national median property tax bill is $2,400, underscoring the variance in property tax obligations across different regions. Understanding these differences is crucial for property owners in Drumore, as it directly influences their financial planning and property investment decisions. By leveraging professional property tax consulting services, residents can better navigate these complexities and potentially reduce their tax burden.

Property Tax Rates Across Drumore, 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 Drumore Tax Rate

1.61%

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 Drumore, Lancaster County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
17518	1.61%	1.61%	1.61%	1.61%	1.61%

Source: Ownwell

Property Tax Assessment Values Across Drumore, Lancaster County, Pennsylvania

When examining property taxes in Drumore, Pennsylvania, 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 Drumore. For example, the median home price in Drumore is $180,200, with tax bills ranging significantly across the county. 17518 has the highest median home price at $180,200.

Property Tax Assessment Values Across Drumore, Lancaster County, Pennsylvania

Source: Ownwell

$121,100

$191,200

$261,300

Median Drumore Market Value

$181,350

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 Drumore, Lancaster County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
17518	$46,770	$142,425	$181,350	$243,025	$319,810

Source: Ownwell

Property Tax Bills Across Drumore, Lancaster County, Pennsylvania

In Drumore, located in Lancaster County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local assessor's office and is a percentage of the home's market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $180,200, homeowners in Drumore experience a range of tax bills, with the 25th percentile at $2,141 and the 75th percentile at $3,650. The national median property tax bill is $2,400, highlighting Drumore's relatively higher tax burden. This can significantly impact homeowners, particularly those on fixed incomes or with limited financial flexibility. Ownwell offers a valuable service by assisting homeowners in appealing their property tax assessments, potentially lowering their tax bills. By analyzing assessment data and providing expert guidance, Ownwell can help homeowners ensure they are not overpaying, thus offering potential savings and financial relief.

Property Tax Bills Across Drumore, Lancaster County, Pennsylvania

Source: Ownwell

$2,562

$4,467

$6,372

Median Drumore Tax Bill

$2,899

Median Lancaster County Tax Bill

$4,074

Median Pennsylvania Tax Bill

$3,050

Median United States Tax Bill

$2,400

Property Tax Bills Across Drumore, Lancaster County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
17518	$752	$2,273	$2,899	$3,916	$5,144

Source: Ownwell