Terre Hill, Lancaster County, Pennsylvania Property Taxes

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

Median TERRE HILL, PA effective property tax rate: 2.00%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%. Median TERRE HILL, PA home value: $173,500. Median annual TERRE HILL, PA tax bill: $3,472, $1,072 higher than the national median property tax bill of $2,400.

How are property taxes in Lancaster calculated?

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

Last Updated March 1, 2025

Terre Hill, Lancaster County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.05%

Estimate Property Tax Bill

$3,553

$3,297

Ownwell’s Terre Hill Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Terre Hill with just two data points. By entering your property's estimated assessed value, our calculator applies Terre Hill’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Lancaster 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. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Terre Hill, Lancaster County, Pennsylvania

Local government entities determine tax rates, which can differ significantly within a state. Every year, each county calculates its necessary budget to provide essential services and divides it by the total value of all taxable property within its area. This process determines the property tax rate. Although votes and laws are involved in setting these rates and budgets, this is the core of the annual procedure.

In Terre Hill, located in Lancaster County, the effective property tax rate is notably higher than the national median property tax rate of 1.02%. This reflects the specific budgetary needs and property values in the area. Comparing Terre Hill’s rate to other cities in Pennsylvania and the national median provides valuable insight into regional tax trends. While the national median property tax bill is $2,400, local variations can be substantial. Understanding these differences is crucial for property owners aiming to manage their tax liabilities effectively. By staying informed about local tax rates and regulations, property owners can make more strategic decisions to potentially reduce their property tax burdens.

Property Tax Rates Across Terre Hill, 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 Terre Hill Tax Rate

2.05%

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 Terre Hill, Lancaster County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
17581	1.79%	2.05%	2.05%	2.05%	2.05%

Source: Ownwell

Property Tax Assessment Values Across Terre Hill, Lancaster County, Pennsylvania

When examining property taxes in Terre Hill, 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 Terre Hill.

For example, the median home price in Terre Hill is $173,500, with tax bills ranging significantly across the county. Zip code 17581 has the highest median home price at $173,500.

Property Tax Assessment Values Across Terre Hill, Lancaster County, Pennsylvania

Source: Ownwell

$121,100

$191,200

$261,300

Median Terre Hill Market Value

$173,300

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 Terre Hill, Lancaster County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
17581	$123,740	$149,050	$173,300	$211,700	$268,420

Source: Ownwell

Property Tax Bills Across Terre Hill, Lancaster County, Pennsylvania

In Terre Hill, located in Lancaster County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The median home price in this area is $173,500. The tax rate is applied to this assessed value to determine the annual tax bill. Homeowners in Terre Hill face a median property tax bill of $3,472, which is significantly higher than the national median property tax bill of $2,400. Factors such as property size, location, and improvements can influence the assessed value, impacting the overall tax bill. For homeowners, this can mean a considerable financial burden, especially when compared to the national median property tax rate of 1.02%. Ownwell offers a solution by providing property tax appeal and exemption services, helping homeowners potentially lower their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can assist in reducing the financial strain on homeowners, ensuring they pay only their fair share.

Property Tax Bills Across Terre Hill, Lancaster County, Pennsylvania

Source: Ownwell

$2,562

$4,467

$6,372

Median Terre Hill Tax Bill

$3,537

Median Lancaster County Tax Bill

$4,074

Median Pennsylvania Tax Bill

$3,050

Median United States Tax Bill

$2,400

Property Tax Bills Across Terre Hill, Lancaster County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
17581	$2,514	$3,016	$3,537	$4,324	$5,279

Source: Ownwell