Richland, Lebanon County, Pennsylvania Property Taxes

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

Median Richland, PA effective property tax rate: 2.28%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Richland, PA home value: $158,315
Median annual Richland, PA tax bill: $3,572, $1,172 higher than the national median property tax bill of $2,400.

How are property taxes in Lebanon calculated?

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

Last Updated March 1, 2025

Richland, Lebanon County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.51%

Estimate Property Tax Bill

$3,965

$3,679

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

Property Tax Rates Across Richland, Lebanon County, Pennsylvania

Local government entities set tax rates, and these can vary significantly within a state due to the unique budgetary needs of each county. Each year, counties estimate the necessary budget to maintain public services and divide this by the total assessed value of all taxable properties in their jurisdiction. This process determines the property tax rate. Though the setting of tax rates and budgets involves votes and legislation, this annual calculation forms the core of the process. In Richland, located in Lebanon County, Pennsylvania, you can compare the effective property tax rate to other cities within the state and against the median property tax rates in Pennsylvania and the U.S. This comparison highlights how local taxation can differ greatly, even within a single state, based on the specific financial requirements and property values of each county. Understanding these differences is crucial for property owners seeking to manage their tax liabilities effectively.

Property Tax Rates Across Richland, Lebanon County, Pennsylvania

Source: Ownwell

2.14%

2.32%

2.51%

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 Richland Tax Rate

2.51%

Median Effective Lebanon County Tax Rate

2.39%

Median Effective Pennsylvania Tax Rate

2.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Richland, Lebanon County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
17087	2.20%	2.51%	2.51%	2.51%	2.51%

Source: Ownwell

Property Tax Assessment Values Across Richland, Lebanon County, Pennsylvania

When examining property taxes in Richland, 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 Lebanon 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. Assessment notices: In Lebanon County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Richland. For example, the median home price in Richland is $158,315, with tax bills ranging significantly across the county. 17087 has the highest median home price at $158,315.

Property Tax Assessment Values Across Richland, Lebanon County, Pennsylvania

Source: Ownwell

$81,519

$172,151

$262,782

Median Richland Market Value

$157,956

Median Lebanon County Market Value

$159,547

Median Pennsylvania Market Value

$118,310

Median United States Market Value

$235,294

Property Tax Assessment Values Across Richland, Lebanon County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
17087	$103,900	$135,394	$157,956	$190,913	$309,424

Source: Ownwell

Property Tax Bills Across Richland, Lebanon County, Pennsylvania

In Richland, property tax bills are calculated based on the assessed value of a home, determined by the Lebanon County Assessor's Office. The median home price is $158,315, and the assessed value is typically a percentage of this market value. The property tax rate is then applied to this assessed value to determine the tax bill. For homeowners in Richland, property tax bills can vary significantly, with the 25th percentile at $3,046 and the 75th percentile reaching $4,209. The highest median tax bill in the area is $3,572, which is above the national median of $2,400. These figures highlight the potential financial burden on homeowners, especially when compared to the national median property tax rate of 1.02%. Ownwell can assist homeowners by identifying potential savings through property tax appeals and exemptions. By thoroughly reviewing your property assessment and ensuring it's accurate, Ownwell can help you potentially lower your tax bill, providing financial relief and peace of mind.

Property Tax Bills Across Richland, Lebanon County, Pennsylvania

Source: Ownwell

$1,908

$4,002

$6,095

Median Richland Tax Bill

$3,929

Median Lebanon County Tax Bill

$3,866

Median Pennsylvania Tax Bill

$3,050

Median United States Tax Bill

$2,400

Property Tax Bills Across Richland, Lebanon County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
17087	$2,553	$3,379	$3,929	$4,632	$7,002

Source: Ownwell