How to Calculate Property Tax
The amount of property taxes that you pay is calculated by multiplying the assessed value of your property, determined by the Lancaster County Assessment Office, by the millage rate set by the school district.
In practice, a millage rate of 1 (one) mill means that you pay $1.00 (one dollar) in taxes for every $1,000.00 (one thousand dollars) of assessed value. For instance, if your home has a new assessed value of $100,000 and the school district has set a new millage rate of 50 mills, your property tax bill would be $5,000.
To calculate your tax bill: First, convert the millage rate to its decimal equivalent to make the multiplication easier. [50 mills X .001 = .05 ] Then, multiply your new assessed value ($100,000) by the decimal equivalent of the millage rate (.05) to determine your tax bill. [$100,000 X .05 = $5,000]
The 2021-22 school district property tax millage is 26.46. Using the information noted above, the tax amount due is calculated as follows:
Assessed value x .02646 = tax amount due
Information about the Pennsylvania Property Tax Rebate Program
If you believe you are eligible for the Pennsylvania Property Tax Rebate, use booklet PA-1000 to apply for the rebate. The deadline to apply for the 2021 tax year state program is June 30, 2022. Rebate checks are mailed starting July 1 of each year. Property Tax/Rent Rebate claim forms are available online at http://www.revenue.state.pa.us or by calling the department’s information line at 1-888-728-2937.
Individuals who may claim the rebate must fall into one of the following categories:
65 years of age or older
Widow or widower age 50 or older
Age 18 or more and permanently disabled
The claimant’s annual household income cannot exceed $35,000. Legislation in the late 1990’s broadened the rebate program by excluding 50% of Social Security payments and Railroad Retirement benefit payments from the eligible income.
Pennsylvania Property Tax Rebate forms and assistance are available at the Department of Revenue district offices (listed in the government section of your telephone directory), Lancaster County Office of Aging (717-299-7979), senior centers, and state legislators’ offices.