York County Pennsylvania Property Tax Question

4 Replies

Hey BP,

I'm an out of state investor who has an opportunity to buy a single family home in New Cumberland off market. The current taxes are $2,929 with a homestead exemption. How much more will my taxes be as a non occupying owner? Our plan is to purchase the property and rent it out for a few years until we are able to move to the area. I'm thinking we can make it work as long as the property don't kill us. Here in the Charleston SC area non occupying owners pay 3x as much for property taxes as opposed to primary residents. 

Thanks in advance!

Brad, I own properties in that market. I don't believe the taxes are any higher just because its under homestead.  $3K for taxes is pretty average price for an average sized home. If you want to discuss; let me know. kevin

@Kevin Felmlee

Hey Kevin, from what I'm reading online it seems like PA primary residence owners get a small tax break. I read that they get a reduction on the total assessment of their property by 1/2 the median homestead in the area. This can range from about a $300-$500 break.

So based on what you're saying best case scenario the taxes stay the same and from what I'm reading the worst case is they're only $500 more.

the Homestead Exemption varies by municipality. btw New Cumberland Borough is in Cumberland county, but mailing address for some people in Fairview Township is New Cumberland PO.  The homestead exemption can be as low as $100, aand I haven't seen one as high as $500.

Originally posted by @David Krulac :

the Homestead Exemption varies by municipality. btw New Cumberland Borough is in Cumberland county, but mailing address for some people in Fairview Township is New Cumberland PO.  The homestead exemption can be as low as $100, aand I haven't seen one as high as $500.

Good to know, that will really help with crunching numbers knowing that property taxes won't increase much at all. This property is definitely York County. 

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