February 13, 2013

Chester County Increases Real Estate Tax


Chester County commissioners voted to increase real estate taxes at a December meeting. This is the first time in four years that the county has faced a rise in real estate taxes.

This increased tax will help fund an overhaul of the county’s emergency system. In 2013, residents will see a 5 percent rise. According to a county news release, this means an extra $32.86 for a home with the median assessed value of $165,760.

While officials were hoping not to increase taxes for property owners, but the county would have otherwise been forced to cut local services to cover increased pension and health-benefit costs.

Chester County still has one of the lowest tax rates in the region. Departments across the county are being asked to cut their budgets by 3 percent.

For more information on real estate tax assessment appeal, visit our website and talk to a specialist today.