Radnor, PA
Home MenuTownship Real Estate Tax Millage Rates
One mill of real estate tax is equal to one dollar for each $1,000 of a property's assessed value. The 2024 millage rate is 2.4365 mills for Township real estate taxes.
Historical Millage Rates
Year | Rate | Millage Δ | %Δ |
---|---|---|---|
2011 | 3.6411 | 0.0300 | 9.0% |
2012 | 3.7511 | 0.1100 | 3.0% |
2013 | 3 .7511 | 0.000 | 0.0% |
2014 | 3 .7511 | 0.000 | 0.0% |
2015 | 3 .7511 | 0.000 | 0.0% |
2016 | 3.92281 | 0.1717 | 4.6% |
2017 | 3.9228 | 0.000 | 0.0% |
2018 | 3.9228 | 0.000 | 0.0% |
2019 | 4.1582 | 0.2354 | 6.0% |
2020 | 4.4082 | 0.2500 | 6.0% |
2021 | 2.2837 | -2.1245 | -48.19%2 |
2022 | 2.2837 |
0.000 | 0.0% |
2023 |
2.3865 |
0.1028 | 4.5% |
2024 | 2.4365 | 0.0500 | 2.0% |
1 2016 Increase includes 0.520 for Library Improvement Bonds, 0.0895 for Park Improvement Bonds, and 0.0302 for Trail Improvement Bonds.
2 The millage decrease reflects a revenue neutral millage adjustment based on updated property assessment values as of 1/1/2021.
Calculating Your Taxes
To figure the real estate tax owed for a given year, multiply a property's assessed value by the millage rate (expressed as mills x 0.001). For example, in 2024, the owner of a property assessed at $1,000 would owe Radnor Township $2.44 (1,000 x 0.0024365).
The average 2021 assessment and average tax bill of Radnor Township residential properties is:
- Average Residential Property: $667,000
- Average Real Estate Tax Bill: $20,576
- Average Township Portion: $1,523.23
Quick Facts
- 2024 millage rate is 2.4365 mills for Radnor Township real estate taxes, more commonly expressed as $2.4365 per thousand dollars of a property's assessed value
- 2024 millage rate for Delaware County is 3.149 mills ($3.149 per per thousand dollars of a property's assessed value).
Please see Delaware County's website for additional information on their tax rate - 2023-2024 millage rate for the Radnor Township School District is 14.6329 mills ($14.6329 per thousand dollars of a property's assessed value). Please see the Radnor Township School District's website for additional information on their tax rate.