Moylan, Pennsylvania Property Taxes
The median property tax rate in Moylan, PA is 3.21%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With a median home value of $463,960 in Moylan, the typical annual property tax bill reaches $15,341, far exceeding the national median of $2,690. Property taxes in Moylan are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Moylan's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Moylan or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Moylan, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.21%
Estimate Property Tax Bill
$14,893
Ownwell’s Moylan Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Moylan with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Moylan to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities, making it easier to plan your finances. For those interested in seeing trends on a more localized level, additional neighborhood-specific information is available below. Your property’s assessed value is determined by Delaware County for property tax calculations, considering any applicable exemptions.
Property Tax Rates Across Moylan, Pennsylvania
Property taxes in Moylan, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Moylan is 3.21%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Moylan set these rates annually, and they can vary across different neighborhoods. Each year, Moylan estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Moylan's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the zip code 19065 has the highest median property tax rate of 3.21%, while the same zip code also has the lowest median tax rate of 3.21%. Understanding how these areas compare with Moylan provides valuable insights into the varying tax landscape across Delaware County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring regions.
Average Moylan Tax Rate
3.21%
Average Delaware County Tax Rate
2.80%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Moylan, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19065 | 3.21% | 3.21% | 3.21% | 3.37% | 3.43% |
Source: Ownwell
Property Tax Assessment Values Across Moylan, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Moylan, Pennsylvania. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Delaware County Assessment Office for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Moylan, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Moylan helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $15,341 in the zip code 19065, providing a clear picture of the local tax landscape.
Average Moylan Assessed Value
$463,960
Average Delaware County Assessed Value
$197,870
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Moylan, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19065 | $447,845 | $453,238 | $463,960 | $487,208 | $497,675 |
Source: Ownwell
Property Tax Bills Across Moylan, Pennsylvania
In Moylan, Pennsylvania, property tax bills are calculated based on the assessed value of a home, which is determined by the Delaware County assessor. The assessed value is a percentage of the property's market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. For instance, with the median home price in Moylan at $463,960, homeowners can expect varying tax bills. The 25th percentile tax bill is $15,013, while the 75th percentile tax bill reaches $15,766, and the 90th percentile tax bill is $15,980. These figures indicate that property taxes in Moylan can be significantly higher than the national median property tax rate of 0.99%. Homeowners in the 19065 zip code experience a median tax bill of $15,341, reflecting the local property tax dynamics. These tax bills impact homeowners by adding a considerable amount to the annual cost of owning a home, influencing decisions on purchasing and maintaining property in the area.
Average Moylan Tax Bill
$15,341
Average Delaware County Tax Bill
$5,691
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Moylan, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19065 | $14,898 | $15,013 | $15,341 | $15,766 | $15,980 |
Source: Ownwell