East Texas, Pennsylvania Property Taxes
The median property tax rate in East Texas, PA is 2.42%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in East Texas, the typical annual property tax bill reaches $336, which is significantly lower than the national median of $2,690. Property taxes in East Texas are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding East Texas'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 East Texas 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
East Texas, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.42%
Estimate Property Tax Bill
$336
Ownwell’s EAST TEXAS Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in EAST TEXAS with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in EAST TEXAS to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across East Texas, Pennsylvania
Property taxes in East Texas, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in East Texas is 2.42%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within East Texas set these rates annually, and they can vary significantly across different neighborhoods. Each year, East Texas 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 East Texas's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18046 zip code has the highest median property tax rate of 2.42%, while the same zip code also has the lowest median tax rate of 2.42%. Understanding how these cities compare with East Texas provides valuable insights into the varying tax landscape across Lehigh County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average East Texas Tax Rate
2.42%
Average Lehigh County Tax Rate
2.78%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across East Texas, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18046 | 2.42% | 2.42% | 2.42% | 2.42% | 2.42% |
Source: Ownwell
Property Tax Assessment Values Across East Texas, Pennsylvania
In East Texas, Pennsylvania, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 Lehigh 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 East Texas, 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 East Texas helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $336, notably in the 18046 zip code.
Property Tax Assessment Values Across East Texas, Pennsylvania
Source: Ownwell
$13,900
$148,250
$282,600
Average East Texas Assessed Value
$13,900
Average Lehigh County Assessed Value
$166,200
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across East Texas, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18046 | $13,900 | $13,900 | $13,900 | $13,900 | $13,900 |
Source: Ownwell
Property Tax Bills Across East Texas, Pennsylvania
In East Texas, PA, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this assessed value to determine the annual tax bill. Unlike some regions where market value dictates taxes, East Texas uses a standardized assessment method, ensuring consistency across properties. For instance, with a median home price of $13,900, homeowners can expect a tax bill around $336, which is significantly lower than the national median property tax rate of 0.99%. This consistency means that the tax bill remains the same across various percentiles, including the 25th, 75th, and 90th percentiles, all at $336. This relatively low and predictable tax burden can make homeownership more affordable and stable for residents in East Texas, PA. The uniformity in tax bills across different home values provides a clear advantage for homeowners, ensuring that property taxes remain manageable regardless of market fluctuations.
Average East Texas Tax Bill
$336
Average Lehigh County Tax Bill
$4,452
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across East Texas, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18046 | $336 | $336 | $336 | $336 | $336 |
Source: Ownwell