Fogelsville, Pennsylvania Property Taxes
The median property tax rate in Fogelsville, PA is 2.03%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Fogelsville at $249,750, the typical annual property tax bill reaches $5,382, exceeding the national median of $2,690. Property taxes in Fogelsville 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 Fogelsville'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 Fogelsville 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
Fogelsville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.03%
Estimate Property Tax Bill
$5,070
Ownwell’s Fogelsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fogelsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fogelsville 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 Fogelsville, Pennsylvania
Property taxes in Fogelsville, Pennsylvania, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fogelsville is 1.71%, significantly higher than the U.S. national median of 0.99%. Local government entities within Fogelsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fogelsville 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. Understanding how these rates are determined helps homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fogelsville Tax Rate
2.03%
Average Lehigh County Tax Rate
2.78%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fogelsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18051 | 2.03% | 2.03% | 2.03% | 2.31% | 2.31% |
Source: Ownwell
Property Tax Assessment Values Across Fogelsville, Pennsylvania
In Fogelsville, 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 Fogelsville, 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 Fogelsville 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 recorded at $5,382 in the 18051 zip code.
Property Tax Assessment Values Across Fogelsville, Pennsylvania
Source: Ownwell
$13,900
$148,250
$282,600
Average Fogelsville Assessed Value
$249,750
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 Fogelsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18051 | $124,780 | $179,525 | $249,750 | $315,000 | $410,010 |
Source: Ownwell
Property Tax Bills Across Fogelsville, Pennsylvania
In Fogelsville, located in Lehigh County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. The median home price in Fogelsville is $249,750, which provides a baseline for understanding property tax obligations. Several factors influence the final tax bill, including the property's location, size, and any improvements made. For homeowners in Fogelsville, tax bills can vary significantly. At the 25th percentile, the tax bill is around $3,736, while at the 75th percentile, it rises to approximately $6,913. The tax bill for the 90th percentile reaches up to $8,594, reflecting higher-valued properties or those with significant improvements. These property taxes play a crucial role in funding local services such as schools, infrastructure, and emergency services, directly impacting homeowners by contributing to community development and quality of life.
Average Fogelsville Tax Bill
$5,382
Average Lehigh County Tax Bill
$4,452
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Fogelsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18051 | $2,559 | $3,736 | $5,382 | $6,913 | $8,594 |
Source: Ownwell