Macungie, Pennsylvania Property Taxes
The median property tax rate in Macungie, 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 Macungie, the typical annual property tax bill reaches $5,347, exceeding the national median of $2,690. Property taxes in Macungie 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 Macungie'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 Macungie 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
Macungie, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.42%
Estimate Property Tax Bill
$5,309
Ownwell’s Macungie Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Macungie with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Macungie 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 Macungie, Pennsylvania
Property taxes in Macungie, PA, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Macungie is 2.42%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Macungie set these rates annually, and they can vary across different neighborhoods. Each year, Macungie 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 Macungie's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 18062 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 Macungie 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 Macungie 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 Macungie, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18062 | 2.42% | 2.42% | 2.42% | 2.42% | 2.77% |
Source: Ownwell
Property Tax Assessment Values Across Macungie, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Macungie, PA. The market value represents 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 Macungie, 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 Macungie helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 18062, with a median tax bill of $5,347.
Average Macungie Assessed Value
$219,400
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 Macungie, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18062 | $131,000 | $172,200 | $219,400 | $281,300 | $341,840 |
Source: Ownwell
Property Tax Bills Across Macungie, Pennsylvania
Property tax bills in Macungie, located in Lehigh County, PA, are determined based on the assessed value of a property and the local tax rate. The median home price in Macungie is $219,400. Property taxes are calculated by multiplying the assessed value of the home by the local tax rate. Homeowners in Macungie experience a range of tax bills; for example, the tax bill at the 25th percentile is $4,297, while at the 75th percentile, it is $6,814, and at the 90th percentile, it reaches $8,225. Factors such as property size, location, and improvements can influence the assessed value, which in turn affects the tax bill. The highest median tax bill in the area is $5,347, which is significantly higher than the national median property tax rate of 0.99%. This tax burden can impact homeowners by influencing their monthly mortgage payments and overall housing affordability. Understanding these factors is crucial for homeowners to anticipate their financial obligations accurately.
Average Macungie Tax Bill
$5,347
Average Lehigh County Tax Bill
$4,452
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Macungie, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18062 | $3,363 | $4,297 | $5,347 | $6,814 | $8,225 |
Source: Ownwell