Orefield, Pennsylvania Property Taxes
In Orefield, PA, the median property tax rate is 2.03%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Orefield, the typical annual property tax bill reaches $5,471, far exceeding the national median of $2,690. Property taxes in Orefield are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Orefield'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 Orefield or another part of Lehigh County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Orefield, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.03%
Estimate Property Tax Bill
$5,166
Ownwell’s Orefield Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Orefield with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Orefield 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 Orefield, Pennsylvania
Property taxes in Orefield, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Orefield is 2.03%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Orefield set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orefield 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 Orefield's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18069 zip code has the highest median property tax rate of 2.03%, while the same zip code also has the lowest median tax rate of 2.03%. Understanding how these cities compare with Orefield 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 Orefield 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 Orefield, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18069 | 2.03% | 2.03% | 2.03% | 2.30% | 2.32% |
Source: Ownwell
Property Tax Assessment Values Across Orefield, Pennsylvania
In Orefield, 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 Orefield, 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 Orefield helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price here is $254,500, with tax bills ranging from $3,771 at the 25th percentile to $8,201 at the 90th percentile. The zip code 18069 has both the highest and lowest median tax bill at $5,471.
Average Orefield Assessed Value
$254,500
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 Orefield, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18069 | $56,900 | $171,675 | $254,500 | $326,625 | $404,200 |
Source: Ownwell
Property Tax Bills Across Orefield, Pennsylvania
In Orefield, located in Lehigh County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Orefield stands at $254,500. To determine the tax bill, the assessed value is multiplied by the local tax rate, which is influenced by various factors including school district funding, municipal services, and county requirements. Homeowners in Orefield can expect a wide range of tax bills. For instance, those in the 25th percentile pay around $3,771, while those in the 75th percentile see bills closer to $6,791. The 90th percentile tax bill can reach up to $8,201. The highest and lowest median tax bills in the area are both $5,471, corresponding to the zip code 18069. Compared to the national median property tax rate of 0.99%, Orefield's rates can be higher, impacting homeowners significantly. These taxes fund essential services such as education, public safety, and infrastructure, directly affecting the community's quality of life.
Average Orefield Tax Bill
$5,471
Average Lehigh County Tax Bill
$4,452
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Orefield, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18069 | $1,155 | $3,771 | $5,471 | $6,791 | $8,201 |
Source: Ownwell