Swedeland, Pennsylvania Property Taxes
The median property tax rate in Swedeland, PA is 2.97%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Swedeland at $108,130, the typical annual property tax bill reaches $3,214, exceeding the national median of $2,690. Property taxes in Swedeland 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 Swedeland'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 Swedeland or another part of Montgomery County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Swedeland, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.97%
Estimate Property Tax Bill
$3,211
Ownwell’s Swedeland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Swedeland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Swedeland 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 Swedeland, Pennsylvania
Property taxes in Swedeland, Pennsylvania, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Swedeland is 2.97%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Swedeland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Swedeland 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 Swedeland's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 19479 zip code has the highest median property tax rate of 2.97%, while the 19479 zip code also has the lowest median tax rate of 2.97%. Understanding how these cities compare with Swedeland provides valuable insights into the varying tax landscape across Montgomery County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Swedeland Tax Rate
2.97%
Average Montgomery County Tax Rate
3.94%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Swedeland, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19479 | 2.97% | 2.97% | 2.97% | 2.97% | 2.97% |
Source: Ownwell
Property Tax Assessment Values Across Swedeland, Pennsylvania
In Swedeland, 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 Montgomery 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 Swedeland, 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 Swedeland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Swedeland is $3,214, found in zip code 19479, which is also the lowest median tax bill in the area.
Average Swedeland Assessed Value
$108,130
Average Montgomery County Assessed Value
$143,105
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Swedeland, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19479 | $108,130 | $108,130 | $108,130 | $108,130 | $108,130 |
Source: Ownwell
Property Tax Bills Across Swedeland, Pennsylvania
In Swedeland, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. In Montgomery County, the median property tax rate is notably higher than the national median of 0.99%, resulting in substantial tax bills for homeowners. Several factors influence the assessed value, including the property's location, size, and overall condition. In Swedeland, the median home price is $108,130, and the median property tax bill stands at $3,214. This amount is consistent across various percentiles, indicating a uniform tax rate application within the area. For homeowners in Swedeland, these property taxes fund essential local services such as schools, infrastructure, and emergency services. The relatively high tax rate can significantly impact homeowners' budgets, making it crucial for them to understand how these taxes are calculated and what steps they can take to potentially lower their tax bills through appeals or exemptions.
Average Swedeland Tax Bill
$3,214
Average Montgomery County Tax Bill
$5,764
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Swedeland, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19479 | $3,214 | $3,214 | $3,214 | $3,214 | $3,214 |
Source: Ownwell