Bath, Pennsylvania Property Taxes
The median property tax rate in Bath, PA is 3.63%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Bath, the typical annual property tax bill reaches $4,387, exceeding the national median of $2,690. Property taxes in Bath 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 Bath'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 Bath or another part of Northampton County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bath, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.63%
Estimate Property Tax Bill
$4,225
Ownwell’s Bath Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bath with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bath 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 Bath, Pennsylvania
Property taxes in Bath, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bath is 3.63%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Bath set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bath 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 Bath's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18014 zip code has the highest median property tax rate of 3.63%, while the lowest median tax rate is also 3.63%. Understanding how these cities compare with Bath provides valuable insights into the varying tax landscape across Northampton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bath Tax Rate
3.63%
Average Northampton County Tax Rate
3.95%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bath, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18014 | 3.63% | 3.63% | 3.63% | 3.65% | 4.17% |
Source: Ownwell
Property Tax Assessment Values Across Bath, Pennsylvania
In Bath, 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 Northampton 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 Bath, 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 Bath helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 18014 has the highest median tax bill at $4,387.
Average Bath Assessed Value
$116,400
Average Northampton County Assessed Value
$115,200
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bath, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18014 | $23,400 | $70,000 | $116,400 | $153,600 | $199,200 |
Source: Ownwell
Property Tax Bills Across Bath, Pennsylvania
In Bath, Northampton County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the property's market value, determined by the local government. This value is then multiplied by the local tax rate to compute the annual tax bill. For instance, with a median home price of $116,400, homeowners can expect varying tax bills depending on their property's assessed value and the specific tax rate applied. Factors such as property size, location, and improvements can influence the assessed value, thus impacting the tax bill. In Bath, the tax bills range significantly, with the 25th percentile at $2,971, the 75th percentile at $5,701, and the 90th percentile reaching $7,566. This variability highlights how different properties can incur different tax obligations. Compared to the national median property tax rate of 0.99%, homeowners in Bath may find their tax bills higher or lower, affecting their overall financial planning and homeownership costs.
Average Bath Tax Bill
$4,387
Average Northampton County Tax Bill
$4,642
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Bath, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18014 | $978 | $2,971 | $4,387 | $5,701 | $7,566 |
Source: Ownwell