Catasauqua, Pennsylvania Property Taxes
The median property tax rate in Catasauqua, PA is 3.99%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Catasauqua at $95,200, the typical annual property tax bill reaches $3,788, exceeding the national median of $2,690. Property taxes in Catasauqua 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 Catasauqua'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 Catasauqua 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
Catasauqua, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.99%
Estimate Property Tax Bill
$3,798
Ownwell’s Catasauqua Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Catasauqua with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Catasauqua 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 Catasauqua, Pennsylvania
Property taxes in Catasauqua, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Catasauqua is 1.76%, significantly higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Catasauqua set these rates annually, and they can vary significantly across different neighborhoods. Each year, Catasauqua 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 Catasauqua's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18032 zip code has the highest median property tax rate of 3.99%, while the same 18032 zip code has the lowest median tax rate of 3.99%. Understanding how these areas compare with Catasauqua 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 Catasauqua Tax Rate
3.99%
Average Northampton County Tax Rate
3.95%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Catasauqua, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18032 | 3.99% | 3.99% | 3.99% | 3.99% | 3.99% |
Source: Ownwell
Property Tax Assessment Values Across Catasauqua, Pennsylvania
In Catasauqua, 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 Catasauqua, 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. The median home price in Catasauqua is $95,200, with tax bills ranging from $3,023 at the 25th percentile to $6,165 at the 90th percentile. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Catasauqua, Pennsylvania
Source: Ownwell
$66,500
$208,650
$350,800
Average Catasauqua Assessed Value
$95,200
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 Catasauqua, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18032 | $62,280 | $75,800 | $95,200 | $119,000 | $155,440 |
Source: Ownwell
Property Tax Bills Across Catasauqua, Pennsylvania
In Catasauqua, located in Northampton County, PA, property tax bills are calculated based on the assessed value of a home rather than its market value. The assessed value is determined by the county's tax assessor and is used as the basis for calculating the property tax owed. Several factors influence the assessed value, including the size of the property, its location, and any improvements or renovations. Homeowners in Catasauqua face varying property tax bills, with the 25th percentile at $3,023 and the 75th percentile at $4,746. For those in the 90th percentile, the tax bill can be as high as $6,165. These figures are significantly higher than the national median property tax rate of 0.99%, reflecting the local tax rates and property values. High property tax bills can impact homeowners by increasing the overall cost of owning a home, potentially making it more challenging to afford other expenses. However, these taxes fund essential community services such as schools, public safety, and infrastructure, contributing to the quality of life in the area.
Average Catasauqua Tax Bill
$3,788
Average Northampton County Tax Bill
$4,642
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Catasauqua, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18032 | $2,480 | $3,023 | $3,788 | $4,746 | $6,165 |
Source: Ownwell