Hellertown, Pennsylvania Property Taxes
The median property tax rate in Hellertown, PA is 4.35%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Hellertown, the typical annual property tax bill reaches $4,731, exceeding the national median of $2,690. Property taxes in Hellertown 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 Hellertown'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 Hellertown 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
Hellertown, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.35%
Estimate Property Tax Bill
$5,020
Ownwell’s Hellertown Property Tax Bill Calculator is a valuable resource for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Hellertown. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Hellertown to provide an accurate estimate of your property tax bill. This user-friendly tool offers a clear understanding of potential tax liabilities, making it easier to plan your finances. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, determined by Northampton County, is crucial for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Hellertown, Pennsylvania
Property taxes in Hellertown, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hellertown is 4.35%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Hellertown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hellertown 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 Hellertown's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18055 zip code has the highest median property tax rate of 4.35%, while the same zip code also has the lowest median tax rate of 4.35%. Understanding how these cities compare with Hellertown 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 Hellertown Tax Rate
4.35%
Average Northampton County Tax Rate
3.95%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hellertown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18055 | 3.53% | 3.53% | 4.35% | 4.35% | 4.35% |
Source: Ownwell
Property Tax Assessment Values Across Hellertown, Pennsylvania
In Hellertown, 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 Hellertown, 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 Hellertown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Hellertown are both $4,731, found in zip code 18055.
Property Tax Assessment Values Across Hellertown, Pennsylvania
Source: Ownwell
$66,500
$208,650
$350,800
Average Hellertown Assessed Value
$115,400
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 Hellertown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18055 | $79,600 | $95,400 | $115,400 | $165,600 | $271,300 |
Source: Ownwell
Property Tax Bills Across Hellertown, Pennsylvania
In Hellertown, Northampton County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and is meant to reflect the market value of the property. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Hellertown, the median home price stands at $115,400. Property tax bills can vary significantly, with the 25th percentile bill at $4,026 and the 75th percentile bill at $6,157. At the higher end, the 90th percentile tax bill reaches $9,657. These figures highlight the range of property taxes homeowners might expect, influenced by factors such as property size, location, and improvements. Compared to the national median property tax rate of 0.99%, Hellertown's property taxes can be relatively high, impacting homeowners' annual expenses. Understanding these factors helps residents anticipate their financial obligations and plan accordingly.
Average Hellertown Tax Bill
$4,731
Average Northampton County Tax Bill
$4,642
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Hellertown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18055 | $3,339 | $4,026 | $4,731 | $6,157 | $9,657 |
Source: Ownwell