Catasauqua, Pennsylvania Property Taxes
The median property tax rate in Catasauqua, PA is 3.97%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Catasauqua at $125,100, the typical annual property tax bill reaches $4,961, far 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
3.97%
Estimate Property Tax Bill
$4,966
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, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Catasauqua is 3.97%, significantly higher than both the Pennsylvania state median 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 3.97%, while the lowest median tax rate is also 3.97% in the same zip code. Understanding how these cities compare with Catasauqua 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 Catasauqua Tax Rate
3.97%
Average Lehigh County Tax Rate
2.78%
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 | 3.97% | 3.97% | 3.97% | 3.97% | 3.97% |
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 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 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. The median home price in this area is $125,100, with tax bills ranging from $4,176 at the 25th percentile to $8,046 at the 90th percentile. 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 Catasauqua 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
$13,900
$148,250
$282,600
Average Catasauqua Assessed Value
$125,100
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 Catasauqua, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18032 | $81,960 | $105,500 | $125,100 | $159,150 | $203,440 |
Source: Ownwell
Property Tax Bills Across Catasauqua, Pennsylvania
In Catasauqua, located in Lehigh County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The local tax rate is applied to the assessed value to determine the annual tax bill. For example, with a median home price of $125,100, homeowners can expect different tax bills depending on where their property falls within the assessed value spectrum. At the 25th percentile, the tax bill is around $4,176, while at the 75th percentile, it rises to approximately $6,301. Those at the 90th percentile may see tax bills as high as $8,046. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. Compared to the national median property tax rate of 0.99%, Catasauqua's rates can be significantly higher, impacting homeowners' annual budgets. Understanding these factors helps residents anticipate their property tax obligations and plan their finances accordingly.
Average Catasauqua Tax Bill
$4,961
Average Lehigh County Tax Bill
$4,452
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 | $3,228 | $4,176 | $4,961 | $6,301 | $8,046 |
Source: Ownwell