Kempton, Pennsylvania Property Taxes
The median property tax rate in Kempton, PA is 2.23%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Kempton at $222,800, the typical annual property tax bill reaches $4,548, exceeding the national median of $2,690. Property taxes in Kempton 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 Kempton'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 Kempton 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
Kempton, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.23%
Estimate Property Tax Bill
$4,968
Ownwell’s Kempton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Kempton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kempton 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 Kempton, Pennsylvania
Property taxes in Kempton, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kempton is 2.23%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Kempton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kempton 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 Kempton's effective property tax rate to other regions in Pennsylvania and the national median. For comparison, the zip code 19529 has both the highest and the lowest median property tax rate of 2.23%. Understanding how these cities compare with Kempton 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 Kempton Tax Rate
2.23%
Average Lehigh County Tax Rate
2.78%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kempton, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19529 | 1.01% | 2.23% | 2.23% | 2.23% | 2.31% |
Source: Ownwell
Property Tax Assessment Values Across Kempton, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Kempton, Pennsylvania. 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 Kempton, 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 highest median tax bill in the area is $4,548, found in zip code 19529, and it also has the lowest median tax bill of $4,548. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Kempton Assessed Value
$222,800
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 Kempton, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19529 | $125,440 | $170,000 | $222,800 | $296,200 | $445,160 |
Source: Ownwell
Property Tax Bills Across Kempton, Pennsylvania
In Kempton, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value, and this percentage can vary. Homeowners in Kempton, located in Lehigh County, PA, face property tax bills that reflect this assessed value. For instance, the median home price in Kempton is $222,800. The property tax rate in Kempton is higher than the national median property tax rate of 0.99%. Tax bills can vary significantly; the 25th percentile tax bill is $3,491, while the 75th percentile tax bill is $5,706. The tax bill for the 90th percentile reaches up to $6,892. This means that homeowners in Kempton could be paying substantially more than the national average, impacting their overall cost of living. The highest and lowest median tax bills in the area are both $4,548, indicating a consistent tax rate within the zip code 19529. This consistency can help homeowners predict their annual expenses more reliably.
Average Kempton Tax Bill
$4,548
Average Lehigh County Tax Bill
$4,452
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Kempton, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19529 | $2,528 | $3,491 | $4,548 | $5,706 | $6,892 |
Source: Ownwell