Audubon, Pennsylvania Property Taxes
The median property tax rate in Audubon, PA is 3.92%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With a median home value of $131,660 in Audubon, the typical annual property tax bill reaches $5,166, far exceeding the national median of $2,690. Property taxes in Audubon 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 Audubon'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 Audubon or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Audubon, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.92%
Estimate Property Tax Bill
$5,161
Ownwell’s Audubon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Audubon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Audubon 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 Audubon, Pennsylvania
Property taxes in Audubon, Pennsylvania, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Audubon is 1.56%, higher than both the Pennsylvania state median of 1.46% and the U.S. national median of 0.99%. Local government entities within Audubon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Audubon 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 Audubon's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 19403 zip code has the highest median property tax rate of 1.56%, while the lowest median tax rate is also 1.56% in the same zip code. Understanding how these cities compare with Audubon provides valuable insights into the varying tax landscape across Montgomery County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Audubon Tax Rate
3.92%
Average Montgomery County Tax Rate
3.94%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Audubon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19403 | 3.92% | 3.92% | 3.92% | 3.92% | 3.92% |
Source: Ownwell
Property Tax Assessment Values Across Audubon, Pennsylvania
In Audubon, 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 Montgomery 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 Audubon, 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 Audubon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price is $131,660, with tax bills ranging from $4,858 at the 25th percentile to $6,276 at the 90th percentile. The highest and lowest median tax bills are both $5,166 in the 19403 zip code.
Average Audubon Assessed Value
$131,660
Average Montgomery County Assessed Value
$143,105
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Audubon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19403 | $111,407 | $123,808 | $131,660 | $147,955 | $159,949 |
Source: Ownwell
Property Tax Bills Across Audubon, Pennsylvania
In Audubon, Montgomery 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 and reflects a percentage of the property's market value. Homeowners in Audubon experience a median property tax bill of $5,166, which is significantly higher than the national median property tax rate of 0.99%. Several factors influence the tax bill, including the home's assessed value, any applicable exemptions, and the local tax rate. For example, homes in the 25th percentile have tax bills around $4,858, while those in the 75th percentile face bills closer to $5,805. High-end properties in the 90th percentile can see tax bills reaching up to $6,276. These property taxes fund essential community services such as public schools, emergency services, and infrastructure maintenance. For homeowners, understanding these factors is crucial for financial planning and managing the overall cost of homeownership in Audubon.
Average Audubon Tax Bill
$5,166
Average Montgomery County Tax Bill
$5,764
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Audubon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19403 | $4,372 | $4,858 | $5,166 | $5,805 | $6,276 |
Source: Ownwell