Eagleville, Pennsylvania Property Taxes
The median property tax rate in Eagleville, PA is 3.92%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Eagleville, the typical annual property tax bill reaches $4,847, far exceeding the national median of $2,690. Property taxes in Eagleville 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 Eagleville'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 Eagleville or another part of Montgomery County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Eagleville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.92%
Estimate Property Tax Bill
$4,843
Ownwell’s Eagleville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Eagleville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Eagleville to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in seeing trends on a neighborhood level, more localized information is available as you scroll down. Your property’s assessed value is the value assigned by Montgomery County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Eagleville, Pennsylvania
Property taxes in Eagleville, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Eagleville is 3.92%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Eagleville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eagleville 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 Eagleville'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 3.92%, while the same zip code also has the lowest median tax rate of 3.92%. Understanding how these cities compare with Eagleville 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 Eagleville 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 Eagleville, 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 Eagleville, Pennsylvania
In Eagleville, 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 Eagleville, 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 Eagleville is $123,535, with tax bills ranging from $4,670 at the 25th percentile to $6,393 at the 90th percentile. The highest and lowest median tax bills both stand at $4,847 in the 19403 zip code. 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 Eagleville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Eagleville, Pennsylvania
Source: Ownwell
$33,380
$293,475
$553,570
Average Eagleville Assessed Value
$123,535
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 Eagleville, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19403 | $117,183 | $119,022 | $123,535 | $131,892 | $162,921 |
Source: Ownwell
Property Tax Bills Across Eagleville, Pennsylvania
In Eagleville, Montgomery County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The tax rate is then applied to this assessed value to determine the tax bill. Several factors influence the assessed value, including the home's market value, location, and property size. For homeowners in Eagleville, the tax bill can vary significantly. For instance, the 25th percentile tax bill is around $4,670, while the 75th percentile tax bill is approximately $5,175. At the higher end, the 90th percentile tax bill reaches $6,393. Comparatively, the national median property tax rate is 0.99%, making Eagleville's property taxes relatively high. These property tax bills can have a substantial impact on homeowners, affecting their overall cost of living and potentially influencing decisions about buying or selling property. Understanding how these taxes are calculated is crucial for homeowners to manage their finances effectively.
Average Eagleville Tax Bill
$4,847
Average Montgomery County Tax Bill
$5,764
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Eagleville, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19403 | $4,598 | $4,670 | $4,847 | $5,175 | $6,393 |
Source: Ownwell