Kulpsville, Pennsylvania Property Taxes
The median property tax rate in Kulpsville, PA is 3.88%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Kulpsville at $153,460, the typical annual property tax bill reaches $5,952, far exceeding the national median of $2,690. Property taxes in Kulpsville 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 Kulpsville'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 Kulpsville 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
Kulpsville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.88%
Estimate Property Tax Bill
$5,954
Ownwell’s Kulpsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kulpsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kulpsville 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 Montgomery County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Kulpsville, Pennsylvania
Property taxes in Kulpsville, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kulpsville is 1.55%, significantly higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Kulpsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kulpsville 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 Kulpsville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 19443 has both the highest and lowest median property tax rate of 1.55%. Understanding how these cities compare with Kulpsville 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 Kulpsville Tax Rate
3.88%
Average Montgomery County Tax Rate
3.94%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kulpsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19443 | 3.88% | 3.88% | 3.88% | 3.88% | 3.88% |
Source: Ownwell
Property Tax Assessment Values Across Kulpsville, Pennsylvania
In Kulpsville, 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 Kulpsville, 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 Kulpsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $5,952 in the 19443 zip code, while the lowest median tax bill is also $5,952 in the same zip code.
Property Tax Assessment Values Across Kulpsville, Pennsylvania
Source: Ownwell
$33,380
$293,475
$553,570
Average Kulpsville Assessed Value
$153,460
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 Kulpsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19443 | $108,962 | $136,460 | $153,460 | $194,290 | $230,344 |
Source: Ownwell
Property Tax Bills Across Kulpsville, Pennsylvania
In Kulpsville, Montgomery County, PA, 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 then multiplied by the local property tax rate to determine the tax bill. For instance, with a median home price of $153,460, homeowners can expect varying tax bills depending on their property's assessed value and the applicable tax rate. Several factors influence the tax bill, including property size, location, and any improvements made to the property. Homeowners in the 25th percentile can expect tax bills around $5,292, while those in the 75th percentile might see bills closer to $7,536. At the higher end, the 90th percentile tax bills reach approximately $8,930. These property taxes significantly impact homeowners by contributing to local public services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, the tax rates in Kulpsville can be quite substantial, reflecting the area's investment in community resources.
Average Kulpsville Tax Bill
$5,952
Average Montgomery County Tax Bill
$5,764
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Kulpsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19443 | $4,226 | $5,292 | $5,952 | $7,536 | $8,930 |
Source: Ownwell