Mount Bethel, Pennsylvania Property Taxes
The median property tax rate in Mount Bethel, PA is 3.78%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Mount Bethel at $115,900, the typical annual property tax bill reaches $4,596, far exceeding the national median of $2,690. Property taxes in Mount Bethel are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Mount Bethel'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 Mount Bethel or another part of Northampton County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mount Bethel, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.78%
Estimate Property Tax Bill
$4,381
Ownwell’s Mount Bethel Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mount Bethel with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mount Bethel 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 Mount Bethel, Pennsylvania
Property taxes in Mount Bethel, Pennsylvania, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Mount Bethel is 3.78%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Mount Bethel set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mount Bethel 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 Mount Bethel's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18343 zip code has the highest median property tax rate of 3.78%, while the same zip code also has the lowest median tax rate of 3.78%. Understanding how these cities compare with Mount Bethel provides valuable insights into the varying tax landscape across Northampton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mount Bethel Tax Rate
3.78%
Average Northampton County Tax Rate
3.95%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mount Bethel, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18343 | 3.78% | 3.78% | 3.78% | 3.78% | 3.78% |
Source: Ownwell
Property Tax Assessment Values Across Mount Bethel, Pennsylvania
In Mount Bethel, 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 Northampton 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 Mount Bethel, 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. With a median home price of $115,900 and tax bills ranging from $3,208 at the 25th percentile to $8,868 at the 90th percentile, being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Mount Bethel, Pennsylvania
Source: Ownwell
$66,500
$208,650
$350,800
Average Mount Bethel Assessed Value
$115,900
Average Northampton County Assessed Value
$115,200
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mount Bethel, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18343 | $30,000 | $75,450 | $115,900 | $166,600 | $232,680 |
Source: Ownwell
Property Tax Bills Across Mount Bethel, Pennsylvania
In Mount Bethel, Northampton County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and reflects a percentage of the property's market value. Homeowners in Mount Bethel face a median property tax rate that can lead to varying tax bills depending on the property's assessed value. For example, the median home price in Mount Bethel is $115,900. Property tax bills can range significantly, with the 25th percentile at $3,208 and the 75th percentile reaching $6,524. At the 90th percentile, tax bills can go as high as $8,868. The highest and lowest median tax bills in the area are both $4,596, which is notably higher than the national median property tax rate of 0.99%. These property tax bills impact homeowners by influencing their annual housing costs, potentially affecting their overall financial planning and budgeting. Understanding these factors is crucial for homeowners to anticipate their tax obligations accurately.
Average Mount Bethel Tax Bill
$4,596
Average Northampton County Tax Bill
$4,642
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Mount Bethel, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18343 | $1,361 | $3,208 | $4,596 | $6,524 | $8,868 |
Source: Ownwell