Coopersburg, Pennsylvania Property Taxes
The median property tax rate in Coopersburg, PA is 1.51%, considerably higher than the national median of 0.99% but lower than Pennsylvania's state median of 2.81%. With the median home value in Coopersburg at $359,362, the typical annual property tax bill reaches $5,501, significantly exceeding the national median of $2,690. Property taxes in Coopersburg 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 Coopersburg'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 Coopersburg 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
Coopersburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.51%
Estimate Property Tax Bill
$5,426
Ownwell’s Coopersburg Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Coopersburg effortlessly. By simply entering your property's estimated assessed value, the calculator applies the median tax rate in Coopersburg to provide an accurate estimate of your property tax bill. This valuable tool offers a clear understanding of potential tax liabilities. For those interested in more detailed trends at a neighborhood level, further localized information is available below. Your property’s assessed value, determined by the county for tax calculations, considers any applicable exemptions, ensuring a precise estimate tailored to your specific situation.
Property Tax Rates Across Coopersburg, Pennsylvania
Property taxes in Coopersburg, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Coopersburg is 1.51%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Coopersburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Coopersburg 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 Coopersburg's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 18036 has both the highest and lowest median property tax rate of 1.51%. Understanding how these cities compare with Coopersburg provides valuable insights into the varying tax landscape across Bucks County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Coopersburg Tax Rate
1.51%
Average Bucks County Tax Rate
1.91%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Coopersburg, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18036 | 1.51% | 1.51% | 1.51% | 1.51% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Coopersburg, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Coopersburg, Pennsylvania. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. This value is estimated 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 Coopersburg, 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 Coopersburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in Coopersburg are both $5,501, found in the 18036 zip code.
Property Tax Assessment Values Across Coopersburg, Pennsylvania
Source: Ownwell
$172,340
$489,787
$807,234
Average Coopersburg Assessed Value
$359,362
Average Bucks County Assessed Value
$300,000
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Coopersburg, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18036 | $234,809 | $289,361 | $359,362 | $456,649 | $604,255 |
Source: Ownwell
Property Tax Bills Across Coopersburg, Pennsylvania
In Coopersburg, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For example, with a median home price of $359,362, homeowners can expect varying tax bills. The tax bill at the 25th percentile is approximately $4,357, while at the 75th percentile, it reaches around $6,895. At the 90th percentile, the tax bill can be as high as $9,102. These amounts are significantly higher than the national median property tax rate of 0.99%, reflecting the local tax rate and property values. Higher property taxes can impact homeowners by increasing their annual housing costs, which may affect affordability. Conversely, these taxes are crucial for funding local services such as schools, public safety, and infrastructure, contributing to the overall quality of life in Coopersburg.
Average Coopersburg Tax Bill
$5,501
Average Bucks County Tax Bill
$5,548
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Coopersburg, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18036 | $3,588 | $4,357 | $5,501 | $6,895 | $9,102 |
Source: Ownwell