Philadelphia, Delaware County, Pennsylvania Property Taxes

Name: Property Tax Bills Across Philadelphia, Delaware County, Pennsylvania
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Philadelphia, PA effective property tax rate: 2.47%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Philadelphia, PA home value: $278,845
Median annual Philadelphia, PA tax bill: $6,467, $4,067 higher than the national median property tax bill of $2,400.

How are property taxes in Delaware calculated?

Property taxes in Philadelphia, PA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Philadelphia’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Philadelphia, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Philadelphia, Delaware County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.47%

Estimate Property Tax Bill

$6,887

$6,391

Ownwell’s Philadelphia Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Philadelphia with just two data points. By entering your property's estimated assessed value, our calculator applies Philadelphia’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Delaware County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Philadelphia, Delaware County, Pennsylvania

Local government entities set tax rates, and these can differ significantly within a state. Each county estimates its budget needs annually to provide necessary services and divides that figure by the total value of all taxable property within its jurisdiction. This process results in the property tax rate. While votes and laws influence the setting of tax rates and budgets, this is the core of the annual process. In Philadelphia, located in Delaware County, PA, the effective property tax rate is 2.47%. This rate is notably higher than the national median property tax rate of 1.02%. When compared to the median property tax rates in Pennsylvania and across the United States, Philadelphia's rate stands out as particularly high. This can lead to significantly higher property tax bills for homeowners in Philadelphia, with the national median property tax bill being $2,400. Understanding these differences is crucial for property owners looking to manage their expenses and explore potential savings through property tax appeals and exemptions.

Property Tax Rates Across Philadelphia, Delaware County, Pennsylvania

Source: Ownwell

1.29%

2.85%

4.41%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Philadelphia Tax Rate

2.47%

Median Effective Delaware County Tax Rate

2.80%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Philadelphia, Delaware County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
19123	N/A	N/A	N/A	N/A	N/A
19128	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Philadelphia, Delaware County, Pennsylvania

When examining property taxes in Philadelphia, PA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Delaware County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Delaware County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Philadelphia. For example, the median home price in Philadelphia is $278,845, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Philadelphia, Delaware County, Pennsylvania

Source: Ownwell

$40,360

$715,680

$1,391,000

Median Philadelphia Market Value

$278,845

Median Delaware County Market Value

$197,870

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Philadelphia, Delaware County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
19123	N/A	N/A	N/A	N/A	N/A
19128	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Philadelphia, Delaware County, Pennsylvania

In Philadelphia, located in Delaware County, PA, property tax bills are calculated based on the assessed value of the property. The assessment is determined by local authorities and is intended to reflect the market value. Pennsylvania's property tax rate is notably higher than the national median of 1.02%, which impacts homeowners significantly. For instance, the median property tax bill in Philadelphia is substantially above the national median of $2400, with bills ranging from $5868 at the 25th percentile to $7426 at the 90th percentile. This variance is influenced by factors such as property location, size, and market conditions. High property taxes can strain homeowners' finances, making it crucial to ensure assessments are accurate. Ownwell assists homeowners by providing expert property tax appeal services. By evaluating your property's assessed value and identifying discrepancies, Ownwell helps ensure your tax bill is fair. This service can lead to significant savings, easing the financial burden on homeowners in Philadelphia.

Property Tax Bills Across Philadelphia, Delaware County, Pennsylvania

Source: Ownwell

$1,131

$14,070

$27,009

Median Philadelphia Tax Bill

$6,467

Median Delaware County Tax Bill

$5,691

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Philadelphia, Delaware County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
19123	N/A	N/A	N/A	N/A	N/A
19128	N/A	N/A	N/A	N/A	N/A

Source: Ownwell