Fountain Hill, Lehigh County, Pennsylvania Property Taxes
The median property tax rate in Fountain Hill, PA is 3.17%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Fountain Hill at $116,450, the typical annual property tax bill reaches $3,693, surpassing the national median of $2,690. Property taxes in Fountain Hill are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Fountain Hill'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 Fountain Hill 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
Fountain Hill, Lehigh County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.17%
Estimate Property Tax Bill
$3,691
$3,426
Ownwell’s Fountain Hill Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fountain Hill with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fountain Hill 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 Fountain Hill, Lehigh County, Pennsylvania
Property taxes in Fountain Hill, Pennsylvania, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Fountain Hill is 3.17%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Fountain Hill set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fountain Hill 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 Fountain Hill's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 18015 has the highest median property tax rate of 3.17%, while the same zip code also records the lowest median tax rate of 3.17%. Understanding how these cities compare with Fountain Hill provides valuable insights into the varying tax landscape across Lehigh County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fountain Hill Tax Rate
3.17%
Average Lehigh County Tax Rate
2.78%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fountain Hill, Lehigh County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18015 | 3.17% | 3.17% | 3.17% | 3.17% | 3.17% |
Source: Ownwell
Property Tax Assessment Values Across Fountain Hill, Lehigh County, Pennsylvania
In Fountain Hill, 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 Lehigh 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 Fountain Hill, 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. The highest median tax bill in Fountain Hill is $3693, found in zip code 18015, while the lowest median tax bill is also $3693 in the same zip code. 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 Fountain Hill, Lehigh County, Pennsylvania
Source: Ownwell
$58,200
$170,400
$282,600
Average Fountain Hill Assessed Value
$116,450
Average Lehigh County Assessed Value
$166,200
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fountain Hill, Lehigh County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18015 | $84,500 | $96,150 | $116,450 | $136,875 | $169,860 |
Source: Ownwell
Property Tax Bills Across Fountain Hill, Lehigh County, Pennsylvania
Property tax bills in Fountain Hill, located in Lehigh County, PA, are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value. In Fountain Hill, the median home price is $116,450, and the tax rate applied to this assessed value can significantly impact the annual tax bill for homeowners. Factors such as the property's location within specific school districts or municipal boundaries can further influence the tax rate. For instance, the tax bill for properties in the 25th percentile is around $3,047, while those in the 75th percentile reach approximately $4,341. At the 90th percentile, homeowners may face tax bills as high as $5,384. These figures highlight the variability in property tax burdens, which can affect homeowners' financial planning and overall cost of living. Compared to the national median property tax rate of 0.99%, Fountain Hill's rates can be relatively high, emphasizing the importance of understanding local tax regulations and their implications.
Property Tax Bills Across Fountain Hill, Lehigh County, Pennsylvania
Source: Ownwell
$1,866
$3,944
$6,022
Average Fountain Hill Tax Bill
$3,693
Average Lehigh County Tax Bill
$4,452
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Fountain Hill, Lehigh County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18015 | $2,680 | $3,047 | $3,693 | $4,341 | $5,384 |
Source: Ownwell