Albrightsville, Pennsylvania Property Taxes
The median property tax rate in Albrightsville, PA is 0.52%, significantly lower than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Albrightsville at $110,680, the typical annual property tax bill amounts to $608, which is well below the national median of $2,690. Property taxes in Albrightsville are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Albrightsville'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 Albrightsville or another part of Monroe County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Albrightsville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.52%
Estimate Property Tax Bill
$576
Ownwell’s Albrightsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Albrightsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Albrightsville 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 Monroe County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Albrightsville, Pennsylvania
Property taxes in Albrightsville, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Albrightsville is 0.52%, which is lower than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Albrightsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Albrightsville 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 Albrightsville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18210 zip code has the highest median property tax rate of 0.52%, while the same 18210 zip code also has the lowest median tax rate of 0.52%. Understanding how these cities compare with Albrightsville provides valuable insights into the varying tax landscape across Monroe County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Albrightsville Tax Rate
0.52%
Average Monroe County Tax Rate
0.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Albrightsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18210 | 0.52% | 0.52% | 0.52% | 0.52% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Albrightsville, Pennsylvania
In Albrightsville, 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 Monroe County 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 Albrightsville, 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 Albrightsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area both stand at $608, specifically in the 18210 zip code.
Property Tax Assessment Values Across Albrightsville, Pennsylvania
Source: Ownwell
$70,390
$620,630
$1,170,870
Average Albrightsville Assessed Value
$110,680
Average Monroe County Assessed Value
$134,550
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Albrightsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18210 | $73,687 | $89,770 | $110,680 | $143,018 | $187,242 |
Source: Ownwell
Property Tax Bills Across Albrightsville, Pennsylvania
In Albrightsville, Monroe County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Albrightsville, the median home price is $110,680. Property tax bills vary widely, with the 25th percentile paying around $484 annually, while those in the 75th percentile pay approximately $857. At the 90th percentile, tax bills can reach up to $1,384. These figures highlight the variability in tax burdens based on property values and specific assessments. Compared to the national median property tax rate of 0.99%, Albrightsville's tax rates can significantly impact homeowners, influencing their overall cost of living and financial planning. Understanding how these taxes are calculated helps residents anticipate their annual obligations and manage their household budgets more effectively.
Average Albrightsville Tax Bill
$608
Average Monroe County Tax Bill
$814
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Albrightsville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18210 | $393 | $484 | $608 | $857 | $1,384 |
Source: Ownwell