Bryn Athyn, Montgomery County, Pennsylvania Property Taxes
The median property tax rate in Bryn Athyn, PA is 1.55%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Bryn Athyn at $225,200, the typical annual property tax bill reaches $3,429, exceeding the national median of $2,690. Property taxes in Bryn Athyn 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 Bryn Athyn'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 Bryn Athyn 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
Bryn Athyn, Montgomery County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.55%
Estimate Property Tax Bill
$3,491
$3,239
Ownwell’s BRYN ATHYN Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in BRYN ATHYN with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in BRYN ATHYN 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 Bryn Athyn, Montgomery County, Pennsylvania
Property taxes in Bryn Athyn, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bryn Athyn is 1.55%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Bryn Athyn set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bryn Athyn 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 Bryn Athyn's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 19009 zip code has the highest median property tax rate of 1.55%, while the same zip code also has the lowest median tax rate of 1.55%. Understanding how these cities compare with Bryn Athyn provides valuable insights into the varying tax landscape across Montgomery County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bryn Athyn Tax Rate
1.55%
Average Montgomery County Tax Rate
3.94%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bryn Athyn, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19009 | 1.55% | 1.55% | 1.55% | 1.55% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Bryn Athyn, Montgomery County, Pennsylvania
In Bryn Athyn, 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 Montgomery County Board of Assessment 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 Bryn Athyn, 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 Bryn Athyn helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $3,429 in the 19009 zip code, which is also the lowest, highlighting a uniformity in tax assessments.
Property Tax Assessment Values Across Bryn Athyn, Montgomery County, Pennsylvania
Source: Ownwell
$67,160
$296,195
$525,230
Average Bryn Athyn Assessed Value
$225,200
Average Montgomery County Assessed Value
$143,105
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bryn Athyn, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19009 | $144,650 | $169,310 | $225,200 | $305,810 | $459,944 |
Source: Ownwell
Property Tax Bills Across Bryn Athyn, Montgomery County, Pennsylvania
In Bryn Athyn, Montgomery County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local government assessors who evaluate the property's market value and apply an assessment ratio. Homeowners in Bryn Athyn face a median home price of $225,200, with property tax bills varying significantly. The 25th percentile tax bill is $2,608, while the 75th percentile reaches $4,742, and the 90th percentile can soar to $7,464. These tax bills are influenced by several factors, including the property's assessed value, local tax rates, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Bryn Athyn's rates can result in higher tax obligations for homeowners. This variability affects homeowners by impacting their annual expenses and, consequently, their overall financial planning. Understanding these factors is crucial for homeowners to anticipate their property tax liabilities and manage their budgets effectively.
Property Tax Bills Across Bryn Athyn, Montgomery County, Pennsylvania
Source: Ownwell
$2,471
$12,110
$21,748
Average Bryn Athyn Tax Bill
$3,429
Average Montgomery County Tax Bill
$5,764
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Bryn Athyn, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19009 | $2,167 | $2,608 | $3,429 | $4,742 | $7,464 |
Source: Ownwell