Earlington, Pennsylvania Property Taxes
The median property tax rate in Earlington, PA is 3.83%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With a median home value of $164,670 in Earlington, the typical annual property tax bill reaches $6,310, far exceeding the national median of $2,690. Property taxes in Earlington 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 Earlington'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 Earlington 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
Earlington, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.83%
Estimate Property Tax Bill
$6,307
Ownwell’s Earlington Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Earlington with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Earlington 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 Earlington, Pennsylvania
Property taxes in Earlington, Pennsylvania, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Earlington is 1.49%, higher than both the Pennsylvania state median of 1.46% and the U.S. national median of 0.99%. Local government entities within Earlington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Earlington 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 Earlington's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18918 zip code has the highest median property tax rate of 1.49%, while the 18918 zip code also has the lowest median tax rate of 1.49%. Understanding how these cities compare with Earlington 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 Earlington Tax Rate
3.83%
Average Montgomery County Tax Rate
3.94%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Earlington, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18918 | 3.83% | 3.83% | 3.83% | 3.83% | 3.83% |
Source: Ownwell
Property Tax Assessment Values Across Earlington, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Earlington, Pennsylvania. 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 Appraisal District 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 Earlington, 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. For instance, the median home price in Earlington is $164,670, with the 25th percentile tax bill at $4,876 and the 75th percentile tax bill at $6,789. The highest and lowest median tax bills are both $6,310 in zip code 18918. 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 Earlington, Pennsylvania
Source: Ownwell
$33,380
$293,475
$553,570
Average Earlington Assessed Value
$164,670
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 Earlington, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18918 | $116,452 | $127,240 | $164,670 | $177,165 | $192,616 |
Source: Ownwell
Property Tax Bills Across Earlington, Pennsylvania
Property tax bills in Earlington, PA, are calculated based on the assessed value of a property, which is determined by local assessors. The median home price in Earlington is $164,670. Homeowners can expect their tax bills to vary significantly, with the 25th percentile tax bill at $4,876 and the 75th percentile tax bill reaching $6,789. The 90th percentile tax bill can go up to $7,382. These figures indicate that Earlington's property tax rates are notably higher than the national median property tax rate of 0.99%. Several factors influence the final property tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. Higher property taxes can impact homeowners by increasing the overall cost of homeownership, potentially affecting affordability and long-term financial planning. Understanding these factors can help homeowners anticipate their annual tax obligations and budget accordingly.
Average Earlington Tax Bill
$6,310
Average Montgomery County Tax Bill
$5,764
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Earlington, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18918 | $4,462 | $4,876 | $6,310 | $6,789 | $7,382 |
Source: Ownwell