Maple Glen, Pennsylvania Property Taxes
The median property tax rate in Maple Glen, PA, is 3.74%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $201,890 in Maple Glen, the typical annual property tax bill reaches $7,554, far exceeding the national median of $2,690. Property taxes in Maple Glen are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Maple Glen'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 Maple Glen or another part of Montgomery County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Maple Glen, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.74%
Estimate Property Tax Bill
$7,551
Ownwell’s Maple Glen Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Maple Glen with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Maple Glen 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 Maple Glen, Pennsylvania
Property taxes in Maple Glen, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Maple Glen is 1.55%, which is higher than the Pennsylvania state median of 1.35% but significantly above the U.S. national median of 0.99%. Local government entities within Maple Glen set these rates annually, and they can vary significantly across different neighborhoods. Each year, Maple Glen 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 Maple Glen's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 19002 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 Maple Glen 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 Maple Glen Tax Rate
3.74%
Average Montgomery County Tax Rate
3.94%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Maple Glen, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19002 | 3.74% | 3.74% | 3.74% | 3.74% | 4.76% |
Source: Ownwell
Property Tax Assessment Values Across Maple Glen, Pennsylvania
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Maple Glen, 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 Maple Glen, 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 Maple Glen helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 19002, with a median tax bill of $7,554.
Property Tax Assessment Values Across Maple Glen, Pennsylvania
Source: Ownwell
$33,380
$293,475
$553,570
Average Maple Glen Assessed Value
$201,890
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 Maple Glen, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19002 | $144,612 | $159,910 | $201,890 | $251,010 | $273,808 |
Source: Ownwell
Property Tax Bills Across Maple Glen, Pennsylvania
In Maple Glen, Montgomery County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county's property assessor and is meant to reflect the market value of the property. Homeowners in Maple Glen face a median property tax rate of 0.99%, aligning with the national median. Several factors influence the final tax bill, including the property's location, size, and any improvements made. For example, a home valued at $201,890 would face different tax obligations depending on its assessed value and applicable exemptions. The tax bills in Maple Glen range significantly, with the 25th percentile at $5,984 and the 75th percentile at $9,910. At the higher end, the 90th percentile reaches up to $12,220. These property taxes fund essential community services such as schools, public safety, and infrastructure. Thus, homeowners in Maple Glen contribute directly to the quality of life in their community through their property taxes.
Average Maple Glen Tax Bill
$7,554
Average Montgomery County Tax Bill
$5,764
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Maple Glen, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19002 | $5,412 | $5,984 | $7,554 | $9,910 | $12,220 |
Source: Ownwell