Woxall, Pennsylvania Property Taxes
The median property tax rate in Woxall, PA is 3.76%, significantly higher than the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Woxall at $125,720, the typical annual property tax bill reaches $4,724, far exceeding the national median of $2,690. Property taxes in Woxall are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Woxall'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 Woxall 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
Woxall, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.76%
Estimate Property Tax Bill
$4,727
Ownwell’s Woxall Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Woxall with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Woxall 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 Woxall, Pennsylvania
Property taxes in Woxall, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Woxall is 3.76%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Woxall set these rates annually, and they can vary significantly across different neighborhoods. Each year, Woxall 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 Woxall's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18979 zip code has the highest median property tax rate of 3.76%, while the same zip code also has the lowest median tax rate of 3.76%. Understanding how these cities compare with Woxall 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 Woxall Tax Rate
3.76%
Average Montgomery County Tax Rate
3.94%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Woxall, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18979 | 3.76% | 3.76% | 3.76% | 3.76% | 3.76% |
Source: Ownwell
Property Tax Assessment Values Across Woxall, Pennsylvania
In Woxall, 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 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 Woxall, 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. The median home price in Woxall is $125,720, with tax bills ranging from $4,072 at the 25th percentile to $5,967 at the 75th percentile. The highest and lowest median tax bills are both $4,724 in zip code 18979. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Woxall Assessed Value
$125,720
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 Woxall, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18979 | $97,760 | $108,395 | $125,720 | $153,530 | $169,800 |
Source: Ownwell
Property Tax Bills Across Woxall, Pennsylvania
In Woxall, Montgomery County, PA, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in Woxall is $125,720. Local tax authorities apply a specific tax rate to this assessed value to calculate the annual tax bill. Several factors influence this calculation, including property size, location, and any applicable exemptions or deductions. Homeowners in Woxall experience a range in their property tax bills. For instance, the tax bill at the 25th percentile is $4,072, while at the 75th percentile, it reaches $5,967. At the 90th percentile, the tax bill can go up to $6,379. These figures indicate that property taxes can significantly impact household budgets, especially when compared to the national median property tax rate of 0.99%. Understanding how these factors interplay can help homeowners anticipate their financial obligations and plan accordingly.
Average Woxall Tax Bill
$4,724
Average Montgomery County Tax Bill
$5,764
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Woxall, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18979 | $3,673 | $4,072 | $4,724 | $5,967 | $6,379 |
Source: Ownwell