Northampton, Northampton County, Pennsylvania Property Taxes
The median property tax rate in Northampton, PA is 3.65%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Northampton at $111,000, the typical annual property tax bill reaches $4,155, exceeding the national median of $2,690. Property taxes in Northampton 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 Northampton'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 Northampton or another part of the county, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Northampton, Northampton County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.65%
Estimate Property Tax Bill
$4,051
$3,760
Ownwell’s Northampton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Northampton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Northampton 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 Northampton, Northampton County, Pennsylvania
Property taxes in Northampton, PA, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Northampton is 3.65%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Northampton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Northampton 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 Northampton's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18067 zip code has the highest median property tax rate of 3.65%, while the same zip code also has the lowest median tax rate of 3.65%. Understanding how these cities compare with Northampton provides valuable insights into the varying tax landscape across Northampton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Property Tax Rates Across Northampton, Northampton County, Pennsylvania
Source: Ownwell
3.61%
4.40%
5.19%
Average Northampton Tax Rate
3.65%
Average Northampton County Tax Rate
3.95%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Northampton, Northampton County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18067 | 3.58% | 3.58% | 3.65% | 3.95% | 3.95% |
Source: Ownwell
Property Tax Assessment Values Across Northampton, Northampton County, Pennsylvania
In Northampton, 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 Northampton 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 Northampton, 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. For example, the median home price in Northampton is $111,000, with tax bills ranging from $3,152 at the 25th percentile to $6,500 at the 90th percentile. The zip code 18067 has the highest and lowest median tax bill of $4,155. 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 Northampton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Northampton, Northampton County, Pennsylvania
Source: Ownwell
$66,500
$112,850
$159,200
Average Northampton Assessed Value
$111,000
Average Northampton County Assessed Value
$115,200
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Northampton, Northampton County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18067 | $64,800 | $81,000 | $111,000 | $136,000 | $175,200 |
Source: Ownwell
Property Tax Bills Across Northampton, Northampton County, Pennsylvania
In Northampton, PA, property tax bills are calculated based on the assessed value of a property, which is determined by local assessors. The assessed value is then multiplied by the local property tax rate to determine the tax bill. Homeowners in Northampton typically see a median tax bill of $4,155. This amount can vary significantly, with the 25th percentile tax bill at $3,152 and the 75th percentile reaching $5,009. For those at the 90th percentile, tax bills can be as high as $6,500. Several factors influence these tax bills, including the property's market value, any applicable exemptions, and the specific tax rate set by local authorities. Compared to the national median property tax rate of 0.99%, Northampton's property taxes can be relatively high, impacting homeowners' annual budgets. Understanding how these factors interplay can help homeowners better anticipate their financial obligations and seek potential tax relief options.
Property Tax Bills Across Northampton, Northampton County, Pennsylvania
Source: Ownwell
$2,727
$4,582
$6,437
Average Northampton Tax Bill
$4,155
Average Northampton County Tax Bill
$4,642
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Northampton, Northampton County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18067 | $2,560 | $3,152 | $4,155 | $5,009 | $6,500 |
Source: Ownwell