Stockertown, Pennsylvania Property Taxes
The median property tax rate in Stockertown, PA is 4.28%, significantly higher than both the national median of 0.99% and Pennsylvania's state median of 2.81%. With the median home value in Stockertown at $102,600, the typical annual property tax bill reaches $4,391, far exceeding the national median of $2,690. Property taxes in Stockertown are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Stockertown's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Stockertown or another part of Northampton County, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Stockertown, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.28%
Estimate Property Tax Bill
$4,391
Ownwell’s Stockertown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stockertown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stockertown 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 Stockertown, Pennsylvania
Property taxes in Stockertown, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stockertown is 4.28%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Stockertown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stockertown 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 Stockertown's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 18083 has the highest median property tax rate of 4.28%, while the same zip code also has the lowest median tax rate of 4.28%. Understanding how these cities compare with Stockertown 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.
Average Stockertown Tax Rate
4.28%
Average Northampton County Tax Rate
3.95%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stockertown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18083 | 4.28% | 4.28% | 4.28% | 4.28% | 4.28% |
Source: Ownwell
Property Tax Assessment Values Across Stockertown, Pennsylvania
In Stockertown, 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 Stockertown, 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 instance, the median home price in Stockertown is $102,600. The 25th percentile tax bill is $3,655, while the 75th percentile tax bill is $5,213. The highest median tax bill is $4,391 in zip code 18083, which also has the lowest median 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 Stockertown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Stockertown, Pennsylvania
Source: Ownwell
$66,500
$208,650
$350,800
Average Stockertown Assessed Value
$102,600
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 Stockertown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18083 | $73,560 | $85,500 | $102,600 | $121,800 | $160,400 |
Source: Ownwell
Property Tax Bills Across Stockertown, Pennsylvania
In Stockertown, Northampton 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 assessor, who evaluates the property's market value and applies an assessment ratio. Homeowners in Stockertown face a median property tax bill of $4,391, which is significantly higher than the national median property tax rate of 0.99%. Factors that influence the tax bill include the property's market value, the assessment ratio, and the local tax rate set by the county and other taxing entities. For example, a home valued at $102,600 could see tax bills ranging from $3,655 at the 25th percentile to $6,865 at the 90th percentile. Higher property values and higher local tax rates directly impact the amount homeowners must pay. This financial obligation can affect household budgets and the overall cost of homeownership in the area.
Average Stockertown Tax Bill
$4,391
Average Northampton County Tax Bill
$4,642
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Stockertown, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18083 | $3,143 | $3,655 | $4,391 | $5,213 | $6,865 |
Source: Ownwell