Stockertown Township, Pennsylvania Property Taxes
The median property tax rate in Stockertown Township, PA is 4.28%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Stockertown Township at $133,200, the typical annual property tax bill reaches $5,701, far exceeding the national median of $2,690. Property taxes here 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 Stockertown Township'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 Stockertown Township 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
Stockertown Township, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.28%
Estimate Property Tax Bill
$5,701
Ownwell’s Stockertown Township Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stockertown Township with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stockertown Township 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 Township, Pennsylvania
Property taxes in Stockertown Township, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stockertown Township 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 Township set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stockertown Township 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 Township's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 18040 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 Township 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 Township 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 Township, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18040 | 4.28% | 4.28% | 4.28% | 4.28% | 4.28% |
Source: Ownwell
Property Tax Assessment Values Across Stockertown Township, Pennsylvania
In Stockertown Township, 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 Township, 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 Stockertown Township is $133,200, with the highest and lowest median tax bills both recorded at $5,701 in zip code 18040. 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 Township helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Stockertown Township, Pennsylvania
Source: Ownwell
$66,500
$208,650
$350,800
Average Stockertown Township Assessed Value
$133,200
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 Township, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18040 | $133,200 | $133,200 | $133,200 | $133,200 | $133,200 |
Source: Ownwell
Property Tax Bills Across Stockertown Township, Pennsylvania
In Stockertown Township, Northampton County, PA, property tax bills are calculated based on the assessed value of a property, which is determined by local tax assessors. This assessed value is then multiplied by the local tax rate to produce the annual tax bill. For homeowners in Stockertown Township, the median home price is $133,200, and the median property tax bill is $5,701. This tax bill is notably higher than the national median property tax rate of 0.99%, reflecting the specific economic and budgetary needs of the local government. Factors such as property size, location, and any improvements or modifications made to the property can influence the assessed value, and thus the tax bill. This high property tax rate can significantly impact homeowners, affecting their overall housing affordability and long-term financial planning. Understanding these factors is crucial for homeowners as they navigate their financial responsibilities and consider potential appeals or exemptions to manage their property tax obligations effectively.
Average Stockertown Township Tax Bill
$5,701
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 Township, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18040 | $5,701 | $5,701 | $5,701 | $5,701 | $5,701 |
Source: Ownwell