Philadelphia, Philadelphia County, Pennsylvania Property Taxes
The median property tax rate in Philadelphia, PA is 1.20%, considerably higher than the national median of 0.99% but lower than the Pennsylvania state median of 2.81%. With the median home value in Philadelphia at $182,300, the typical annual property tax bill reaches $1,943, which is below the national median of $2,690. Property taxes in Philadelphia are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence exemption. Understanding Philadelphia'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 Philadelphia 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
Philadelphia, Philadelphia County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$2,188
$2,030
Ownwell’s Philadelphia Property Tax Bill Calculator allows homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Philadelphia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Philadelphia 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 Philadelphia, Philadelphia County, Pennsylvania
Property taxes in Philadelphia, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Philadelphia is 1.20%, higher than the U.S. national median of 0.99%. Local government entities within Philadelphia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Philadelphia 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 Philadelphia's effective property tax rate to other areas in Pennsylvania and the national median. For comparison, the 19107 zip code has the highest median property tax rate of 1.40%, while the 19153 zip code has the lowest median tax rate of 0.86%. Understanding how these areas compare with Philadelphia provides valuable insights into the varying tax landscape across Philadelphia County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Property Tax Rates Across Philadelphia, Philadelphia County, Pennsylvania
Source: Ownwell
0.86%
1.13%
1.40%
Average Philadelphia Tax Rate
1.20%
Average Philadelphia County Tax Rate
1.20%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Philadelphia, Philadelphia County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19102 | 0.97% | 1.25% | 1.40% | 1.40% | 1.40% |
| 19103 | 1.08% | 1.27% | 1.40% | 1.40% | 1.40% |
| 19104 | 0.35% | 0.84% | 1.40% | 1.40% | 1.40% |
| 19106 | 0.99% | 1.17% | 1.40% | 1.40% | 1.40% |
| 19107 | 1.03% | 1.24% | 1.40% | 1.40% | 1.40% |
| 19111 | 0.78% | 0.91% | 1.05% | 1.40% | 1.40% |
| 19114 | 0.82% | 0.93% | 0.99% | 1.40% | 1.40% |
| 19115 | 0.94% | 1.00% | 1.12% | 1.40% | 1.40% |
| 19116 | 0.95% | 1.00% | 1.11% | 1.40% | 1.40% |
| 19118 | 1.10% | 1.19% | 1.29% | 1.40% | 1.40% |
| 19119 | 0.70% | 0.96% | 1.15% | 1.40% | 1.40% |
| 19120 | 0.45% | 0.59% | 1.40% | 1.40% | 1.40% |
| 19121 | 0.28% | 0.62% | 1.40% | 1.40% | 1.40% |
| 19122 | 0.21% | 0.34% | 0.98% | 1.40% | 1.40% |
| 19123 | 0.28% | 0.50% | 1.19% | 1.40% | 1.40% |
| 19124 | 0.49% | 0.64% | 1.40% | 1.40% | 1.40% |
| 19125 | 0.28% | 0.62% | 1.08% | 1.40% | 1.40% |
| 19126 | 0.65% | 0.73% | 0.98% | 1.40% | 1.40% |
| 19127 | 0.80% | 0.97% | 1.40% | 1.40% | 1.40% |
| 19128 | 0.89% | 0.98% | 1.09% | 1.40% | 1.40% |
| 19129 | 0.57% | 0.94% | 1.17% | 1.40% | 1.40% |
| 19130 | 0.49% | 1.02% | 1.23% | 1.40% | 1.40% |
| 19131 | 0.34% | 0.59% | 1.27% | 1.40% | 1.40% |
| 19132 | 0.52% | 0.65% | 1.40% | 1.40% | 1.40% |
| 19133 | 0.31% | 0.64% | 1.40% | 1.40% | 1.40% |
| 19134 | 0.52% | 0.81% | 1.40% | 1.40% | 1.40% |
| 19135 | 0.62% | 0.74% | 1.40% | 1.40% | 1.40% |
| 19136 | 0.67% | 0.83% | 1.08% | 1.40% | 1.40% |
| 19137 | 0.64% | 0.81% | 0.97% | 1.40% | 1.40% |
| 19138 | 0.50% | 0.69% | 0.93% | 1.40% | 1.40% |
| 19139 | 0.38% | 0.58% | 1.40% | 1.40% | 1.40% |
| 19140 | 0.28% | 0.59% | 1.40% | 1.40% | 1.40% |
| 19141 | 0.47% | 0.60% | 0.94% | 1.40% | 1.40% |
| 19142 | 0.20% | 0.59% | 1.40% | 1.40% | 1.40% |
| 19143 | 0.36% | 0.55% | 1.40% | 1.40% | 1.40% |
| 19144 | 0.49% | 0.72% | 1.30% | 1.40% | 1.40% |
| 19145 | 0.59% | 0.84% | 1.09% | 1.40% | 1.40% |
| 19146 | 0.28% | 0.65% | 1.26% | 1.40% | 1.40% |
| 19147 | 0.41% | 1.00% | 1.22% | 1.40% | 1.40% |
| 19148 | 0.52% | 0.81% | 1.06% | 1.40% | 1.40% |
| 19149 | 0.72% | 0.87% | 1.40% | 1.40% | 1.40% |
| 19150 | 0.73% | 0.78% | 0.93% | 1.40% | 1.40% |
| 19151 | 0.54% | 0.71% | 0.95% | 1.40% | 1.40% |
| 19152 | 0.90% | 0.93% | 1.05% | 1.40% | 1.40% |
| 19153 | 0.45% | 0.66% | 0.86% | 1.40% | 1.40% |
| 19154 | 0.90% | 0.94% | 0.98% | 1.22% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Philadelphia, Philadelphia County, Pennsylvania
In Philadelphia, 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 Philadelphia 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. 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. For example, in Philadelphia, the zip code with the highest median tax bill is 19118, where homeowners pay around $7,676, while the lowest median tax bill is in zip code 19132, at approximately $673. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Philadelphia, Philadelphia County, Pennsylvania
Source: Ownwell
$57,700
$337,575
$617,450
Average Philadelphia Assessed Value
$182,300
Average Philadelphia County Assessed Value
$182,300
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Philadelphia, Philadelphia County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19102 | $177,000 | $241,700 | $333,900 | $598,200 | $1,215,600 |
| 19103 | $145,740 | $266,400 | $484,000 | $864,350 | $1,589,710 |
| 19104 | $49,250 | $89,400 | $183,100 | $375,600 | $525,000 |
| 19106 | $202,200 | $272,000 | $362,000 | $655,450 | $1,201,980 |
| 19107 | $104,300 | $179,975 | $287,700 | $426,425 | $661,600 |
| 19111 | $159,800 | $188,300 | $229,100 | $261,700 | $294,300 |
| 19114 | $171,200 | $227,675 | $244,200 | $262,500 | $303,400 |
| 19115 | $146,200 | $243,500 | $282,000 | $351,400 | $415,000 |
| 19116 | $227,580 | $258,800 | $284,700 | $315,000 | $380,500 |
| 19118 | $344,010 | $452,425 | $617,450 | $935,425 | $1,429,650 |
| 19119 | $135,800 | $199,350 | $290,450 | $438,550 | $628,600 |
| 19120 | $100,700 | $114,500 | $129,700 | $149,400 | $179,200 |
| 19121 | $59,000 | $77,000 | $141,300 | $269,725 | $478,300 |
| 19122 | $134,100 | $186,100 | $246,100 | $337,300 | $545,100 |
| 19123 | $235,580 | $302,500 | $388,900 | $569,950 | $727,100 |
| 19124 | $80,600 | $103,375 | $131,500 | $151,200 | $186,500 |
| 19125 | $179,600 | $217,900 | $280,000 | $393,350 | $539,600 |
| 19126 | $143,200 | $155,825 | $175,600 | $228,500 | $301,500 |
| 19127 | $209,300 | $225,000 | $258,200 | $306,700 | $415,260 |
| 19128 | $213,000 | $245,900 | $276,000 | $326,325 | $411,170 |
| 19129 | $73,300 | $159,700 | $256,700 | $337,900 | $522,680 |
| 19130 | $179,290 | $263,900 | $379,150 | $546,600 | $712,000 |
| 19131 | $54,700 | $75,500 | $102,100 | $161,000 | $260,000 |
| 19132 | $37,200 | $49,900 | $57,700 | $71,000 | $112,700 |
| 19133 | $36,500 | $50,300 | $66,000 | $92,625 | $135,390 |
| 19134 | $52,700 | $64,100 | $83,300 | $172,900 | $221,740 |
| 19135 | $120,300 | $138,800 | $163,100 | $179,100 | $208,400 |
| 19136 | $138,500 | $152,400 | $189,400 | $216,925 | $262,400 |
| 19137 | $117,280 | $156,700 | $193,200 | $228,300 | $269,120 |
| 19138 | $96,310 | $115,700 | $153,100 | $175,000 | $199,000 |
| 19139 | $47,300 | $67,950 | $92,300 | $137,050 | $227,480 |
| 19140 | $53,100 | $66,400 | $79,900 | $94,900 | $122,300 |
| 19141 | $94,500 | $119,000 | $138,200 | $158,000 | $190,200 |
| 19142 | $69,300 | $78,500 | $89,200 | $105,500 | $142,780 |
| 19143 | $58,000 | $71,100 | $104,300 | $166,900 | $306,810 |
| 19144 | $78,100 | $108,400 | $148,150 | $209,899 | $287,290 |
| 19145 | $134,900 | $163,000 | $205,800 | $280,250 | $378,100 |
| 19146 | $114,740 | $176,200 | $352,700 | $525,100 | $701,000 |
| 19147 | $237,600 | $308,700 | $414,700 | $572,200 | $742,720 |
| 19148 | $165,800 | $188,700 | $225,400 | $283,500 | $358,900 |
| 19149 | $146,300 | $166,400 | $186,300 | $221,100 | $239,300 |
| 19150 | $165,400 | $175,600 | $188,100 | $223,600 | $255,700 |
| 19151 | $108,800 | $132,200 | $164,600 | $189,600 | $260,800 |
| 19152 | $217,800 | $230,600 | $243,100 | $278,100 | $304,500 |
| 19153 | $107,870 | $120,900 | $154,600 | $182,700 | $213,330 |
| 19154 | $219,300 | $234,500 | $248,700 | $261,900 | $277,340 |
Source: Ownwell
Property Tax Bills Across Philadelphia, Philadelphia County, Pennsylvania
In Philadelphia, property tax bills are calculated based on the assessed value of a home, which is determined by the city's Office of Property Assessment. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. The median home price in Philadelphia stands at $182,300, and tax bills can vary significantly based on the property's location and assessed value. For instance, the tax bill at the 25th percentile is $1,040, while at the 75th percentile, it rises to $3,057, and at the 90th percentile, it reaches $4,667. Several factors influence the assessed value, including the property's size, age, condition, and location. Homeowners in zip code 19118 face the highest median tax bill at $7,676, while those in zip code 19132 enjoy the lowest median tax bill of $673. These variations can significantly impact homeowners' finances, making it crucial to understand how property taxes are calculated and managed. With the national median property tax rate at 0.99%, Philadelphia's tax landscape presents both challenges and opportunities for its residents.
Property Tax Bills Across Philadelphia, Philadelphia County, Pennsylvania
Source: Ownwell
$673
$4,175
$7,676
Average Philadelphia Tax Bill
$1,943
Average Philadelphia County Tax Bill
$1,943
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Philadelphia, Philadelphia County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19102 | $2,139 | $3,042 | $4,099 | $7,353 | $14,592 |
| 19103 | $1,907 | $3,371 | $5,864 | $10,501 | $18,467 |
| 19104 | $371 | $767 | $1,941 | $4,758 | $6,869 |
| 19106 | $2,412 | $3,297 | $4,509 | $7,667 | $14,388 |
| 19107 | $1,376 | $2,343 | $3,630 | $5,460 | $8,619 |
| 19111 | $1,432 | $2,016 | $2,494 | $3,150 | $3,719 |
| 19114 | $1,517 | $2,172 | $2,475 | $3,322 | $3,813 |
| 19115 | $1,646 | $2,392 | $3,169 | $4,115 | $4,971 |
| 19116 | $1,971 | $2,665 | $3,248 | $3,922 | $4,395 |
| 19118 | $3,969 | $5,442 | $7,676 | $11,879 | $18,629 |
| 19119 | $1,163 | $1,988 | $3,278 | $5,116 | $7,874 |
| 19120 | $518 | $801 | $1,436 | $1,831 | $2,249 |
| 19121 | $393 | $702 | $1,281 | $2,462 | $4,629 |
| 19122 | $593 | $1,187 | $2,198 | $3,208 | $4,495 |
| 19123 | $1,378 | $1,983 | $3,694 | $5,479 | $7,942 |
| 19124 | $529 | $875 | $1,344 | $1,918 | $2,298 |
| 19125 | $1,037 | $1,645 | $2,680 | $3,793 | $5,311 |
| 19126 | $936 | $1,208 | $2,005 | $2,597 | $3,530 |
| 19127 | $1,852 | $2,468 | $3,099 | $3,735 | $4,538 |
| 19128 | $1,925 | $2,501 | $3,136 | $3,891 | $4,792 |
| 19129 | $626 | $1,584 | $2,775 | $3,980 | $6,263 |
| 19130 | $1,428 | $2,655 | $4,198 | $6,326 | $8,779 |
| 19131 | $284 | $519 | $1,057 | $1,827 | $3,185 |
| 19132 | $288 | $356 | $673 | $869 | $1,246 |
| 19133 | $210 | $395 | $682 | $1,013 | $1,555 |
| 19134 | $381 | $717 | $1,015 | $1,811 | $2,683 |
| 19135 | $876 | $1,225 | $1,748 | $2,312 | $2,701 |
| 19136 | $1,013 | $1,551 | $2,049 | $2,668 | $3,298 |
| 19137 | $1,014 | $1,465 | $1,951 | $2,556 | $3,151 |
| 19138 | $543 | $1,008 | $1,397 | $1,981 | $2,480 |
| 19139 | $284 | $504 | $999 | $1,663 | $2,878 |
| 19140 | $235 | $428 | $806 | $1,169 | $1,552 |
| 19141 | $535 | $809 | $1,274 | $1,929 | $2,450 |
| 19142 | $182 | $493 | $1,085 | $1,300 | $1,837 |
| 19143 | $284 | $496 | $1,016 | $1,806 | $3,606 |
| 19144 | $504 | $934 | $1,580 | $2,477 | $3,495 |
| 19145 | $1,046 | $1,659 | $2,223 | $3,059 | $4,450 |
| 19146 | $654 | $1,486 | $2,779 | $5,739 | $8,449 |
| 19147 | $1,638 | $2,895 | $4,513 | $6,760 | $8,962 |
| 19148 | $1,176 | $1,646 | $2,403 | $3,204 | $4,192 |
| 19149 | $1,200 | $1,722 | $2,248 | $2,665 | $3,174 |
| 19150 | $1,246 | $1,425 | $2,010 | $2,548 | $3,059 |
| 19151 | $680 | $1,081 | $1,548 | $2,336 | $3,317 |
| 19152 | $1,999 | $2,202 | $2,749 | $3,334 | $3,995 |
| 19153 | $532 | $966 | $1,464 | $2,019 | $2,653 |
| 19154 | $1,971 | $2,275 | $2,504 | $3,130 | $3,586 |
Source: Ownwell