Property Taxes in Folsom, Pennsylvania
Median Folsom, Pennsylvania effective property tax rate: 3.47%, significantly higher than the national median of 1.02%, and higher than the Pennsylvania state median of 2.75%.
Median Folsom, Pennsylvania home value: $184,020
Median annual Folsom, Pennsylvania tax bill: $6,385, $3,985 higher than the national median property tax bill of $2,400.
How are property taxes in Delaware calculated?
Property taxes in Folsom, Pennsylvania are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Folsom's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Folsom, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Folsom Property Tax Calculator Work?
Use this Folsom property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Folsom's median effective tax rate of 3.47% — based on actual property records in Delaware County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Folsom's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Folsom's bill is higher than Pennsylvania's median tax rate of 2.75% and higher than the national median property tax rate of 1.02%. The median property tax bill is $6,385, which is $3,985 higher than the state median bill and above the national median property tax bill of $2,400.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Folsom.
About Folsom Property Taxes
About Property Taxes in Folsom, Delaware, Pennsylvania
Folsom’s median effective property tax rate of 3.47% is higher than the Pennsylvania state median of 2.75% and higher than the national median of 1.02%. This rate reflects the Delaware County base levy combined with local school district levies and special taxing districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Folsom. Homeowners in ZIP code 19033 carry a median effective rate of 3.47%, while those in the same ZIP code also pay 3.47%. This means there is no spread across the city, but the rate is still shaped by how local taxing jurisdictions are drawn in Delaware County. Understanding your assessed value and local levy structure can help explain your annual tax bill.
Folsom homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before August 1, 2026.
If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Folsom, Delaware County, Pennsylvania
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Folsom's effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Folsom Tax Rate
3.47%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Delaware County Tax Rate
2.81%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Folsom, Delaware County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19033 | 3.47% | 3.47% | 3.47% | 3.47% | 3.47% |
Source: Ownwell
Property Tax Assessment Values Across Folsom, Delaware County, Pennsylvania
When examining property taxes in Folsom, Pennsylvania, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Delaware County assessment office estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices are sent in March each year and typically reach your mailbox by the middle of the month. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill.
For example, the median home price in Folsom is $184,020, with a median tax bill of $6,385. That is well above the national median property tax bill of $2,400.
Property Tax Assessment Values Across Folsom, Delaware County, Pennsylvania
Source: Ownwell
$40,360
$715,680
$1,391,000
Median Folsom Market Value
$184,020
Median Delaware County Market Value
$198,010
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$274,101
Property Tax Assessment Values Across Folsom, Delaware County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19033 | $152,250 | $164,860 | $184,020 | $209,595 | $236,980 |
Source: Ownwell
Property Tax Bills Across Folsom, Delaware County, Pennsylvania
Property tax bills in Folsom are calculated by applying local tax rates to the assessed value of a home, which is based on the market value of the property. The amount a homeowner owes depends on the home’s assessed value, any applicable exemptions, and the taxing authorities that levy taxes in Delaware County.
With a median home price of $184,020, property taxes can represent a significant annual cost for homeowners. The median tax bill in the area is $6,385, which is well above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
For many homeowners, a higher assessed value can lead to a larger bill, even if the home has not recently sold. Understanding how the assessment is determined matters because it directly affects what you pay each year.
Median Folsom Tax Bill
$6,385
Median Delaware County Tax Bill
$5,963
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$3,209
Property Tax Bills Across Folsom, Delaware County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19033 | $5,291 | $5,724 | $6,385 | $7,278 | $8,221 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 1 |
Links | |
|---|---|
| Delaware Tax Assessor | |
| Website | delcorealestate.co.delaware.pa.us |