Bala Cynwyd, Montgomery County, Pennsylvania Property Taxes
Median Bala Cynwyd, PA effective property tax rate: 4.00%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Bala Cynwyd, PA home value: $192,690
Median annual Bala Cynwyd, PA tax bill: $7,708, $5,308 higher than the national median property tax bill of $2,400.
How are property taxes in Montgomery calculated?
Property taxes in Bala Cynwyd, PA 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 Bala Cynwyd’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bala Cynwyd, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bala Cynwyd, Montgomery County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
4%
Estimate Property Tax Bill
$7,708
$7,152
Property Tax Rates Across Bala Cynwyd, Montgomery County, Pennsylvania
Local government entities set tax rates, and these can vary significantly within Pennsylvania. Each county calculates its annual budget needs for essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. This process, while it involves votes and laws, is essentially how rates are determined each year.
In Bala Cynwyd, located in Montgomery County, the effective property tax rate is notably higher than both the state and national medians. While the national median property tax rate is 1.02%, Bala Cynwyd's rate stands at 4.00%, which is significantly above the national average. This places a higher financial burden on property owners in Bala Cynwyd compared to other areas.
When comparing this with other cities in Pennsylvania, Bala Cynwyd's property tax rate is among the highest in the state. This highlights the importance of understanding local tax obligations and considering property tax appeal and exemption services to potentially alleviate some of the financial pressure.
Property Tax Rates Across Bala Cynwyd, Montgomery County, Pennsylvania
Source: Ownwell
1.55%
4.08%
6.60%
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 Bala Cynwyd Tax Rate
4.00%
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 Montgomery County Tax Rate
3.94%
Median Effective Pennsylvania Tax Rate
2.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bala Cynwyd, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19004 | 4.00% | 4.00% | 4.00% | 4.00% | 4.00% |
Source: Ownwell
Property Tax Assessment Values Across Bala Cynwyd, Montgomery County, Pennsylvania
When examining property taxes in Bala Cynwyd, PA, 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 Montgomery County appraisal district 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.
In Montgomery County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Bala Cynwyd. For example, the median home price in Bala Cynwyd is $192,690, with tax bills ranging significantly across the county. Zip code 19004 has the highest median home price at $192,690.
Property Tax Assessment Values Across Bala Cynwyd, Montgomery County, Pennsylvania
Source: Ownwell
$67,160
$296,195
$525,230
Median Bala Cynwyd Market Value
$192,690
Median Montgomery County Market Value
$143,105
Median Pennsylvania Market Value
$114,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bala Cynwyd, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19004 | $70,680 | $120,610 | $192,690 | $262,030 | $326,796 |
Source: Ownwell
Property Tax Bills Across Bala Cynwyd, Montgomery County, Pennsylvania
Property Tax Bills Across Bala Cynwyd, Montgomery County, Pennsylvania
Source: Ownwell
$2,471
$12,110
$21,748
Median Bala Cynwyd Tax Bill
$7,708
Median Montgomery County Tax Bill
$5,764
Median Pennsylvania Tax Bill
$3,063
Median United States Tax Bill
$2,400
Property Tax Bills Across Bala Cynwyd, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19004 | $2,829 | $4,824 | $7,708 | $10,487 | $13,078 |
Source: Ownwell