Bally, Montgomery County, Pennsylvania Property Taxes
Median Bally, PA effective property tax rate: 3.75%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Bally, PA home value: $260,320
Median annual Bally, PA tax bill: $9,774, $7,374 higher than the national median property tax bill of $2,400.
How are property taxes in Montgomery calculated?
Property taxes in Bally, 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 Bally’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bally, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bally, Montgomery County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.75%
Estimate Property Tax Bill
$9,762
$9,059
Property Tax Rates Across Bally, Montgomery County, Pennsylvania
Local government entities set property tax rates, which can vary significantly within Pennsylvania. Each year, counties like 42091 estimate the budget necessary to provide essential services. This budget is then divided by the total assessed value of all taxable properties within the county, resulting in the property tax rate. While the process involves votes and laws to finalize tax rates and budgets, this annual calculation forms the core of how property taxes are determined.
In Bally, the property tax rate is notably higher than both the state and national medians. With a rate of 3.75%, Bally's property owners face a significantly higher tax burden compared to the national median property tax rate of 1.02%. This difference highlights the variability in property tax rates not only within Pennsylvania but also across the United States. Understanding these differences is crucial for property owners in Bally, as it directly impacts their annual property tax bills and overall financial planning.
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 Bally Tax Rate
3.75%
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 Bally, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19503 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Bally, Montgomery County, Pennsylvania
When examining property taxes in Bally, 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 May. 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 Bally. For example, the median home price in Bally is $260,320, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Bally, Montgomery County, Pennsylvania
Source: Ownwell
$67,160
$296,195
$525,230
Median Bally Market Value
$260,320
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 Bally, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19503 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Bally, Montgomery County, Pennsylvania
In Bally, located in Montgomery County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the county's assessment office. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. In Bally, the median home price is $260,320, significantly higher than the national median. Consequently, property tax bills can be quite substantial.
For homeowners in Bally, the tax bill at the 25th, 75th, and 90th percentiles is approximately $9,774, which is considerably higher than the national median property tax bill of $2,400. This can place a significant financial burden on homeowners, especially when compared to the national median property tax rate of 1.02%.
Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing your property's assessed value and comparing it to similar properties, Ownwell can identify discrepancies and potentially lower your tax bill. This service helps Bally homeowners reduce their financial burden and ensures they are not overpaying on their property taxes.
Median Bally Tax Bill
$9,774
Median Montgomery County Tax Bill
$5,764
Median Pennsylvania Tax Bill
$3,063
Median United States Tax Bill
$2,400
Property Tax Bills Across Bally, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19503 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Montgomery Tax Assessor | |
| Website | propertyrecords.montcopa.org |