Bryn Mawr, Montgomery County, Pennsylvania Property Taxes

Name: Property Tax Bills Across Bryn Mawr, Montgomery County, Pennsylvania
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median BRYN MAWR, 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 BRYN MAWR, PA home value: $406,670
Median annual BRYN MAWR, PA tax bill: $16,275, $13,875 higher than the national median property tax bill of $2,400.

How are property taxes in Montgomery calculated?

Property taxes in BRYN MAWR, 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 BRYN MAWR’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in BRYN MAWR, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Bryn Mawr, Montgomery County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

Estimate Property Tax Bill

$16,267

$15,095

Ownwell’s Bryn Mawr Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bryn Mawr with just two data points.

By entering your property's estimated assessed value, our calculator applies Bryn Mawr’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Montgomery County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Bryn Mawr, Montgomery County, Pennsylvania

Local government entities are responsible for setting tax rates, which can vary widely within a state. Each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the basic annual process.

Bryn Mawr in Montgomery County, PA, stands out with an effective property tax rate of 4.00%. This rate is significantly higher than the national median property tax rate of 1.02% and the national median property tax bill of $2400. Such a high rate can impact property owners, making it crucial for residents to explore possible exemptions or appeal options to manage their tax liabilities effectively. Comparing Bryn Mawr's rate to other cities within Pennsylvania and the broader U.S. landscape highlights the importance of understanding local tax dynamics and seeking professional guidance to navigate them.

Property Tax Rates Across Bryn Mawr, 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 Bryn Mawr Tax Rate

4.00%

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 Bryn Mawr, Montgomery County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
19010	4.00%	4.00%	4.00%	4.00%	4.00%

Source: Ownwell

Property Tax Assessment Values Across Bryn Mawr, Montgomery County, Pennsylvania

When examining property taxes in Bryn Mawr, 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. Assessment notices: Montgomery County sends assessment notices 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 Bryn Mawr. For example, the median home price in Bryn Mawr is $406,670, with tax bills ranging significantly across the county. 19010 has the highest median home price at $406,670.

Property Tax Assessment Values Across Bryn Mawr, Montgomery County, Pennsylvania

Source: Ownwell

$67,160

$296,195

$525,230

Median Bryn Mawr Market Value

$406,670

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 Bryn Mawr, Montgomery County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
19010	$90,052	$140,400	$406,670	$599,445	$838,428

Source: Ownwell

Property Tax Bills Across Bryn Mawr, Montgomery County, Pennsylvania

In Bryn Mawr, Montgomery County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local property tax rate to determine the tax bill. Homeowners in Bryn Mawr face a median property tax bill of $16,275, significantly higher than the national median of $2,400. Factors such as location, property size, and market conditions can influence the assessed value. This high tax bill can place a financial burden on homeowners, making it essential to explore ways to reduce it. Ownwell offers a solution by providing expert property tax appeal and exemption services. By leveraging local market knowledge and legal expertise, Ownwell helps homeowners challenge their property assessments, potentially leading to substantial savings. With Ownwell's assistance, homeowners in Bryn Mawr can navigate the complexities of property tax appeals, ensuring they pay only their fair share and keep more money in their pockets.

Property Tax Bills Across Bryn Mawr, Montgomery County, Pennsylvania

Source: Ownwell

$2,471

$12,110

$21,748

Median Bryn Mawr Tax Bill

$16,275

Median Montgomery County Tax Bill

$5,764

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Bryn Mawr, Montgomery County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
19010	$3,604	$5,619	$16,275	$23,965	$33,558

Source: Ownwell