Property Taxes in Elkins Park, Pennsylvania
Median Elkins Park, Pennsylvania effective property tax rate: 6.68%, significantly higher than the national median of 1.02%, and higher than the Pennsylvania state median of 2.75%.
Median Elkins Park, Pennsylvania home value: $137,410
Median annual Elkins Park, Pennsylvania tax bill: $8,615, $6,215 higher than the national median property tax bill of $2,400.
How are property taxes in Montgomery County calculated?
Property taxes in Elkins Park, 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 Elkins Park's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Elkins Park, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Elkins Park Property Tax Calculator Work?
Use this Elkins Park property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Elkins Park's median effective tax rate of 6.68% — based on actual property records in Montgomery County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Elkins Park's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Elkins Park: rates range from 6.68% in 19027 to 6.68% in 19027, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Elkins Park.
About Elkins Park Property Taxes
About Property Taxes in Elkins Park, Montgomery, Pennsylvania
Elkins Park’s median effective property tax rate of 6.68% is higher than the Pennsylvania state median of 2.75% and higher than the national median of 1.02%. This rate reflects the Montgomery 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 Elkins Park. Homeowners in the 19027 ZIP code carry a median effective rate of 6.68%, while the lowest rate is also 6.68%. This means the local tax burden is consistent across the area, but it still reflects how school district boundaries and local assessment districts are drawn across Montgomery County.
Elkins Park homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the August 1, 2026 deadline each year.
If your estimated bill above 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 Elkins Park, Montgomery 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 Elkins Park's effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S.
Property Tax Rates Across Elkins Park, Montgomery County, Pennsylvania
Source: Ownwell
1.63%
4.15%
6.68%
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 Elkins Park Tax Rate
6.68%
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
4.18%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Elkins Park, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19027 | 4.63% | 6.68% | 6.68% | 6.68% | 6.68% |
Source: Ownwell
Property Tax Assessment Values Across Elkins Park, Montgomery County, Pennsylvania
When examining property taxes in Elkins Park, 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 Montgomery 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:
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 Elkins Park.
For example, the median home price in Elkins Park is $137,410, with tax bills ranging significantly across the county. 19027 has the highest median home price at $137,410.
Property Tax Assessment Values Across Elkins Park, Montgomery County, Pennsylvania
Source: Ownwell
$67,095
$340,923
$614,750
Median Elkins Park Market Value
$137,410
Median Montgomery County Market Value
$143,130
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$274,101
Property Tax Assessment Values Across Elkins Park, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19027 | $73,000 | $103,280 | $137,410 | $170,312 | $203,576 |
Source: Ownwell
Property Tax Bills Across Elkins Park, Montgomery County, Pennsylvania
Property tax bills in Elkins Park are calculated by applying the local tax rate to a home’s assessed value, not its market price. The assessed value is set by the county and is the starting point for determining what a homeowner owes each year. For homes in Elkins Park, the median home price is $137,410, and the median property tax bill is $8,615, which is well above the national median property tax bill of $2,400.
Several factors can affect the final bill, including the home’s assessed value, local tax rates, and any exemptions or appeals that may lower the taxable amount. Bills can vary widely, with the 25th percentile at $5,629 and the 75th percentile at $11,064, while the 90th percentile reaches $13,116.
For homeowners, this means property taxes can be a major ongoing cost and an important part of annual housing expenses.
Property Tax Bills Across Elkins Park, Montgomery County, Pennsylvania
Source: Ownwell
$2,589
$11,874
$21,159
Median Elkins Park Tax Bill
$8,615
Median Montgomery County Tax Bill
$5,995
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$3,209
Property Tax Bills Across Elkins Park, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19027 | $4,358 | $5,629 | $8,615 | $11,064 | $13,116 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 1 |
Links | |
|---|---|
| Montgomery Tax Assessor | |
| Website | propertyrecords.montcopa.org |