Green Lane, Montgomery County, Pennsylvania Property Taxes

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

Median GREEN LANE, PA effective property tax rate: 3.27%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median GREEN LANE, PA home value: $147,900
Median annual GREEN LANE, PA tax bill: $4,887, $2,487 higher than the national median property tax bill of $2,400.

How are property taxes in Montgomery calculated?

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

Last Updated March 1, 2025

Green Lane, Montgomery County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.27%

Estimate Property Tax Bill

$4,836

$4,488

Ownwell’s Green Lane Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Green Lane with just two data points. By entering your property's estimated assessed value, our calculator applies Green Lane’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 Green Lane, Montgomery County, Pennsylvania

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 Green Lane’s effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S.

In Green Lane, located in Montgomery County, the property tax landscape is notable. The median property tax rate in Green Lane stands at 3.27%, which is considerably higher than the national median property tax rate of 1.02%. This places Green Lane among the areas with the highest property tax rates in the state. While the national median property tax bill is $2,400, residents in Green Lane can expect to pay more due to the higher rate. Understanding these figures is crucial for homeowners, as they directly impact annual expenses and can influence decisions regarding property ownership and investment.

Property Tax Rates Across Green Lane, 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 Green Lane Tax Rate

3.27%

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 Green Lane, Montgomery County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
18054	3.25%	3.27%	3.27%	3.61%	3.75%

Source: Ownwell

Property Tax Assessment Values Across Green Lane, Montgomery County, Pennsylvania

When examining property taxes in Green Lane, 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, typically reaching 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 Green Lane. For example, the median home price in Green Lane is $147,900, with tax bills ranging significantly across the county. 18054 has the highest median home price at $147,900.

Property Tax Assessment Values Across Green Lane, Montgomery County, Pennsylvania

Source: Ownwell

$67,160

$296,195

$525,230

Median Green Lane Market Value

$147,900

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 Green Lane, Montgomery County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
18054	$47,290	$110,090	$147,900	$204,770	$260,300

Source: Ownwell

Property Tax Bills Across Green Lane, Montgomery County, Pennsylvania

In Green Lane, Montgomery County, PA, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is determined by the county and reflects a percentage of the property's market value. Homeowners in Green Lane face a median property tax bill of $4,887, significantly higher than the national median of $2,400. This discrepancy can be attributed to the local tax rate and the assessed value of properties in the area. Factors such as property size, location, and improvements can influence the assessed value, thereby impacting the tax bill. For homeowners, this can mean a substantial financial burden, especially when compared to the national median tax rate of 1.02%. Ownwell offers assistance by helping homeowners appeal their property tax assessments, potentially lowering their tax bills. By reviewing individual assessments and identifying discrepancies, Ownwell can guide homeowners through the appeal process, ensuring they pay only their fair share in property taxes.

Property Tax Bills Across Green Lane, Montgomery County, Pennsylvania

Source: Ownwell

$2,471

$12,110

$21,748

Median Green Lane Tax Bill

$4,887

Median Montgomery County Tax Bill

$5,764

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Green Lane, Montgomery County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
18054	$1,175	$3,606	$4,887	$6,580	$8,297

Source: Ownwell

Don't miss the deadline to appeal!

Dates

Links
Montgomery Tax Assessor
Website	propertyrecords.montcopa.org