Gulph Mills, Montgomery County, Pennsylvania Property Taxes
Median GULPH MILLS, PA effective property tax rate: 2.97%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median GULPH MILLS, PA home value: $252,455
Median annual GULPH MILLS, PA tax bill: $7,504, $5,104 higher than the national median property tax bill of $2,400.
How are property taxes in Montgomery calculated?
Property taxes in GULPH MILLS, 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 GULPH MILLS’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in GULPH MILLS, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Gulph Mills, Montgomery County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.08%
Estimate Property Tax Bill
$7,776
$7,216
Ownwell’s Gulph Mills Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Gulph Mills with just two data points.
By entering your property's estimated assessed value, our calculator applies Gulph Mills’ 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 Gulph Mills, 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 Gulph Mills’ effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S.
In Gulph Mills, located in Montgomery County, property owners face a notably higher effective tax rate compared to the national median. The rate here is significantly above the U.S. median property tax rate of 1.02%. This discrepancy highlights how local governance and budgetary needs can impact property owners. When juxtaposed with other areas in Pennsylvania, Gulph Mills stands out for its higher tax rate, which is consistent across the county. Understanding these differences is crucial for property owners looking to manage their expenses effectively.
Property Tax Rates Across Gulph Mills, 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 Gulph Mills Tax Rate
3.08%
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
1.02%
Property Tax Rates Across Gulph Mills, Montgomery County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19428 | 3.08% | 3.08% | 3.08% | 3.08% | 3.08% |
Source: Ownwell
Property Tax Assessment Values Across Gulph Mills, Montgomery County, Pennsylvania
When examining property taxes in Gulph Mills, 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 Gulph Mills. For example, the median home price in Gulph Mills is $252,455, with tax bills ranging significantly across the county. Zip code 19428 has the highest median home price at $252,455.
Property Tax Assessment Values Across Gulph Mills, Montgomery County, Pennsylvania
Source: Ownwell
$67,095
$340,923
$614,750
Median Gulph Mills Market Value
$252,455
Median Montgomery County Market Value
$143,130
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Gulph Mills, Montgomery County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19428 | $212,849 | $215,542 | $252,455 | $270,562 | $275,441 |
Source: Ownwell
Property Tax Bills Across Gulph Mills, Montgomery County, Pennsylvania
Property Tax Bills Across Gulph Mills, Montgomery County, Pennsylvania
Source: Ownwell
$2,589
$11,874
$21,159
Median Gulph Mills Tax Bill
$7,780
Median Montgomery County Tax Bill
$5,995
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Gulph Mills, Montgomery County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
19428 | $6,559 | $6,643 | $7,780 | $8,338 | $8,489 |
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 |