Merion Station, Montgomery County, Pennsylvania Property Taxes
Median Merion Station, 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 Merion Station, PA home value: $277,040
Median annual Merion Station, PA tax bill: $11,088, $8,688 higher than the national median property tax bill of $2,400.
How are property taxes in Montgomery calculated?
Property taxes in Merion Station, 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 Merion Station’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Merion Station, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Merion Station, Montgomery County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
4.18%
Estimate Property Tax Bill
$11,585
$10,751
Property Tax Rates Across Merion Station, Montgomery County, Pennsylvania
Local government entities are responsible for setting tax rates, leading to significant variations within a state. Annually, each county, including Montgomery, estimates its budgetary requirements to fund essential services. They then divide this budget by the total value of all taxable properties within their jurisdiction, resulting in the property tax rate. This process, while influenced by votes and laws, essentially determines the annual tax rate.
In Merion Station, the effective property tax rate stands at 4.00%, which is notably higher than both the Pennsylvania state median and the national median of 1.02%. This rate is consistent across zip code 19066, reflecting the highest and lowest median tax rates in the area. Such a high rate can significantly impact property owners, making it crucial to explore potential tax appeals or exemptions. Understanding these rates and how they compare to state and national averages can provide valuable insights for property owners looking to manage their tax liabilities effectively.
Property Tax Rates Across Merion Station, 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 Merion Station Tax Rate
4.18%
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 Merion Station, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19066 | 4.18% | 4.18% | 4.18% | 4.18% | 4.18% |
Source: Ownwell
Property Tax Assessment Values Across Merion Station, Montgomery County, Pennsylvania
When examining property taxes in Merion Station, 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 Merion Station.
For example, the median home price in Merion Station is $277,040, with tax bills ranging significantly across the county. The 19066 zip code has the highest median home price at $277,040.
Property Tax Assessment Values Across Merion Station, Montgomery County, Pennsylvania
Source: Ownwell
$67,095
$340,923
$614,750
Median Merion Station Market Value
$277,160
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 Merion Station, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19066 | $132,245 | $197,175 | $277,160 | $347,468 | $459,056 |
Source: Ownwell
Property Tax Bills Across Merion Station, Montgomery County, Pennsylvania
In Merion Station, Montgomery County, PA, property tax bills are calculated based on the assessed value of a home, which is then multiplied by the local tax rate. The median home price here is $277,040, and the median property tax bill is notably higher than the national median, with residents paying around $11,088 annually. This figure is significantly above the national median tax bill of $2,400. The tax bill can vary, with the 25th percentile at $7,864 and the 90th percentile reaching up to $18,363, reflecting the area's diverse property values. This high tax rate can place a substantial financial burden on homeowners, affecting their overall affordability and financial planning.
Ownwell provides expert property tax appeal and exemption services that can help homeowners in Merion Station reduce their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can assist in appealing overvalued assessments, potentially saving homeowners significant amounts annually. This service can alleviate the financial pressure of high property taxes, ensuring homeowners are not overpaying.
Property Tax Bills Across Merion Station, Montgomery County, Pennsylvania
Source: Ownwell
$2,589
$11,874
$21,159
Median Merion Station Tax Bill
$11,576
Median Montgomery County Tax Bill
$5,995
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Merion Station, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19066 | $5,523 | $8,234 | $11,576 | $14,511 | $19,171 |
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 |