Oaks, Montgomery County, Pennsylvania Property Taxes
Median OAKS, PA effective property tax rate: 3.68%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median OAKS, PA home value: $127,010
Median annual OAKS, PA tax bill: $4,681, $2,281 higher than the national median property tax bill of $2,400.
How are property taxes in Montgomery calculated?
Property taxes in OAKS, 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 OAKS’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in OAKS, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Oaks, Montgomery County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.68%
Estimate Property Tax Bill
$4,674
$4,337
Property Tax Rates Across Oaks, Montgomery County, Pennsylvania
Local government entities determine tax rates, which can vary significantly within a state. This is because each year, counties estimate the budget needed to provide services and divide that by the total assessed value of all taxable property in their area. This calculation results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell.
Comparing Oaks in Montgomery County, Pennsylvania, to other cities in the state and across the nation reveals interesting insights. Oaks has an effective property tax rate of 3.68%, which is significantly higher than the national median property tax rate of 1.02%. This rate is also the highest within its state, making it a crucial consideration for property owners in Oaks. The high property tax rate reflects the local government's budgetary needs and the value of properties in the area. Understanding these rates is essential for homeowners who want to manage their property tax liabilities effectively.
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 Oaks Tax Rate
3.68%
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
3.94%
Median Effective Pennsylvania Tax Rate
2.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Oaks, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19456 | 3.68% | 3.68% | 3.68% | 3.68% | 3.68% |
Source: Ownwell
Property Tax Assessment Values Across Oaks, Montgomery County, Pennsylvania
When examining property taxes in Oaks, 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 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 March. 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 Oaks.
For example, the median home price in Oaks is $127,010, with tax bills ranging significantly across the county. ZIP code 19456 has the highest median home price at $127,010.
Property Tax Assessment Values Across Oaks, Montgomery County, Pennsylvania
Source: Ownwell
$67,160
$296,195
$525,230
Median Oaks Market Value
$127,010
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 Oaks, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19456 | $104,234 | $114,440 | $127,010 | $160,175 | $215,716 |
Source: Ownwell
Property Tax Bills Across Oaks, Montgomery County, Pennsylvania
In Oaks, Montgomery County, PA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value, and this, combined with the county's tax rate, determines the annual property tax bill. Homeowners in Oaks face a median property tax bill significantly higher than the national median of $2,400, with the 25th percentile at $4,212 and the 75th percentile reaching $5,894. This can represent a substantial financial burden compared to the national median property tax rate of 1.02%.
Factors influencing tax bills include changes in property value, local government budgets, and tax rate adjustments. For homeowners, a high property tax bill can impact affordability and financial planning. Ownwell offers a valuable service by helping homeowners appeal their property tax assessments and identify potential exemptions. By leveraging local expertise and a deep understanding of the appeals process, Ownwell can assist homeowners in reducing their tax burden, ensuring they only pay their fair share.
Median Oaks Tax Bill
$4,681
Median Montgomery County Tax Bill
$5,764
Median Pennsylvania Tax Bill
$3,063
Median United States Tax Bill
$2,400
Property Tax Bills Across Oaks, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19456 | $3,836 | $4,212 | $4,681 | $5,894 | $7,938 |
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 |