Property Taxes in Philadelphia, Pennsylvania
Median Philadelphia, Pennsylvania effective property tax rate: 4.71%, significantly higher than the national median of 1.02%, and higher than the Pennsylvania state median of 2.75%.
Median Philadelphia, Pennsylvania home value: $240,920
Median annual Philadelphia, Pennsylvania tax bill: $11,348, $8,948 higher than the national median property tax bill of $2,400.
How are property taxes in Montgomery calculated?
Property taxes in Philadelphia, 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 Philadelphia's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Philadelphia, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Philadelphia Property Tax Calculator Work?
Use this Philadelphia property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Philadelphia's median effective tax rate of 4.71% — based on actual property records in Montgomery County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Philadelphia'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 Philadelphia: rates range from $10,281 in 19118 to $21,159 in 19128, primarily due to differences in school district levies and local assessment districts.
Philadelphia’s median property tax rate is higher than the 1.02% national median, and the median bill of $11,348 is higher than the $2,400 national median. For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Philadelphia.
About Philadelphia Property Taxes
About Property Taxes in Philadelphia, Montgomery, Pennsylvania
Philadelphia’s median effective property tax rate of 4.71% 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 Philadelphia. Homeowners in the 19118 ZIP code carry a median effective rate of 4.71%, while those in 19128 pay 4.71%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Montgomery County. Understanding which part of Philadelphia you live in can make a meaningful difference to your annual tax bill.
Philadelphia homeowners who believe their assessed value is too high can file a formal appeal with the local 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 Philadelphia, 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 Philadelphia'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 Philadelphia, 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 Philadelphia Tax Rate
4.71%
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 Philadelphia, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19118 | 4.71% | 4.71% | 4.71% | 4.71% | 4.71% |
| 19128 | 4.71% | 4.71% | 4.71% | 4.71% | 4.71% |
| 19102 | N/A | N/A | N/A | N/A | N/A |
| 19115 | N/A | N/A | N/A | N/A | N/A |
| 19130 | N/A | N/A | N/A | N/A | N/A |
| 19244 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Philadelphia, Montgomery County, Pennsylvania
When examining property taxes in Philadelphia, 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 the month.
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 Philadelphia.
For example, the median home price in Philadelphia is $240,920, with tax bills ranging significantly across the county. Zip code 19128 has the highest median home price at $449,200.
Property Tax Assessment Values Across Philadelphia, Montgomery County, Pennsylvania
Source: Ownwell
$67,095
$340,923
$614,750
Median Philadelphia Market Value
$240,920
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 Philadelphia, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19118 | $135,916 | $165,630 | $218,260 | $328,280 | $506,186 |
| 19128 | $49,512 | $239,955 | $449,200 | $742,765 | $882,448 |
| 19102 | N/A | N/A | N/A | N/A | N/A |
| 19115 | N/A | N/A | N/A | N/A | N/A |
| 19130 | N/A | N/A | N/A | N/A | N/A |
| 19244 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Philadelphia, Montgomery County, Pennsylvania
Philadelphia property tax bills are calculated by multiplying a home’s assessed value by the local tax rate. The assessed value is based on the market value of the property, which means homes with higher values generally face larger bills. In Philadelphia, the median home price is $240,920, and tax bills can vary widely depending on location and assessment.
For many homeowners, the tax bill is a major part of annual housing costs. The 25th percentile tax bill is $7,722, while the 75th percentile reaches $22,334. At the high end, the 90th percentile tax bill is $35,888, showing how quickly costs can rise for more expensive or more heavily taxed homes.
Tax bills also differ by neighborhood. The highest median tax bill is $21,159 in ZIP code 19128, while the lowest median tax bill is $10,281 in ZIP code 19118. Compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400, Philadelphia homeowners often pay substantially more.
Property Tax Bills Across Philadelphia, Montgomery County, Pennsylvania
Source: Ownwell
$2,589
$11,874
$21,159
Median Philadelphia Tax Bill
$11,348
Median Montgomery County Tax Bill
$5,995
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$3,209
Property Tax Bills Across Philadelphia, Montgomery County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19118 | $6,402 | $7,802 | $10,281 | $15,464 | $23,843 |
| 19128 | $2,332 | $11,302 | $21,159 | $34,398 | $38,785 |
| 19102 | N/A | N/A | N/A | N/A | N/A |
| 19115 | N/A | N/A | N/A | N/A | N/A |
| 19130 | N/A | N/A | N/A | N/A | N/A |
| 19244 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 1 |
Links | |
|---|---|
| Montgomery Tax Assessor | |
| Website | propertyrecords.montcopa.org |