Prompton, Wayne County, Pennsylvania Property Taxes
Median Prompton, PA effective property tax rate: 2.23%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Prompton, PA home value: $177,750
Median annual Prompton, PA tax bill: $3,955, $1,555 higher than the national median property tax bill of $2,400.
How are property taxes in Wayne calculated?
Property taxes in Prompton, 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 Prompton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Prompton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Prompton, Wayne County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.65%
Estimate Property Tax Bill
$2,933
$2,722
Property Tax Rates Across Prompton, Wayne County, Pennsylvania
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 Prompton Tax Rate
1.65%
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 Wayne County Tax Rate
1.63%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Prompton, Wayne County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18456 | 1.62% | 1.62% | 1.65% | 1.69% | 1.69% |
Source: Ownwell
Property Tax Assessment Values Across Prompton, Wayne County, Pennsylvania
When examining property taxes in Prompton, 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 Wayne 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.
In Wayne 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 Prompton.
For example, the median home price in Prompton is $177,750, with tax bills ranging significantly across the county. Zip code 18456 has the highest median home price at $177,750.
Property Tax Assessment Values Across Prompton, Wayne County, Pennsylvania
Source: Ownwell
$6,400
$150,800
$295,200
Median Prompton Market Value
$177,750
Median Wayne County Market Value
$182,100
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Prompton, Wayne County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18456 | $77,490 | $127,150 | $177,750 | $248,975 | $302,180 |
Source: Ownwell
Property Tax Bills Across Prompton, Wayne County, Pennsylvania
In Prompton, located in Wayne County, PA, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in Prompton is $177,750, which influences the overall tax bill. Homeowners in this area typically see tax bills ranging from $2,889 at the 25th percentile to $5,559 at the 75th percentile, with the 90th percentile reaching up to $6,763. The highest and lowest median tax bill in the area is $3,955, which is above the national median property tax bill of $2,400. This indicates that property taxes in Prompton can be a significant financial burden for homeowners.
Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By reviewing property assessments and identifying potential discrepancies, Ownwell helps homeowners reduce their tax liabilities. This service can lead to substantial savings, ensuring homeowners are not overpaying on their property taxes and can better manage their financial responsibilities.
Median Prompton Tax Bill
$2,931
Median Wayne County Tax Bill
$3,056
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Prompton, Wayne County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18456 | $1,253 | $2,115 | $2,931 | $4,158 | $5,030 |
Source: Ownwell