Philadelphia Property Tax Calculator 2026 (Official Rate & Estimate)

How it works

Philadelphia property tax is calculated by applying the official secured property tax rate to the assessed value of the property. The City of Philadelphia Department of Revenue administers and bills real estate taxes. The Philadelphia Office of Property Assessment determines assessed values for real property. Pennsylvania does not use a fixed statewide base property tax rate. In Philadelphia, the total property tax rate is set locally and combines the City of Philadelphia rate with the School District of Philadelphia rate. Assessed value is not necessarily the same as market value. It is determined by the Office of Property Assessment and may change after reassessments, property sales, or improvements. This calculator multiplies the assessed value by the official secured property tax rate to estimate annual Philadelphia property tax.

Examples

Example 1: Using the official secured property tax rate of 1.3998%, an assessed value of $500,000 results in an estimated annual property tax of approximately $6,999. Example 2: An assessed value of $800,000 results in an estimated annual property tax of approximately $11,198. Example 3: An assessed value of $1,200,000 results in an estimated annual property tax of approximately $16,798. These examples use the official secured property tax rate but do not include exemptions, penalties, supplemental assessments, or parcel-specific charges that may appear separately on an official Philadelphia property tax bill.

What affects your property tax

- Assessed value determined by the Office of Property Assessment - Official secured property tax rate - Local government and school district funding requirements - Reassessments after property sales or improvements - Parcel-specific charges, exemptions, corrections, or penalties Properties with similar market values can have different property tax bills because assessed values, reassessment timing, exemptions, and parcel-specific charges may differ.

Limitations and important notes

This calculator provides an estimate only and does not replace an official Philadelphia property tax bill. Actual amounts may differ because of exemptions such as the Homestead Exemption, reassessments, supplemental assessments, parcel-specific charges, penalties, corrections to assessed value, or other property-specific factors. Official property tax bills are issued by the City of Philadelphia Department of Revenue. Assessed values are determined by the Philadelphia Office of Property Assessment. Always confirm your final amount using your official tax bill or the appropriate Philadelphia tax authority.

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