Philadelphia property tax calculator 2026
This Philadelphia property tax calculator estimates annual real estate tax using assessed value and a combined City and School District tax rate in decimal form.
Estimates only. Loan terms and approval depend on lender underwriting.
Many U.S. counties use multiple local taxing authorities (county, city, school district, special districts). Enter your combined local millage rate as shown on your annual property tax notice.
Estimated property tax
Enter the assessed value to see the estimated annual property tax.
How it works
Enter the property’s assessed value and the combined City and School District real estate tax rate in decimal form. The estimate multiplies assessed value by the rate you provide.
Examples
If a property has an assessed value of 400,000 and you enter a combined tax rate of 0.013998, the estimated annual real estate tax would be 5,599.
Limitations and important notes
This calculator provides an estimate, not an official tax bill. The City of Philadelphia and the School District of Philadelphia both impose real estate taxes. Exemptions such as the Homestead Exemption and other programs may reduce taxable value but are not automatically included unless modeled.
FAQs
Is Philadelphia property tax based on assessed value?
Yes. Real estate tax is calculated using the property’s assessed value as determined by the Office of Property Assessment.
Does Philadelphia have multiple property tax rates?
Yes. Both the City of Philadelphia and the School District of Philadelphia impose real estate tax rates, which combine into the total rate.
Is the rate uniform across the city?
Yes. The City and School District rates apply uniformly to real estate within Philadelphia.
Does this include the Homestead Exemption?
No. This calculator estimates tax based on the values you enter. Eligible homestead properties may receive an assessed value reduction under city rules.
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Calculations are simplified and for guidance only. Always double-check results and current rules with official sources or a qualified professional before making financial decisions.