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Real Estate
Reply to "Help me understand property taxes in Pennsylvania"
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[quote=Anonymous]The taxes are local (the rates here don’t have to do with “Pennsylvania”) and there is not much of a commercial base in some of these areas (Malvern) and school districts/townships are small. All this contributes to higher tax rates. Schools and services are generally very good, though. Go look at NJ or NY if you want to see high taxes! These are moderate, comparatively. Moco MD is very low. I am pretty sure in my township they are reassessed when people move, but the assessed value is never close to the sales price. I think it might exclude the house and just be land?? Not sure though.[/quote]
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