Home & Garden
Philadelphia Property Taxes Are Going Up. Here's Where Homeowners Can Find Relief.
Mayor Cherelle Parker explained the new assessments and the city's efforts to mitigate the financial impact on residents.
August 6, 2024
PHILADELPHIA (CBS) — Philadelphia homeowners can expect to see increased property tax bills following the city's first property assessment in two years.
Find out what's happening in Philadelphiafor free with the latest updates from Patch.
The average homeowner will pay an extra $330 if they are enrolled in the Homestead Exemption program, a free service that reduces the assessed value of a home by $100,000. Homeowners not enrolled will pay an additional $615 on average, according to a city spokesperson.
At a press conference Monday, Mayor Cherelle Parker explained the new assessments and the city's efforts to mitigate the financial impact on residents. Parker emphasized the importance of signing up for the Homestead Exemption and other available relief programs.
Find out what's happening in Philadelphiafor free with the latest updates from Patch.
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