Lehigh Valley homeowners’ property taxes went up $992 from 2007 to 2017, according to a study by ValuePenguin.
The study indicates a 0.48 percent in effective property tax on owner-occupied homes in the metropolitan area, which includes the cities of Allentown, Bethlehem and Easton in Pennsylvania, and the Phillipsburg area in New Jersey.
Meanwhile, the median home value in the region dropped $2,000.
The study found that an average increase of $481 over the time period nationally. The Lehigh Valley increase was just above twice the average.
ValuePenguin calculated effective tax rates using median taxes paid and home values. Using that method, Rochester, New York homeowners paid the highest effective rate, at 2.95 percent (more than six times the Lehigh Valley effective rate) while residents of the Bridgeport, Stamford and Norwalk region of Connecticut paid the highest amount in dollars at $7,436.
New York-based ValuePenguin says it helps consumer make financial decisions involving credit cards, insurance, bank accounts and more. The ValuePenguin website also includes paid advertising.
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