According to an interactive map designed by the Pew Charitable Trusts, the tax burden for a hypothetical family of two adults and two children in Norristown is an average 17.1%, or an average of $10,245 annually – higher than many of our neighboring towns.
The chart shows what a family pays in property, income and sales taxes in each municipality studied in 2000 versus 2012 and using regional averages to calculate the figures. The study does not measure actual taxes paid by real families.
According to Pew, the median household income for the entire region in 2000 was $47,500, and has increased to $60,000 in 2012. Home values in 2000 were an average $109,250, compared to $186,000 in 2012.
Figures for our neighbors are also viewable in the map. Average tax burdens for our closest neighbors were figured at:
- West Norriton – 15.4%
- East Norriton – 15.2%
- Plymouth – 12.7%
- Bridgeport – 14.7%
You can check other Philadelphia are municipalities on the Pew's map here and you can download the full report in our PDF section.