Delaware County · Taxes & Tax Breaks

    Villanova, PA Property Taxes & Tax Break Programs

    How the millage works

    Delaware / Montgomery County + township + school district millage — the specific district follows the property parcel. You pay three separate bills: county (Delaware), municipal (Radnor / Lower Merion), and school district (Radnor Township SD / Lower Merion SD). School district millage is usually the largest of the three.

    Applicable tax breaks for this town

    1. Homestead / Farmstead Exclusion 2. PA Property Tax/Rent Rebate

    How to apply

    Homestead / Farmstead Exclusion: file once with the Delaware County Board of Assessment (deadline March 1). PA Property Tax/Rent Rebate: file annually with the PA Department of Revenue (Form PA-1000). LERTA / KOZ programs: coordinate with the municipality's economic development office before closing on a rehab or new-construction property.

    Estimating your bill

    To estimate: multiply the parcel's assessed value (not market value) by the combined millage per $1,000. In Delaware County, assessments are usually a fraction of market value — the "Common Level Ratio" (CLR) published annually by the PA State Tax Equalization Board reconciles the two.

    Villanova — Taxes & Tax Breaks — FAQs

    The combined county + township + school district effective rate is approximately 1.9%–2.4% of market value. Your actual bill is set by the parcel's assessed value × total millage.

    Any owner-occupied primary residence in Delaware County. File Form 71-101 with the Delaware County Board of Assessment by March 1. It reduces the school district portion of your bill.

    Villanova does not currently offer a broad LERTA or KOZ program, but neighboring municipalities do. Ask Saiid for a shortlist of tax-advantaged parcels in the corridor.