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Thousands of homeowners face big property tax increases of 50% after reassessment

Published Friday, August 28, 2026

Most Philadelphia homeowners will see slightly higher property tax bills next year after the city conducted a mass reassessment process that resulted in a modest uptick in home values. But for thousands of residents, many of whom live in North Philadelphia, next year’s tax bills are expected to soar. Nearly 6,000 homeowners in Philadelphia saw their property assessments this year climb by more than 50% compared with two years ago, the last time the city conducted a mass revaluation, according to an Inquirer analysis of city property assessment data released in June. Of those homeowners, more than 2,200 saw their assessments more than double. Homeowners across the city saw a median 3% increase in their property assessments this year compared with the 2025 tax year. Jumps were higher in neighborhoods that border gentrifying areas, such as in parts of Kensington and West Philadelphia. The steep rises are clustered in the southern end of Strawberry Mansion, the historically Black neighborhood along the Schuylkill, and in the tiny Hartranft neighborhood north of Temple University and east of Broad Street, where residents are predominantly Latino. Read more here.
Source: Philadelphia Inquirer; 8/24/2026