Home | Tax Blog | Tax Evaluation | Resources | Common Tax Questions | Back Taxes | Contact Us

Philadelphia Named Most Tax Delinquent City

August 22nd

Philadelphia has officially been declared the most tax delinquent big city in the nation, with more than $471 million in unpaid principal taxes, penalties and interest owed to the city and school district. In Philadelphia one in five property owners are also behind on their property taxes.

There are currently an estimated 110,000 delinquent properties in the city, with an average debt of $4,249. The average tax delinquency period at present is 6.5 years. These properties are not even confined to one area of the city, but rather can be found all over Philadelphia. However, the greatest concentrations can be found in impoverished neighborhoods such as north and southwest Philadelphia.

Tax delinquent properties include everything from mansions on Philadelphia’s pricey Delancey Street and hotels to thousands of vacant lots and homes in the city’s lowest income neighborhoods.

No other big city in the United States even comes close to these numbers.

A Decades-old Problem Grows Worse

The problem of tax debt delinquency in Philadelphia is not a new one. In fact, it is a decades-old issue that has only grown worse in recent years. Though there are 26,330 properties that have been tax delinquent for ten or more years, the past three years have seen the overall number and the total amount owed rise by 10 percent.

Tax sales, generally considered to be the final option for tax enforcement, have slowed to almost none in recent years. Last year there were just 583 tax sales, compared to 1,440 three years ago.

 
 
RSS

Subscribe Now
Social

Follow on FaceBook
News & Events
Monday, August 01, 2011

We are excited to launch our new site LeeTaxHelp.com.
Monday, September 05, 2011

If you think you might be need the advice of a Dallas Bankruptcy Attorney you can view on sister site at http://leebankruptcy.com
Categories
Back Taxes (5) General Tax Information (65) News (39) Payroll Taxes (5) Tax audit (10) Tax Debts (3) Tax deductions (16) Tax Fraud (4) Tax Laws (14) Tax Liens (10) Tax payment plans (14) Tax programs (21) Tax Scams (6) Uncategorized (2)
Recent Posts
Advantages of Using a Tax Debt Lawyer
Tax Debt Relief In 2014
Tax Debt Installment Agreements
Understanding the Five Tax Debt Strategies
Back Taxes: What You Can Do
Archives
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011