Linden, Pennsylvania Property Taxes
The median property tax rate in Linden, PA is 2.47%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Linden at $77,800, the typical annual property tax bill reaches $1,964, which is below the national median of $2,690. Property taxes in Linden are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Linden's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Linden or another part of Lycoming County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Linden, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.47%
Estimate Property Tax Bill
$1,922
Ownwell’s Linden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Linden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Linden to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Linden, Pennsylvania
Property taxes in Linden, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Linden is 2.47%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Linden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Linden estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Linden's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 17744 zip code has the highest median property tax rate of 2.47%, while the same zip code also has the lowest median tax rate of 2.47%. Understanding how these cities compare with Linden provides valuable insights into the varying tax landscape across Lycoming County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Linden Tax Rate
2.47%
Average Lycoming County Tax Rate
2.61%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Linden, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17744 | 2.47% | 2.47% | 2.47% | 2.60% | 2.61% |
Source: Ownwell
Property Tax Assessment Values Across Linden, Pennsylvania
In Linden, Pennsylvania, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Lycoming County Assessment Office for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Linden, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Linden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Linden is $77,800, with the 25th percentile tax bill at $550 and the 75th percentile tax bill at $2,922. The highest and lowest median tax bills are both $1,964 in the 17744 zip code.
Average Linden Assessed Value
$77,800
Average Lycoming County Assessed Value
$87,660
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Linden, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17744 | $8,840 | $22,190 | $77,800 | $116,370 | $149,296 |
Source: Ownwell
Property Tax Bills Across Linden, Pennsylvania
In Linden, property tax bills are calculated based on the assessed value of a home, which is determined by the Lycoming County tax assessor. The assessed value is a percentage of the home's market value. For example, with a median home price of $77,800, the assessed value forms the basis for calculating the tax bill. Various factors such as property size, location, and improvements can influence this assessed value. Once the assessed value is established, the local tax rate is applied to determine the annual property tax bill. In Linden, tax bills can vary significantly. The tax bill at the 25th percentile is around $550, while at the 75th percentile, it rises to approximately $2,922. Homeowners at the 90th percentile might see tax bills as high as $3,753. Compared to the national median property tax rate of 0.99%, these figures highlight the variability within the region. Such fluctuations in property tax bills can impact homeowners' finances, influencing decisions on buying, selling, or investing in property improvements.
Average Linden Tax Bill
$1,964
Average Lycoming County Tax Bill
$2,556
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Linden, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17744 | $219 | $550 | $1,964 | $2,922 | $3,753 |
Source: Ownwell