Hanover Twp, Luzerne County, Pennsylvania Property Taxes

Name: Property Tax Bills Across Hanover Twp, Luzerne County, Pennsylvania
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Hanover Twp, PA effective property tax rate: 3.06%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Hanover Twp, PA home value: $40,000
Median annual Hanover Twp, PA tax bill: $1,225, $1,175 lower than the national median property tax bill of $2,400.

How are property taxes in Luzerne calculated?

Property taxes in Hanover Twp, PA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Hanover Twp’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hanover Twp, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Hanover Twp, Luzerne County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.06%

Estimate Property Tax Bill

$1,224

$1,136

Ownwell’s Hanover Township Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hanover Township with just two data points. By entering your property's estimated assessed value, our calculator applies Hanover Township’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Luzerne County — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Luzerne County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Hanover Twp, Luzerne County, Pennsylvania

Local government entities are responsible for setting tax rates, which can differ significantly across a state. Each year, counties estimate their budgetary needs to deliver essential services and divide this by the total value of all taxable properties within their borders. This calculation determines the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is essentially the yearly procedure. In Hanover Township, located in Luzerne County, the effective property tax rate is notably higher than the national median of 1.02% and the median property tax rate in Pennsylvania. This discrepancy highlights the variations in tax rates not only within the state but also when compared to national figures. By comparing Hanover Township’s effective property tax rate to other cities in Pennsylvania and the broader U.S. median, property owners can better understand how their taxes stack up. Understanding these differences is crucial for property owners, as it can impact financial planning and property investment decisions.

Property Tax Rates Across Hanover Twp, Luzerne County, Pennsylvania

Source: Ownwell

1.85%

2.53%

3.21%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Hanover Twp Tax Rate

3.06%

Median Effective Luzerne County Tax Rate

2.52%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hanover Twp, Luzerne County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
18706	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Hanover Twp, Luzerne County, Pennsylvania

When examining property taxes in Hanover Twp, PA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Luzerne County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Luzerne County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Hanover Twp. For example, the median home price in Hanover Twp is $40,000, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Hanover Twp, Luzerne County, Pennsylvania

Source: Ownwell

$47,550

$137,425

$227,300

Median Hanover Twp Market Value

$40,000

Median Luzerne County Market Value

$93,900

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hanover Twp, Luzerne County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
18706	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Hanover Twp, Luzerne County, Pennsylvania

In Hanover Township, Pennsylvania, property tax bills are calculated based on the assessed value of a property. The local tax rate is applied to this assessed value to determine the annual tax bill. With a median home price of $40,000, homeowners in Hanover Township typically face property tax bills that can vary significantly. While the 25th percentile tax bill is $334, the 75th percentile reaches $1,378, and the 90th percentile can climb to $2,012. This variation reflects differences in property values and local tax rates, which can affect how much homeowners pay annually.

Compared to the national median property tax rate of 1.02% and a median bill of $2,400, homeowners in Hanover Township may find their tax bills to be relatively moderate. However, ensuring that your property is fairly assessed is crucial. Ownwell offers expert property tax appeal and exemption services, helping homeowners to potentially lower their tax bills. By reviewing your property's assessment and identifying discrepancies, Ownwell can assist in reducing your financial burden, ensuring you pay only what is necessary.

Property Tax Bills Across Hanover Twp, Luzerne County, Pennsylvania

Source: Ownwell

$908

$3,317

$5,725

Median Hanover Twp Tax Bill

$1,225

Median Luzerne County Tax Bill

$2,646

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Hanover Twp, Luzerne County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
18706	N/A	N/A	N/A	N/A	N/A

Source: Ownwell