Lycoming County Property Taxes
The median property tax rate in Lycoming County is 2.61%, which is significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Lycoming County, the typical annual property tax bill reaches $2,556, which is below the national median of $2,690. Property taxes in Lycoming County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Lycoming County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Williamsport or another part of Lycoming County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lycoming County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.61%
Estimate Property Tax Bill
$2,288
Ownwell’s Lycoming Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Lycoming with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Lycoming to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Lycoming County, Pennsylvania
Property taxes in Lycoming County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Lycoming County is 2.61%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Lycoming County set these rates annually, and they can vary significantly between different areas within the county. Each year, Lycoming County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Jersey Shore has one of the higher property tax rates in the county at 3.16%, while the city of Ralston boasts one of the lowest at 2.16%. Analyzing how Lycoming County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Lycoming County Tax Rate
2.61%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lycoming County, Pennsylvania
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Allenwood | 2.51% | 2.51% | 2.51% | 2.51% | 2.51% |
Benton | 2.26% | 2.26% | 2.26% | 2.26% | 2.26% |
Cammal | 2.49% | 2.49% | 2.49% | 2.49% | 2.61% |
Canton | 2.46% | 2.46% | 2.46% | 2.46% | 2.46% |
Cedar Run | 2.61% | 2.61% | 2.61% | 2.61% | 2.61% |
Cogan Station | 2.34% | 2.42% | 2.50% | 2.50% | 2.50% |
Duboistown | 3.03% | 3.03% | 3.03% | 3.03% | 3.03% |
Hillsgrove | 2.45% | 2.45% | 2.45% | 2.45% | 2.45% |
Hughesville | 2.28% | 2.28% | 2.28% | 2.74% | 2.74% |
Jersey Mills | 2.49% | 2.49% | 2.49% | 2.49% | 2.49% |
Jersey Shore | 2.51% | 2.61% | 3.16% | 3.45% | 3.45% |
Lairdsville | 2.26% | 2.26% | 2.26% | 2.26% | 2.26% |
Liberty | 2.49% | 2.49% | 2.49% | 2.49% | 2.49% |
Linden | 2.47% | 2.47% | 2.47% | 2.60% | 2.61% |
Lock Haven | 2.49% | 2.49% | 2.49% | 2.49% | 2.61% |
Millville | 2.26% | 2.26% | 2.26% | 2.26% | 2.26% |
Montgomery | 2.33% | 2.49% | 2.49% | 3.10% | 3.10% |
Montoursville | 2.23% | 2.30% | 2.35% | 2.75% | 2.75% |
Morris | 2.61% | 2.78% | 2.78% | 2.78% | 2.78% |
Muncy | 2.30% | 2.42% | 2.42% | 2.57% | 2.85% |
Muncy Valley | 2.25% | 2.25% | 2.25% | 2.25% | 2.25% |
Picture Rocks | 2.37% | 2.37% | 2.37% | 2.37% | 2.37% |
Ralston | 2.16% | 2.16% | 2.16% | 2.16% | 2.16% |
Roaring Branch | 2.16% | 2.41% | 2.46% | 2.46% | 2.49% |
Salladasburg | 2.55% | 2.55% | 2.55% | 2.55% | 2.55% |
Slate Run | 2.61% | 2.61% | 2.61% | 2.61% | 2.61% |
South Williamsport | 2.56% | 2.67% | 3.03% | 3.03% | 3.03% |
Trout Run | 2.38% | 2.38% | 2.51% | 2.54% | 2.54% |
Unityville | 2.26% | 2.26% | 2.26% | 2.26% | 2.26% |
Waterville | 2.49% | 2.49% | 2.49% | 2.78% | 2.78% |
Watsontown | 2.42% | 2.42% | 2.42% | 2.42% | 2.42% |
Williamsport | 2.24% | 2.65% | 3.03% | 4.00% | 4.00% |
Source: Ownwell
Property Tax Assessment Values Across Lycoming County, Pennsylvania
In Lycoming County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Lycoming County Appraisal District. The assessed value, however, 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. Assessment notices in Lycoming County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For example, Montoursville has the highest median tax bill at $3,042, while Duboistown has the lowest at $477. Being aware of these valuation processes in Lycoming County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Lycoming County, Pennsylvania
Source: Ownwell
$10,885
$65,940
$120,995
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 Lycoming County, Pennsylvania
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Allenwood | $30,883 | $54,942 | $95,145 | $127,288 | $154,589 |
Benton | $39,436 | $54,618 | $95,620 | $115,280 | $135,419 |
Cammal | $17,000 | $31,955 | $48,010 | $67,695 | $103,410 |
Canton | $13,192 | $24,182 | $42,800 | $56,668 | $97,584 |
Cedar Run | $31,992 | $47,195 | $63,150 | $98,600 | $129,172 |
Cogan Station | $21,666 | $69,780 | $107,250 | $147,470 | $187,350 |
Duboistown | $14,231 | $14,802 | $15,755 | $16,708 | $17,279 |
Hillsgrove | $94,500 | $94,500 | $94,500 | $94,500 | $94,500 |
Hughesville | $17,458 | $70,742 | $97,295 | $129,330 | $169,682 |
Jersey Mills | $29,408 | $40,310 | $54,795 | $79,322 | $122,578 |
Jersey Shore | $35,973 | $61,858 | $80,370 | $108,225 | $147,565 |
Lairdsville | $40,090 | $59,890 | $65,840 | $83,935 | $110,610 |
Liberty | $60,195 | $76,520 | $95,250 | $106,755 | $136,404 |
Linden | $8,840 | $22,190 | $77,800 | $116,370 | $149,296 |
Lock Haven | $21,296 | $31,755 | $48,740 | $82,105 | $116,490 |
Millville | $52,798 | $67,270 | $85,985 | $110,262 | $115,673 |
Montgomery | $38,672 | $62,220 | $84,740 | $115,770 | $151,036 |
Montoursville | $70,923 | $92,532 | $120,995 | $164,328 | $216,107 |
Morris | $23,454 | $41,552 | $60,280 | $81,748 | $116,401 |
Muncy | $24,782 | $65,270 | $98,190 | $133,120 | $174,218 |
Muncy Valley | $34,894 | $53,765 | $84,685 | $110,055 | $139,063 |
Picture Rocks | $53,340 | $69,520 | $85,050 | $100,325 | $127,230 |
Ralston | $14,992 | $26,050 | $50,040 | $67,050 | $82,428 |
Roaring Branch | $15,204 | $23,920 | $49,300 | $82,355 | $121,920 |
Salladasburg | $39,048 | $50,265 | $68,960 | $84,930 | $94,512 |
Slate Run | $12,886 | $20,730 | $37,350 | $81,522 | $124,839 |
South Williamsport | $15,720 | $24,245 | $32,000 | $97,290 | $160,296 |
Trout Run | $20,520 | $42,120 | $73,350 | $103,370 | $138,750 |
Unityville | $29,347 | $50,338 | $84,475 | $114,520 | $140,388 |
Waterville | $6,607 | $25,045 | $48,610 | $77,772 | $102,099 |
Watsontown | $49,920 | $49,920 | $49,920 | $49,920 | $49,920 |
Williamsport | $46,960 | $63,382 | $82,290 | $112,420 | $155,450 |
Source: Ownwell
Property Tax Bills Across Lycoming County, Pennsylvania
In Lycoming County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the assessed value, including the property's location, size, and market conditions. For instance, the median home price in Lycoming County is $87,660, and the tax bills can vary significantly across the region. Homeowners in Lycoming County face diverse property tax bills. The 25th percentile tax bill is approximately $1,869, while the 75th percentile reaches around $3,356. At the higher end, the 90th percentile tax bill can go up to $4,437. Notably, Montoursville has the highest median tax bill at $3,042, whereas Duboistown has the lowest at $477. These variations can significantly affect homeowners' finances, making it crucial for them to understand how their property taxes are calculated and what factors contribute to their tax obligations.
Average Lycoming County Tax Bill
$2,556
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Lycoming County, Pennsylvania
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Allenwood | $775 | $1,380 | $2,389 | $3,196 | $3,882 |
Benton | $892 | $1,235 | $2,162 | $2,606 | $3,062 |
Cammal | $424 | $802 | $1,195 | $1,703 | $2,604 |
Canton | $324 | $594 | $1,051 | $1,392 | $2,397 |
Cedar Run | $836 | $1,233 | $1,650 | $2,576 | $3,375 |
Cogan Station | $541 | $1,732 | $2,658 | $3,617 | $4,573 |
Duboistown | $431 | $448 | $477 | $506 | $523 |
Hillsgrove | $2,318 | $2,318 | $2,318 | $2,318 | $2,318 |
Hughesville | $400 | $1,741 | $2,466 | $3,111 | $4,008 |
Jersey Mills | $732 | $1,003 | $1,363 | $1,974 | $3,050 |
Jersey Shore | $998 | $1,913 | $2,464 | $3,151 | $4,213 |
Lairdsville | $904 | $1,351 | $1,485 | $1,894 | $2,495 |
Liberty | $1,498 | $1,904 | $2,370 | $2,656 | $3,394 |
Linden | $219 | $550 | $1,964 | $2,922 | $3,753 |
Lock Haven | $530 | $790 | $1,214 | $2,067 | $2,990 |
Millville | $1,191 | $1,518 | $1,940 | $2,489 | $2,614 |
Montgomery | $970 | $1,725 | $2,312 | $2,922 | $3,751 |
Montoursville | $1,800 | $2,383 | $3,042 | $3,983 | $5,015 |
Morris | $652 | $1,133 | $1,625 | $2,274 | $3,238 |
Muncy | $602 | $1,663 | $2,506 | $3,365 | $4,384 |
Muncy Valley | $784 | $1,212 | $1,903 | $2,480 | $3,125 |
Picture Rocks | $1,265 | $1,649 | $2,017 | $2,379 | $3,017 |
Ralston | $323 | $562 | $1,079 | $1,446 | $1,778 |
Roaring Branch | $375 | $549 | $1,160 | $1,970 | $2,907 |
Salladasburg | $995 | $1,280 | $1,757 | $2,163 | $2,407 |
Slate Run | $337 | $542 | $976 | $2,130 | $3,262 |
South Williamsport | $448 | $722 | $855 | $2,951 | $4,862 |
Trout Run | $486 | $1,042 | $1,812 | $2,528 | $3,424 |
Unityville | $661 | $1,138 | $1,904 | $2,584 | $3,173 |
Waterville | $164 | $648 | $1,292 | $2,013 | $2,590 |
Watsontown | $1,209 | $1,209 | $1,209 | $1,209 | $1,209 |
Williamsport | $1,574 | $2,085 | $2,681 | $3,434 | $4,647 |
Source: Ownwell
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