Mckean County, Pennsylvania Property Taxes
Median McKean County effective property tax rate: 3.45%, significantly higher than the national median of 1.02%.
Median McKean County home value: $23,400
Median annual McKean County tax bill: $784, $1,616 lower than the national median property tax bill of $2,400.
How are property taxes in McKean County calculated?
Property taxes in McKean County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Smethport or another part of McKean County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mckean County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.45%
Estimate Property Tax Bill
$807
$749
Property Tax Rates Across Mckean County, Pennsylvania
Local government entities in Pennsylvania set property tax rates, which can vary significantly across the state. Annually, each county, including McKean County, estimates the budget required to provide essential services. This budget is then divided by the total assessed value of all taxable property within the county's jurisdiction, resulting in the property tax rate. While setting tax rates and budgets involves votes and laws, this is the basic annual process.
In McKean County, the effective property tax rate is notably higher than the national median property tax rate of 1.02%. This highlights the variation in tax rates within Pennsylvania and across the country. Within McKean County, Custer City has the highest median tax rate, while Turtlepoint has the lowest. Comparing McKean County's rate to the national median, as well as other counties within Pennsylvania, can offer valuable insights for property owners. Understanding these differences is crucial for homeowners looking to manage their property tax liabilities effectively.
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 Mckean County Tax Rate
3.45%
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 Pennsylvania Tax Rate
2.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mckean County, Pennsylvania
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Austin | 2.33% | 3.37% | 3.37% | 3.37% | 3.37% |
| Bradford | 3.45% | 3.79% | 3.94% | 3.94% | 5.29% |
| Crosby | 2.41% | 2.75% | 3.37% | 3.37% | 3.37% |
| Custer City | 3.94% | 3.94% | 3.94% | 3.94% | 3.94% |
| Cyclone | 2.67% | 3.44% | 3.44% | 3.44% | 3.79% |
| Derrick City | 2.68% | 3.71% | 3.94% | 3.94% | 3.94% |
| Duke Center | 3.02% | 3.71% | 3.71% | 3.71% | 3.71% |
| East Smethport | 3.44% | 3.44% | 3.44% | 3.44% | 3.44% |
| Eldred | 2.36% | 3.14% | 3.48% | 3.48% | 4.06% |
| Gifford | 3.44% | 3.44% | 3.44% | 3.79% | 3.79% |
| Hazel Hurst | 3.54% | 3.67% | 3.67% | 3.67% | 3.67% |
| Kane | 2.89% | 3.06% | 3.45% | 3.45% | 3.90% |
| Lewis Run | 3.79% | 3.79% | 3.79% | 3.79% | 3.89% |
| Ludlow | 3.08% | 3.45% | 3.45% | 3.45% | 3.45% |
| Mount Jewett | 3.23% | 3.23% | 3.79% | 3.87% | 3.87% |
| Port Allegany | 2.07% | 2.85% | 3.19% | 3.19% | 3.78% |
| Rew | 3.01% | 3.44% | 3.44% | 3.44% | 3.94% |
| Rixford | 3.50% | 3.71% | 3.71% | 3.71% | 3.71% |
| Shinglehouse | N/A | N/A | N/A | N/A | N/A |
| Smethport | 2.34% | 3.19% | 3.37% | 3.44% | 3.44% |
| Turtlepoint | 2.04% | 2.50% | 3.14% | 3.14% | 3.14% |
| Westline | 3.79% | 3.79% | 3.79% | 3.79% | 3.79% |
| Wilcox | 3.23% | 3.23% | 3.23% | 3.23% | 3.23% |
Source: Ownwell
Property Tax Assessment Values Across Mckean County, Pennsylvania
When examining property taxes in McKean County, 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 McKean County assessment office 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.
Assessment notices:
Assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 McKean County. For example, the median tax bill in McKean County is $969, with tax bills ranging significantly across the county. Turtlepoint has the highest median home price at $38,480.
Property Tax Assessment Values Across Mckean County, Pennsylvania
Source: Ownwell
$10,750
$24,615
$38,480
Median Mckean County Market Value
$23,400
Median Pennsylvania Market Value
$114,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mckean County, Pennsylvania
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Austin | $3,510 | $11,250 | $18,160 | $42,340 | $50,850 |
| Bradford | $7,442 | $12,895 | $23,685 | $50,822 | $104,779 |
| Crosby | $11,067 | $12,138 | $32,450 | $49,625 | $88,952 |
| Custer City | $5,420 | $9,940 | $23,740 | $36,680 | $45,700 |
| Cyclone | $9,584 | $14,252 | $22,520 | $47,552 | $97,592 |
| Derrick City | $9,608 | $12,430 | $17,880 | $35,450 | $64,024 |
| Duke Center | $5,910 | $10,405 | $19,470 | $40,645 | $88,370 |
| East Smethport | $9,738 | $13,670 | $21,600 | $24,760 | $45,150 |
| Eldred | $8,410 | $13,982 | $28,455 | $59,798 | $91,990 |
| Gifford | $6,215 | $11,805 | $22,650 | $39,605 | $60,525 |
| Hazel Hurst | $5,334 | $9,000 | $13,080 | $24,670 | $45,724 |
| Kane | $8,848 | $13,995 | $23,320 | $45,030 | $86,444 |
| Lewis Run | $7,490 | $12,965 | $21,770 | $41,342 | $64,680 |
| Ludlow | $5,088 | $7,970 | $10,750 | $23,790 | $120,836 |
| Mount Jewett | $5,775 | $10,605 | $18,615 | $38,278 | $70,155 |
| Port Allegany | $9,020 | $14,335 | $27,640 | $64,695 | $103,630 |
| Rew | $11,570 | $14,660 | $26,210 | $45,950 | $64,780 |
| Rixford | $4,964 | $9,052 | $16,880 | $39,218 | $64,827 |
| Shinglehouse | N/A | N/A | N/A | N/A | N/A |
| Smethport | $6,640 | $12,352 | $22,595 | $51,280 | $92,940 |
| Turtlepoint | $9,138 | $19,600 | $38,480 | $76,710 | $159,094 |
| Westline | $4,660 | $11,050 | $18,080 | $39,420 | $43,990 |
| Wilcox | $5,404 | $7,920 | $12,210 | $17,100 | $32,452 |
Source: Ownwell
Property Tax Bills Across Mckean County, Pennsylvania
Median Mckean County Tax Bill
$784
Median Pennsylvania Tax Bill
$3,063
Median United States Tax Bill
$2,400
Property Tax Bills Across Mckean County, Pennsylvania
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Austin | $118 | $367 | $613 | $1,255 | $1,610 |
| Bradford | $295 | $504 | $947 | $1,922 | $3,774 |
| Crosby | $373 | $410 | $969 | $1,564 | $1,947 |
| Custer City | $213 | $391 | $899 | $1,444 | $1,799 |
| Cyclone | $226 | $482 | $774 | $1,567 | $2,805 |
| Derrick City | $324 | $483 | $604 | $1,285 | $2,103 |
| Duke Center | $198 | $363 | $680 | $1,450 | $2,595 |
| East Smethport | $335 | $471 | $744 | $853 | $1,491 |
| Eldred | $274 | $460 | $894 | $1,682 | $2,684 |
| Gifford | $214 | $411 | $781 | $1,346 | $2,113 |
| Hazel Hurst | $165 | $306 | $459 | $894 | $1,680 |
| Kane | $302 | $473 | $780 | $1,421 | $2,557 |
| Lewis Run | $287 | $487 | $806 | $1,546 | $2,456 |
| Ludlow | $175 | $275 | $371 | $820 | $3,099 |
| Mount Jewett | $213 | $387 | $635 | $1,373 | $2,188 |
| Port Allegany | $268 | $444 | $845 | $1,709 | $2,672 |
| Rew | $277 | $530 | $903 | $1,573 | $2,231 |
| Rixford | $184 | $326 | $614 | $1,289 | $2,270 |
| Shinglehouse | N/A | N/A | N/A | N/A | N/A |
| Smethport | $209 | $406 | $713 | $1,515 | $2,584 |
| Turtlepoint | $287 | $503 | $921 | $2,069 | $3,783 |
| Westline | $176 | $418 | $685 | $1,493 | $1,666 |
| Wilcox | $175 | $256 | $395 | $553 | $1,011 |
Source: Ownwell