Wyoming County Property Taxes
The median property tax rate in Wyoming County is 5.74%, which is significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $49,130, the typical annual property tax bill in Wyoming County reaches $2,930, surpassing the national median of $2,690. Property taxes here are calculated based on the assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Wyoming 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 Tunkhannock or another part of Wyoming County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wyoming County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
5.74%
Estimate Property Tax Bill
$2,820
-$29,554
Ownwell’s Wyoming County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Wyoming County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Wyoming County 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 Wyoming County, Pennsylvania
Property taxes in Wyoming County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Wyoming County is 5.74%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Wyoming County set these rates annually, and they can vary significantly between different areas within the county. Each year, Wyoming 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 Nicholson has one of the higher property tax rates in the area at 6.07%, while the city of Noxen boasts one of the lowest at 4.74%. Analyzing how Wyoming County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Wyoming County Tax Rate
5.74%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wyoming County, Pennsylvania
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Dallas | 5.54% | 5.54% | 5.54% | 5.54% | 5.54% |
Dalton | 5.66% | 5.66% | 5.76% | 5.76% | 5.76% |
Dushore | 5.62% | 5.62% | 5.62% | 5.62% | 5.69% |
Factoryville | 5.66% | 5.66% | 5.76% | 6.08% | 6.99% |
Falls | 5.76% | 5.76% | 5.76% | 6.05% | 6.05% |
Forkston Township | 5.62% | 5.62% | 5.62% | 5.62% | 5.62% |
Harveys Lake | 5.54% | 5.54% | 5.54% | 5.54% | 5.54% |
Laceyville | 5.09% | 5.09% | 5.16% | 5.56% | 6.12% |
Mehoopany | 5.56% | 5.56% | 5.59% | 5.62% | 5.69% |
Meshoppen | 4.75% | 4.75% | 4.75% | 5.10% | 5.49% |
Monroe Township | 5.74% | 5.74% | 5.74% | 5.74% | 5.74% |
Nicholson | 6.07% | 6.07% | 6.07% | 6.70% | 6.70% |
Noxen | 4.74% | 4.74% | 4.74% | 4.74% | 4.74% |
Springville | N/A | N/A | N/A | N/A | N/A |
Sugar Run | 5.16% | 5.16% | 5.16% | 5.43% | 5.69% |
Tunkhannock | 5.54% | 5.65% | 5.74% | 5.74% | 6.96% |
Source: Ownwell
Property Tax Assessment Values Across Wyoming County, Pennsylvania
In Wyoming 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 Wyoming 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 Wyoming 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. For example, Sugar Run has the highest median tax bill at $3,784, while Noxen has the lowest at $1,837. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Wyoming 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 Wyoming County, Pennsylvania
Source: Ownwell
$25,290
$48,695
$72,100
Average Wyoming County Assessed Value
$49,130
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wyoming County, Pennsylvania
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Dallas | $34,340 | $47,575 | $60,270 | $69,718 | $110,753 |
Dalton | $20,130 | $35,635 | $51,880 | $73,330 | $96,780 |
Dushore | $13,886 | $21,285 | $34,845 | $61,178 | $90,095 |
Factoryville | $24,573 | $37,485 | $53,925 | $79,315 | $106,647 |
Falls | $23,430 | $35,600 | $52,390 | $71,260 | $95,560 |
Forkston Township | $15,030 | $25,690 | $41,300 | $66,690 | $107,232 |
Harveys Lake | $26,107 | $42,565 | $58,905 | $83,745 | $99,752 |
Laceyville | $5,366 | $21,910 | $38,985 | $61,060 | $93,261 |
Mehoopany | $6,160 | $22,725 | $43,245 | $61,500 | $91,660 |
Meshoppen | $6,720 | $26,905 | $41,270 | $65,325 | $93,150 |
Monroe Township | $13,363 | $31,760 | $48,790 | $66,310 | $86,945 |
Nicholson | $17,610 | $29,265 | $42,505 | $61,598 | $94,590 |
Noxen | $16,876 | $25,950 | $37,900 | $54,170 | $83,872 |
Springville | N/A | N/A | N/A | N/A | N/A |
Sugar Run | $45,498 | $63,128 | $72,100 | $84,835 | $89,098 |
Tunkhannock | $19,780 | $35,400 | $52,390 | $73,965 | $103,144 |
Source: Ownwell
Property Tax Bills Across Wyoming County, Pennsylvania
Property tax bills in Wyoming County, PA, are calculated based on the assessed value of a property, which is typically a percentage of its market value. The county's median home price stands at $49,130. Local tax authorities then apply the tax rate to this assessed value to determine the annual tax bill. Factors such as property location, home improvements, and local tax levies also play crucial roles in the final calculation. In Wyoming County, the property tax bills vary significantly. For instance, the tax bill at the 25th percentile is $1,944, while at the 75th percentile, it rises to $4,154. At the 90th percentile, homeowners could see bills as high as $5,736. The highest median tax bill in the county is found in Sugar Run at $3,784, whereas Noxen has the lowest median tax bill at $1,837. These tax bills can have a substantial impact on homeowners, influencing decisions on property investments and overall financial planning. Comparing this with the national median property tax rate of 0.99%, Wyoming County's tax rates present a unique financial landscape for its residents.
Average Wyoming County Tax Bill
$2,930
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Wyoming County, Pennsylvania
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Dallas | $1,903 | $2,637 | $3,340 | $3,906 | $6,138 |
Dalton | $1,172 | $2,048 | $2,955 | $4,212 | $5,486 |
Dushore | $878 | $1,243 | $1,994 | $3,495 | $5,081 |
Factoryville | $1,566 | $2,312 | $3,333 | $4,719 | $6,348 |
Falls | $1,458 | $2,138 | $3,073 | $4,119 | $5,513 |
Forkston Township | $952 | $1,593 | $2,437 | $3,772 | $6,151 |
Harveys Lake | $1,650 | $2,362 | $3,275 | $4,552 | $5,536 |
Laceyville | $801 | $1,408 | $2,310 | $3,462 | $5,019 |
Mehoopany | $947 | $1,579 | $2,549 | $3,615 | $5,375 |
Meshoppen | $958 | $1,495 | $2,235 | $3,393 | $4,736 |
Monroe Township | $784 | $1,826 | $2,809 | $3,810 | $4,995 |
Nicholson | $1,193 | $1,916 | $2,730 | $3,898 | $5,907 |
Noxen | $850 | $1,243 | $1,837 | $2,604 | $4,048 |
Springville | N/A | N/A | N/A | N/A | N/A |
Sugar Run | $3,035 | $3,416 | $3,784 | $4,701 | $4,948 |
Tunkhannock | $1,309 | $2,158 | $3,164 | $4,411 | $6,000 |
Source: Ownwell