Loysburg, Bedford County, Pennsylvania Property Taxes
Median Loysburg, PA effective property tax rate: 1.28%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Loysburg, PA home value: $90,300
Median annual Loysburg, PA tax bill: $1,159, $1,241 lower than the national median property tax bill of $2,400.
How are property taxes in Bedford County calculated?
Property taxes in Loysburg, 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 Loysburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Loysburg, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Loysburg, Bedford County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.44%
Estimate Property Tax Bill
$1,200
$1,113
Property Tax Rates Across Loysburg, Bedford County, Pennsylvania
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This is because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the basic annual process.
In Loysburg, located in Bedford County, Pennsylvania, property tax rates offer an interesting comparison to other cities in the state and the national median. Pennsylvania's median property tax rate is 1.28%, which is higher than the national median of 1.02%. This makes Pennsylvania one of the states with a higher property tax rate than the national average, impacting homeowners differently depending on their location within the state. Understanding these differences is crucial for property owners looking to manage their 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 Loysburg Tax Rate
1.44%
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 Bedford County Tax Rate
1.62%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Loysburg, Bedford County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16659 | 1.44% | 1.44% | 1.44% | 1.44% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Loysburg, Bedford County, Pennsylvania
When examining property taxes in Loysburg, 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 Bedford 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 Bedford 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 Loysburg.
For example, the median home price in Loysburg is $90,300, with tax bills ranging significantly across the county. 16659 has the highest median home price at $90,300.
Property Tax Assessment Values Across Loysburg, Bedford County, Pennsylvania
Source: Ownwell
$30,900
$116,350
$201,800
Median Loysburg Market Value
$83,300
Median Bedford County Market Value
$99,100
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Loysburg, Bedford County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16659 | $8,980 | $22,025 | $83,300 | $113,400 | $174,250 |
Source: Ownwell
Property Tax Bills Across Loysburg, Bedford County, Pennsylvania
In the quaint locale of Loysburg in Bedford County, Pennsylvania, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price here is $90,300. Homeowners in this region experience a range of property tax bills, with the 25th percentile at $475 and the 75th percentile reaching $1,462. This variation reflects differences in property values and local tax rates. Notably, the 90th percentile tax bill is $2,132, indicating that some homeowners face significantly higher property taxes, surpassing the national median property tax bill of $2,400.
Navigating these taxes can be daunting, but that's where Ownwell steps in. By offering expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax burden. Our team analyzes your property assessment and identifies discrepancies or opportunities for exemptions, ensuring you only pay your fair share. With Ownwell's assistance, homeowners in Loysburg can achieve significant savings on their property tax bills, alleviating the financial strain.
Median Loysburg Tax Bill
$1,200
Median Bedford County Tax Bill
$1,648
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Loysburg, Bedford County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16659 | $129 | $317 | $1,200 | $1,634 | $2,511 |
Source: Ownwell