Leraysville, Bradford County, Pennsylvania Property Taxes

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

Median LERAYSVILLE, PA effective property tax rate: 1.63%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median LERAYSVILLE, PA home value: $44,299
Median annual LERAYSVILLE, PA tax bill: $628, $1,772 lower than the national median property tax bill of $2,400.

How are property taxes in Bradford calculated?

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

Last Updated March 1, 2025

Leraysville, Bradford County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.77%

Estimate Property Tax Bill

$575

$534

Ownwell’s LERAYSVILLE Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in LERAYSVILLE with just two data points. By entering your property's estimated assessed value, our calculator applies LERAYSVILLE’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your 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 Bradford. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Leraysville, Bradford County, Pennsylvania

Local government entities set tax rates, which can vary widely within a state. This is because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare LERAYSVILLE’s effective property tax rate to other cities in PA and the median property tax rates in PA and the U.S. LERAYSVILLE, located in Bradford County, is subject to a median property tax rate of 1.63%, which is significantly higher than the national median of 1.02%. This places LERAYSVILLE among the regions with the highest property tax rates in the state. For homeowners, understanding these rates is crucial when planning budgets, as they directly impact annual expenses. Comparing these figures to both state and national medians can provide a clearer picture of where LERAYSVILLE stands in terms of property tax burdens.

Property Tax Rates Across Leraysville, Bradford County, Pennsylvania

Source: Ownwell

1.77%

2.86%

3.95%

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 Leraysville Tax Rate

1.77%

Median Effective Bradford County Tax Rate

3.29%

Median Effective Pennsylvania Tax Rate

2.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Leraysville, Bradford County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
18829	0.31%	0.83%	1.77%	2.98%	2.98%

Source: Ownwell

Property Tax Assessment Values Across Leraysville, Bradford County, Pennsylvania

When examining property taxes in LERAYSVILLE, 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 Bradford 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. Assessment notices: Bradford County sends assessment notices 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 LERAYSVILLE. For example, the median home price in LERAYSVILLE is $44,299, with tax bills ranging significantly across the county. 18829 has the highest median home price at $44,299.

Property Tax Assessment Values Across Leraysville, Bradford County, Pennsylvania

Source: Ownwell

$32,495

$63,148

$93,800

Median Leraysville Market Value

$32,495

Median Bradford County Market Value

$61,871

Median Pennsylvania Market Value

$118,310

Median United States Market Value

$235,294

Property Tax Assessment Values Across Leraysville, Bradford County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
18829	$20,123	$23,297	$32,495	$51,705	$61,503

Source: Ownwell

Property Tax Bills Across Leraysville, Bradford County, Pennsylvania

In LeRaysville, located in Bradford County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in the area is $44,299, and property taxes are levied accordingly. The tax bill for homeowners varies, with the 25th percentile at $374 and the 75th percentile at $939. For those at the 90th percentile, tax bills can reach as high as $1,421. Compared to the national median property tax bill of $2,400, LeRaysville homeowners generally pay less. However, the financial impact on homeowners can still be significant, especially for those with fixed incomes or limited resources. Ownwell offers services to help homeowners in LeRaysville potentially reduce their property tax bills by appealing their assessments or seeking exemptions. By leveraging expert knowledge of local tax regulations and providing personalized assistance, Ownwell aims to ensure that homeowners are not overpaying on their property taxes, ultimately leading to substantial savings.

Property Tax Bills Across Leraysville, Bradford County, Pennsylvania

Source: Ownwell

$598

$1,729

$2,860

Median Leraysville Tax Bill

$598

Median Bradford County Tax Bill

$2,006

Median Pennsylvania Tax Bill

$3,050

Median United States Tax Bill

$2,400

Property Tax Bills Across Leraysville, Bradford County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
18829	$178	$366	$598	$919	$1,248

Source: Ownwell