Wilmot Township, Bradford County, Pennsylvania Property Taxes

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

Median Wilmot Township, PA effective property tax rate: 2.42%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Wilmot Township, PA home value: $84,009
Median annual Wilmot Township, PA tax bill: $2,046, $354 lower than the national median property tax bill of $2,400.

How are property taxes in Bradford County calculated?

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

Last Updated March 1, 2025

Wilmot Township, Bradford County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.66%

Estimate Property Tax Bill

$2,495

$2,315

Ownwell’s Wilmot Township Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Wilmot Township with just two data points. By entering your property's estimated assessed value, our calculator applies Wilmot Township’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 County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Wilmot Township, Bradford County, Pennsylvania

Local government entities set tax rates, which can vary widely within a state. 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.

Wilmot Township in Bradford County, PA, stands out with an effective property tax rate of 2.42%, which is significantly higher than the national median of 1.02%. This high rate can be attributed to the local government's budgeting needs and the total assessed property values within the area. In Pennsylvania, property tax rates can fluctuate widely, depending on the county and city. Comparing Wilmot Township's rate to other areas in the state, it is evident that local factors heavily influence these rates. Understanding these dynamics can help property owners anticipate their tax liabilities and explore potential appeals or exemptions.

Property Tax Rates Across Wilmot Township, 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 Wilmot Township Tax Rate

2.66%

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 Wilmot Township, Bradford County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
18614	1.85%	1.97%	2.66%	2.89%	3.57%

Source: Ownwell

Property Tax Assessment Values Across Wilmot Township, Bradford County, Pennsylvania

When examining property taxes in Wilmot Township, 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. In Bradford County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Wilmot Township. For example, the median home price in Wilmot Township is $84,009, with tax bills ranging significantly across the county. 18614 has the highest median home price at $84,009.

Property Tax Assessment Values Across Wilmot Township, Bradford County, Pennsylvania

Source: Ownwell

$32,495

$63,148

$93,800

Median Wilmot Township Market Value

$93,800

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 Wilmot Township, Bradford County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
18614	$35,211	$61,923	$93,800	$140,500	$257,841

Source: Ownwell

Property Tax Bills Across Wilmot Township, Bradford County, Pennsylvania

In Wilmot Township, located in Bradford County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in the area is $84,009, significantly lower than the national median. Despite this, the property tax bills can vary widely, with the 25th percentile at $1,163 and the 90th percentile reaching up to $4,512. The median tax bill of $2,046 is below the national median of $2,400, yet homeowners may still find themselves paying more than expected due to discrepancies in assessed values or changes in local tax rates. This can significantly impact homeowners, especially those on fixed incomes or with tight budgets. Ownwell provides expert property tax appeal services, helping homeowners potentially reduce their tax bills by ensuring their property is fairly assessed. By leveraging local expertise and data-driven insights, Ownwell can identify opportunities for savings, making property taxes more manageable and ensuring homeowners are not overpaying.

Property Tax Bills Across Wilmot Township, Bradford County, Pennsylvania

Source: Ownwell

$598

$1,729

$2,860

Median Wilmot Township Tax Bill

$2,860

Median Bradford County Tax Bill

$2,006

Median Pennsylvania Tax Bill

$3,050

Median United States Tax Bill

$2,400

Property Tax Bills Across Wilmot Township, Bradford County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
18614	$1,082	$1,559	$2,860	$4,209	$4,858

Source: Ownwell