Lemont, Centre County, Pennsylvania Property Taxes
Median Lemont, PA effective property tax rate: 3.08%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Lemont, PA home value: $110,830
Median annual Lemont, PA tax bill: $3,438, $1,038 higher than the national median property tax bill of $2,400.
How are property taxes in Centre calculated?
Property taxes in Lemont, 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 Lemont’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lemont, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lemont, Centre County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.24%
Estimate Property Tax Bill
$3,610
$3,350
Property Tax Rates Across Lemont, Centre 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, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Lemont, located in Centre County, Pennsylvania, the effective property tax rate is notably higher than the national median of 1.02%. This places Lemont among the higher property tax rate regions in the country. Compared to other cities in Pennsylvania, Lemont's rate is consistent with the state’s tendency to have higher property tax rates. This can be attributed to the local government’s budgetary requirements and the total assessed value of properties in the area.
By understanding these dynamics, property owners in Lemont can better navigate their property tax obligations. With the right guidance, there may be opportunities to appeal or seek exemptions, potentially lowering the financial burden of property taxes in this region.
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 Lemont Tax Rate
3.24%
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 Centre County Tax Rate
3.33%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lemont, Centre County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16851 | 3.24% | 3.24% | 3.24% | 3.24% | 3.24% |
Source: Ownwell
Property Tax Assessment Values Across Lemont, Centre County, Pennsylvania
When examining property taxes in Lemont, 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 Centre County Assessor's 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.
In Centre County, 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 Lemont.
For example, the median home price in Lemont is $110,830, with tax bills ranging significantly across the county. The zip code 16851 has the highest median home price at $110,830.
Property Tax Assessment Values Across Lemont, Centre County, Pennsylvania
Source: Ownwell
$21,230
$79,480
$137,730
Median Lemont Market Value
$111,420
Median Centre County Market Value
$95,980
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lemont, Centre County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16851 | $63,796 | $88,672 | $111,420 | $147,590 | $187,276 |
Source: Ownwell
Property Tax Bills Across Lemont, Centre County, Pennsylvania
In Lemont, Centre County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Lemont, the median home price is significantly lower than the national median, yet the property tax bills can be substantially higher. The 25th percentile tax bill is $2,765, which is above the national median property tax bill of $2,400, and the 75th percentile tax bill reaches $4,488. This disparity can place a significant financial burden on homeowners.
Ownwell can assist by evaluating your property's assessed value and ensuring it aligns with current market conditions. Our team of experts can help file appeals if your property is over-assessed, potentially lowering your tax bill. By identifying errors and inconsistencies in property assessments, Ownwell can help homeowners in Lemont save significantly on their property taxes, easing financial strain.
Median Lemont Tax Bill
$3,650
Median Centre County Tax Bill
$3,294
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Lemont, Centre County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16851 | $2,220 | $2,919 | $3,650 | $4,809 | $6,096 |
Source: Ownwell