Tyrone, Centre County, Pennsylvania Property Taxes
Property Taxes in Tyrone, Pennsylvania
Median Tyrone, Pennsylvania effective property tax rate: 1.94%, significantly lower than the national median of 1.02%, and lower than the Pennsylvania state median of 2.75%.
Median Tyrone, Pennsylvania home value: $67,460
Median annual Tyrone, Pennsylvania tax bill: $1,311, lower than the national median property tax bill of $2,400.
How are property taxes in Centre calculated?
Property taxes in Tyrone, Pennsylvania 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 Tyrone's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tyrone, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Tyrone, Centre County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.94%
Estimate Property Tax Bill
$1,309
$1,214
How Does the Tyrone Property Tax Calculator Work?
Use this Tyrone property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Tyrone's median effective tax rate of 1.94% — based on actual property records in Centre County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Tyrone's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Tyrone: rates range from 1.94% in 16686 to 1.94% in 16686, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Tyrone.
About Tyrone Property Taxes
About Property Taxes in Tyrone, Centre, Pennsylvania
Tyrone’s median effective property tax rate of 1.94% is lower than the Pennsylvania state median of 2.75% and higher than the national median of 1.02%. This rate reflects the Centre County base levy combined with local school district levies and special taxing districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Tyrone. Homeowners in the 16686 ZIP code carry a median effective rate of 1.94%, while those in the lowest ZIP code pay 1.94%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Centre County. Understanding which part of Tyrone you live in can make a meaningful difference to your annual tax bill.
Tyrone homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the August 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Tyrone, Centre County, Pennsylvania
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? 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 Tyrone's effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S.
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 Tyrone Tax Rate
1.94%
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 Tyrone, Centre County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16686 | 1.94% | 1.94% | 1.94% | 1.94% | 1.94% |
Source: Ownwell
Property Tax Assessment Values Across Tyrone, Centre County, Pennsylvania
When examining property taxes in Tyrone, Pennsylvania, 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. Centre County 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 are sent in the spring each year and typically reach your mailbox by the middle of the month. 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.
For example, the median home price in Tyrone is $67,460, with a median tax bill of $1,311. That is below the national median property tax bill of $2,400 and reflects a lower burden than many U.S. homeowners face.
Property Tax Assessment Values Across Tyrone, Centre County, Pennsylvania
Source: Ownwell
$21,230
$79,480
$137,730
Median Tyrone Market Value
$67,460
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 Tyrone, Centre County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16686 | $22,441 | $45,862 | $67,460 | $103,392 | $139,666 |
Source: Ownwell
Property Tax Bills Across Tyrone, Centre County, Pennsylvania
Property tax bills in Tyrone are calculated by applying the local tax rate to a home’s assessed value, which is based on the property’s market value and any applicable exemptions or exemptions-related adjustments. For homeowners, the bill reflects both the value of the home and the tax rates set by local taxing authorities, so two similar homes can owe different amounts if their assessed values differ.
With a median home price of $67,460, Tyrone homeowners often see property tax bills that are lower than many national figures, but the amount can still vary widely. The 25th percentile tax bill is $892, while the 75th percentile is $2,009, and the 90th percentile reaches $2,714. In the local market, the median tax bill is $1,311 in ZIP code 16686.
Because property taxes are tied to assessed value, changes in the housing market or reassessments can raise or lower what homeowners pay each year.
Median Tyrone Tax Bill
$1,311
Median Centre County Tax Bill
$3,294
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Tyrone, Centre County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16686 | $436 | $892 | $1,311 | $2,009 | $2,714 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 1 |
Links | |
|---|---|
| Centre Tax Assessor | |
| Website | centrecountypa.gov |