Bessemer, Lawrence County, Pennsylvania Property Taxes
Median Bessemer, PA effective property tax rate: 2.94%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Bessemer, PA home value: $55,700
Median annual Bessemer, PA tax bill: $1,590, $810 lower than the national median property tax bill of $2,400.
How are property taxes in Lawrence County calculated?
Property taxes in Bessemer, 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 Bessemer’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bessemer, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bessemer, Lawrence County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.94%
Estimate Property Tax Bill
$1,636
$1,518
Property Tax Rates Across Bessemer, Lawrence 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.
In Bessemer, located in Lawrence County, Pennsylvania, the effective property tax rate is notably higher than the national median. With a rate of 2.94%, Bessemer's property tax rate stands as both the highest and the lowest within the area, indicating a uniform rate across the region. This rate significantly surpasses the national median property tax rate of 1.02%. Consequently, homeowners in Bessemer may face higher property tax bills compared to the national median of $2400.
Comparing Bessemer’s effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S. can provide valuable insights for property owners considering an appeal or exemption.
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 Bessemer Tax Rate
2.94%
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 Lawrence County Tax Rate
2.99%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bessemer, Lawrence County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16112 | 2.48% | 2.48% | 2.94% | 2.94% | 2.94% |
Source: Ownwell
Property Tax Assessment Values Across Bessemer, Lawrence County, Pennsylvania
When examining property taxes in Bessemer, 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 Lawrence 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:
In Lawrence 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 Bessemer. For example, the median home price in Bessemer is $55,700, with tax bills ranging significantly across the county. 16112 has the highest median home price at $55,700.
Property Tax Assessment Values Across Bessemer, Lawrence County, Pennsylvania
Source: Ownwell
$43,400
$81,200
$119,000
Median Bessemer Market Value
$55,650
Median Lawrence County Market Value
$65,700
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bessemer, Lawrence County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16112 | $22,230 | $41,425 | $55,650 | $77,150 | $111,520 |
Source: Ownwell
Property Tax Bills Across Bessemer, Lawrence County, Pennsylvania
In Bessemer, Lawrence County, PA, property tax bills are calculated based on the assessed value of a property, which is a percentage of the market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. With a median home price of $55,700, homeowners in Bessemer face tax bills ranging from $1,212 at the 25th percentile to $3,034 at the 90th percentile. The median tax bill stands at $1,590, which is below the national median tax bill of $2,400, offering a relatively affordable tax environment for residents.
Homeowners can be significantly impacted by these tax bills, as they represent a recurring expense that affects household budgets. Ownwell provides a valuable service by helping homeowners appeal their property assessments, potentially lowering their tax bills. By analyzing property data and ensuring accurate assessments, Ownwell can identify opportunities for savings, providing homeowners with a more manageable tax burden. This service is crucial for those looking to optimize their property expenses and maintain financial stability.
Median Bessemer Tax Bill
$1,586
Median Lawrence County Tax Bill
$2,029
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Bessemer, Lawrence County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16112 | $643 | $1,196 | $1,586 | $2,106 | $2,960 |
Source: Ownwell