Fombell, Lawrence County, Pennsylvania Property Taxes
Median Fombell, PA effective property tax rate: 2.84%, significantly higher than the national median of 1.02%, but slightly higher than the Pennsylvania state median of 2.81%. Median Fombell, PA home value: $94,850. Median annual Fombell, PA tax bill: $2,696, $296 higher than the national median property tax bill of $2,400.
How are property taxes in Lawrence calculated?
Property taxes in Fombell, 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 Fombell’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fombell, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fombell, 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
$2,731
$2,535
Property Tax Rates Across Fombell, Lawrence County, Pennsylvania
Local government entities determine tax rates, which can differ significantly within a state. This variation is because each county annually estimates its budget to provide essential services and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the fundamental process.
In Fombell, located in Lawrence County, PA, the effective property tax rate is significantly higher than the national median of 1.02%. This places Fombell's tax rate among the highest in the state. In comparison, the median property tax rate in Pennsylvania is also higher than the national average. Such differences highlight the importance of understanding local tax obligations, as they can impact homeowners' financial planning and property investment decisions.
When assessing property taxes in Fombell, it's crucial to consider these rates in the broader context of state and national figures. This comparison can offer valuable insights into the region's tax landscape and underscore the benefits of seeking professional property tax consulting services to navigate these complexities effectively.
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 Fombell 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 Fombell, Lawrence County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16123 | 2.40% | 2.94% | 2.94% | 2.94% | 2.94% |
Source: Ownwell
Property Tax Assessment Values Across Fombell, Lawrence County, Pennsylvania
When examining property taxes in Fombell, 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. 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.
In Lawrence County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Fombell.
For example, the median home price in Fombell is $94,850, with tax bills ranging significantly across the county. Zip code 16123 has the highest median home price at $94,850.
Property Tax Assessment Values Across Fombell, Lawrence County, Pennsylvania
Source: Ownwell
$43,400
$81,200
$119,000
Median Fombell Market Value
$92,900
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 Fombell, Lawrence County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16123 | $46,400 | $65,250 | $92,900 | $133,100 | $213,610 |
Source: Ownwell
Property Tax Bills Across Fombell, Lawrence County, Pennsylvania
Median Fombell Tax Bill
$2,644
Median Lawrence County Tax Bill
$2,029
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Fombell, Lawrence County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16123 | $1,173 | $1,852 | $2,644 | $3,618 | $5,579 |
Source: Ownwell