New Bedford, Lawrence County, Pennsylvania Property Taxes

Name: Property Tax Bills Across New Bedford, Lawrence County, Pennsylvania
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median New Bedford, PA effective property tax rate: 2.59%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median New Bedford, PA home value: $55,200
Median annual New Bedford, PA tax bill: $1,456, $944 lower than the national median property tax bill of $2,400.

How are property taxes in Lawrence calculated?

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

Last Updated March 1, 2025

New Bedford, Lawrence County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.59%

Estimate Property Tax Bill

$1,393

$1,293

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

Property Tax Rates Across New Bedford, Lawrence County, Pennsylvania

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 New Bedford’s effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S.

Property Tax Rates Across New Bedford, Lawrence County, Pennsylvania

Source: Ownwell

2.35%

3.00%

3.66%

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 New Bedford Tax Rate

2.59%

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 New Bedford, Lawrence County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
16140	2.59%	2.59%	2.59%	2.59%	2.59%

Source: Ownwell

Property Tax Assessment Values Across New Bedford, Lawrence County, Pennsylvania

When examining property taxes in New Bedford, 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 New Bedford. For example, the median home price in New Bedford is $55,200, with tax bills ranging significantly across the county. 16140 has the highest median home price at $55,200.

Property Tax Assessment Values Across New Bedford, Lawrence County, Pennsylvania

Source: Ownwell

$43,400

$81,200

$119,000

Median New Bedford Market Value

$53,800

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 New Bedford, Lawrence County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
16140	$4,440	$23,150	$53,800	$72,750	$115,380

Source: Ownwell

Property Tax Bills Across New Bedford, Lawrence County, Pennsylvania

In New Bedford, Lawrence County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price here is $55,200, significantly lower than the national median. Tax bills can vary widely, with the 25th percentile at $910 and the 75th percentile reaching $1,913. The tax bill at the 90th percentile can go as high as $3,009, reflecting the diverse property values in the area. The median tax bill in the region is $1,456, which is below the national median property tax bill of $2,400. Homeowners are impacted by these taxes as they represent a significant portion of annual expenses. Ownwell can assist homeowners in New Bedford by providing expert property tax appeal and exemption services. By leveraging local market data and tax law expertise, Ownwell helps homeowners potentially reduce their tax burdens, ensuring they pay only their fair share. This can lead to substantial savings and financial relief for property owners.

Property Tax Bills Across New Bedford, Lawrence County, Pennsylvania

Source: Ownwell

$1,289

$2,323

$3,356

Median New Bedford Tax Bill

$1,395

Median Lawrence County Tax Bill

$2,029

Median Pennsylvania Tax Bill

$3,050

Median United States Tax Bill

$2,400

Property Tax Bills Across New Bedford, Lawrence County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
16140	$205	$771	$1,395	$1,897	$2,650

Source: Ownwell