Ono, Lebanon County, Pennsylvania Property Taxes

Local government entities in Pennsylvania set property tax rates, which can vary significantly across the state. Each year, counties like Lebanon estimate their budgetary needs to provide essential services and divide this by the total assessed value of all taxable properties within their jurisdiction. This calculation determines the property tax rate. Although setting these rates involves votes and legal frameworks, this annual process remains consistent.

In Ono, located in Lebanon County, the effective property tax rate is a reflection of this systematic approach. By comparing Ono's rate to other cities in Pennsylvania, as well as the state and national medians, property owners can gain valuable insights into their tax obligations. Pennsylvania's median property tax rate, for instance, is higher than the national median of 1.02%, indicating that residents in Ono and surrounding areas may have a higher tax burden compared to other parts of the country. Understanding these rates can empower property owners to make informed decisions about appealing their assessments or seeking exemptions, ultimately helping to manage and potentially reduce their property tax bills.

In Ono, Lebanon County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $127,720, homeowners experience a range of tax bills. The 25th percentile tax bill is $1,569, while the 75th percentile tax bill reaches $2,980, and the 90th percentile peaks at $3,177. These figures indicate that many homeowners in the area pay above the national median property tax bill of $2,400. The local tax rate, combined with property assessments, directly influences the tax burden on homeowners.

Factors like the assessed value of the property and the local tax rate play crucial roles in determining the final tax bill. Homeowners may find themselves paying more than expected if their property's assessed value is higher than the market value. This is where Ownwell can assist. By providing property tax appeal and exemption services, Ownwell helps homeowners reduce their tax bills, ensuring they pay a fair amount based on accurate property assessments.