Lopez, Sullivan County, Pennsylvania Property Taxes
Median LOPEZ, PA effective property tax rate: 1.25%, significantly higher than the national median of 1.02%, but lower than the PA state median of 2.81%.
Median LOPEZ, PA home value: $64,344
Median annual LOPEZ, PA tax bill: $805, $1,595 lower than the national median property tax bill of $2,400.
How are property taxes in Sullivan calculated?
Property taxes in LOPEZ, 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 LOPEZ’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in LOPEZ, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lopez, Sullivan County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.37%
Estimate Property Tax Bill
$893
$829
Property Tax Rates Across Lopez, Sullivan County, Pennsylvania
Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Lopez, located in Sullivan County, Pennsylvania, the effective property tax rate is a point of interest. The median property tax rate in Pennsylvania is 1.25%, which is higher than the national median of 1.02%. This rate is consistent across Sullivan County, demonstrating a uniform approach to property taxation in this region.
Comparing Lopez's property tax rate to other cities in Pennsylvania and the U.S. can provide valuable insights for property owners. Understanding these differences is crucial for anyone looking to manage their property tax liabilities effectively. As property taxes are a significant expense for homeowners, staying informed about how rates are set and how they compare can lead to better financial planning and potential savings.
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 Lopez Tax Rate
1.37%
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 Sullivan County Tax Rate
1.33%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lopez, Sullivan County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18628 | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Lopez, Sullivan County, Pennsylvania
When examining property taxes in Lopez, 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 Sullivan 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 Sullivan 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 Lopez.
For example, the median home price in Lopez is $64,344, with tax bills ranging significantly across the county. Zip code 18628 has the highest median home price at $64,344.
Property Tax Assessment Values Across Lopez, Sullivan County, Pennsylvania
Source: Ownwell
$65,184
$223,608
$382,032
Median Lopez Market Value
$65,184
Median Sullivan County Market Value
$128,688
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lopez, Sullivan County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18628 | $23,318 | $43,218 | $65,184 | $107,814 | $178,937 |
Source: Ownwell
Property Tax Bills Across Lopez, Sullivan County, Pennsylvania
In Lopez, located in Sullivan County, PA, property tax bills are determined by the assessed value of a home multiplied by the local tax rate. The median home price in this area is $64,344, which contributes to the calculation of property taxes. Homeowners in Lopez typically face a median property tax bill of $805, which is significantly lower than the national median of $2,400. Factors such as the property's assessed value and local tax rates influence the final tax bill. For homeowners, this means that even small changes in assessed value or tax rates can impact their annual expenses.
Ownwell can help homeowners in Lopez by appealing inaccurate assessments and identifying potential exemptions, ensuring that they do not overpay. Our expertise in property tax appeals allows homeowners to potentially lower their tax bills, keeping their costs aligned with the true value of their property. By leveraging Ownwell’s services, homeowners can navigate the complexities of property taxes and achieve potential savings.
Median Lopez Tax Bill
$894
Median Sullivan County Tax Bill
$1,694
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Lopez, Sullivan County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18628 | $320 | $592 | $894 | $1,478 | $2,453 |
Source: Ownwell