Hop Bottom, Susquehanna County, Pennsylvania Property Taxes
Median HOP BOTTOM, PA effective property tax rate: 2.89%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median HOP BOTTOM, PA home value: $35,200
Median annual HOP BOTTOM, PA tax bill: $1,018, $1,382 lower than the national median property tax bill of $2,400.
How are property taxes in Susquehanna calculated?
Property taxes in HOP BOTTOM, 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 HOP BOTTOM’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in HOP BOTTOM, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hop Bottom, Susquehanna County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.16%
Estimate Property Tax Bill
$1,185
$1,100
Property Tax Rates Across Hop Bottom, Susquehanna 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, resulting 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.
Hop Bottom in Susquehanna County, PA, boasts a property tax rate of 2.89%, which is significantly higher than the national median property tax rate of 1.02%. This places Hop Bottom at the higher end of the spectrum compared to other cities in Pennsylvania and across the U.S. The higher rate reflects the local government's budgeting needs and the total assessed value of properties in the area. Residents in Hop Bottom face a considerable property tax burden compared to the national average, which can impact decisions about homeownership and investment in the area. Understanding these rates is crucial for homeowners and potential buyers to make informed financial decisions.
Property Tax Rates Across Hop Bottom, Susquehanna County, Pennsylvania
Source: Ownwell
3.15%
3.59%
4.04%
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 Hop Bottom Tax Rate
3.16%
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 Susquehanna County Tax Rate
3.52%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hop Bottom, Susquehanna County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18824 | 3.15% | 3.15% | 3.16% | 3.16% | 3.43% |
Source: Ownwell
Property Tax Assessment Values Across Hop Bottom, Susquehanna County, Pennsylvania
When examining property taxes in Hop Bottom, 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 Susquehanna 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 Susquehanna 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 Hop Bottom. For example, the median home price in Hop Bottom is $35,200, with tax bills ranging significantly across the county. 18824 has the highest median home price at $35,200.
Property Tax Assessment Values Across Hop Bottom, Susquehanna County, Pennsylvania
Source: Ownwell
$10,700
$40,250
$69,800
Median Hop Bottom Market Value
$37,500
Median Susquehanna County Market Value
$40,800
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hop Bottom, Susquehanna County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18824 | $10,560 | $19,300 | $37,500 | $54,100 | $93,560 |
Source: Ownwell
Property Tax Bills Across Hop Bottom, Susquehanna County, Pennsylvania
Property Tax Bills Across Hop Bottom, Susquehanna County, Pennsylvania
Source: Ownwell
$348
$1,409
$2,469
Median Hop Bottom Tax Bill
$1,196
Median Susquehanna County Tax Bill
$1,449
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Hop Bottom, Susquehanna County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18824 | $348 | $620 | $1,196 | $1,727 | $2,960 |
Source: Ownwell