Laceyville, Susquehanna County, Pennsylvania Property Taxes

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

Median Laceyville, PA effective property tax rate: 3.20%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%. Median Laceyville, PA home value: $32,100. Median annual Laceyville, PA tax bill: $1,044, $1,356 lower than the national median property tax bill of $2,400.

How are property taxes in Susquehanna calculated?

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

Last Updated March 1, 2025

Laceyville, Susquehanna County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.53%

Estimate Property Tax Bill

$1,267

$1,176

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

Property Tax Rates Across Laceyville, Susquehanna 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.

In Laceyville, located in Susquehanna County, the effective property tax rate is significantly higher than the national median. With a rate of 3.20%, it stands as both the highest and lowest median tax rate in the area, indicating a uniformity in rates across different zip codes within the county. This is notably higher than the national median property tax rate of 1.02% and the national median property tax bill of $2400. For homeowners in Laceyville, this means a larger portion of their property's assessed value goes towards taxes compared to many other regions. Understanding these rates is crucial for property owners considering an appeal or exemption, as even small percentage differences can lead to significant savings.

Property Tax Rates Across Laceyville, 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 Laceyville Tax Rate

3.53%

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 Laceyville, Susquehanna County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
18623	3.53%	3.53%	3.53%	3.64%	3.64%

Source: Ownwell

Property Tax Assessment Values Across Laceyville, Susquehanna County, Pennsylvania

When examining property taxes in Laceyville, 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 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 Laceyville. For example, the median home price in Laceyville is $32,100, with tax bills ranging significantly across the county. 18623 has the highest median home price at $32,100.

Property Tax Assessment Values Across Laceyville, Susquehanna County, Pennsylvania

Source: Ownwell

$10,700

$40,250

$69,800

Median Laceyville Market Value

$35,900

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 Laceyville, Susquehanna County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
18623	$10,000	$20,050	$35,900	$48,250	$69,240

Source: Ownwell

Property Tax Bills Across Laceyville, Susquehanna County, Pennsylvania

In Laceyville, Susquehanna County, PA, property tax bills are calculated based on the assessed value of a home, which is then multiplied by the local tax rate. This assessed value is determined by the county and reflects a percentage of the property's market value. Factors such as property size, location, and improvements can influence this assessment. Homeowners in Laceyville face a median property tax bill of $1,044, which is below the national median of $2,400. However, bills can range significantly, with the 25th percentile at $517 and the 90th percentile reaching $2,228, indicating a wide variation in tax liabilities. For homeowners, these taxes can represent a significant financial burden. Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing assessments and identifying discrepancies, Ownwell helps homeowners potentially reduce their tax bills, ensuring they pay only what is fair. This service not only alleviates financial strain but also offers peace of mind, knowing that one's property tax burden is being managed effectively.

Property Tax Bills Across Laceyville, Susquehanna County, Pennsylvania

Source: Ownwell

$348

$1,409

$2,469

Median Laceyville Tax Bill

$1,269

Median Susquehanna County Tax Bill

$1,449

Median Pennsylvania Tax Bill

$3,050

Median United States Tax Bill

$2,400

Property Tax Bills Across Laceyville, Susquehanna County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
18623	$353	$714	$1,269	$1,743	$2,506

Source: Ownwell