Nicholson, Susquehanna County, Pennsylvania Property Taxes
Median Nicholson, PA effective property tax rate: 2.88%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Nicholson, PA home value: $21,800
Median annual Nicholson, PA tax bill: $644, $1,756 lower than the national median property tax bill of $2,400.
How are property taxes in Susquehanna calculated?
Property taxes in Nicholson, 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 Nicholson’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Nicholson, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Nicholson, Susquehanna County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.15%
Estimate Property Tax Bill
$706
$655
Ownwell’s Nicholson Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Nicholson with just two data points.
By entering your property's estimated assessed value, our calculator applies Nicholson’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 Nicholson, Susquehanna County, Pennsylvania
Local government entities set property tax rates, which can vary widely within a state. This variation occurs 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 play a role in setting tax rates and budgets, this is the basic annual process.
In Nicholson, located in Susquehanna County, Pennsylvania, the effective property tax rate is significantly higher than the national median. The median property tax rate in Pennsylvania is also higher than the national median of 1.02%. This makes it crucial for property owners in Nicholson to explore opportunities for appealing their property taxes or seeking exemptions. Comparing Nicholson’s rate to other cities in Pennsylvania and the national median highlights the importance of staying informed and proactive. By understanding these differences, property owners can make informed decisions about their property taxes and potentially save money.
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 Nicholson Tax Rate
3.15%
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 Nicholson, Susquehanna County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18446 | 3.15% | 3.15% | 3.15% | 3.16% | 3.43% |
Source: Ownwell
Property Tax Assessment Values Across Nicholson, Susquehanna County, Pennsylvania
When examining property taxes in Nicholson, 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 Tax Office 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 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 Nicholson.
For example, the median home price in Nicholson is $21,800, with tax bills ranging significantly across the county. Zip code 18446 has the highest median home price at $21,800.
Property Tax Assessment Values Across Nicholson, Susquehanna County, Pennsylvania
Source: Ownwell
$10,700
$40,250
$69,800
Median Nicholson Market Value
$22,400
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 Nicholson, Susquehanna County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18446 | $2,000 | $8,800 | $22,400 | $44,800 | $70,640 |
Source: Ownwell
Property Tax Bills Across Nicholson, Susquehanna County, Pennsylvania
In Nicholson, located in Susquehanna County, PA, property tax bills are determined by assessing the property's market value and applying the local tax rate. Homeowners in Nicholson experience a median property tax bill of $644, which is considerably lower than the national median property tax bill of $2,400. The tax rate in this area is influenced by various local factors, including budgetary needs for public services and infrastructure. For homeowners, this means that while they enjoy lower tax bills compared to the national average, understanding the assessment process is crucial to ensure they are not overpaying.
Ownwell offers a valuable service for homeowners in Nicholson by assisting them in appealing their property tax assessments. By leveraging their expertise, Ownwell can identify discrepancies in assessed values and guide homeowners through the appeal process. This can result in significant savings, reducing the financial burden on homeowners. With Ownwell's support, residents can ensure their tax bills accurately reflect their property's true value, potentially saving hundreds of dollars annually.
Property Tax Bills Across Nicholson, Susquehanna County, Pennsylvania
Source: Ownwell
$348
$1,409
$2,469
Median Nicholson Tax Bill
$734
Median Susquehanna County Tax Bill
$1,449
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Nicholson, Susquehanna County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18446 | $63 | $278 | $734 | $1,417 | $2,225 |
Source: Ownwell