South Gibson, Susquehanna County, Pennsylvania Property Taxes
Median South Gibson, PA effective property tax rate: 3.02%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median South Gibson, PA home value: $49,200
Median annual South Gibson, PA tax bill: $1,485, $915 lower than the national median property tax bill of $2,400.
How are property taxes in Susquehanna calculated?
Property taxes in South Gibson, 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 South Gibson’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in South Gibson, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
South Gibson, Susquehanna County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.26%
Estimate Property Tax Bill
$1,493
$1,386
Property Tax Rates Across South Gibson, Susquehanna County, Pennsylvania
Local government entities determine tax rates, which can differ significantly within a state. This variation arises because each county annually estimates the budget needed to provide services and divides it by the total value of all taxable property in its jurisdiction. This calculation determines the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is essentially the annual procedure.
In South Gibson, located in Susquehanna County, Pennsylvania, the effective property tax rate is a key factor for property owners to consider. Compared to other cities in Pennsylvania, South Gibson's rate can be measured against both the state and national medians. While Pennsylvania's property tax rates can be higher than the national median of 1.02%, it's important to evaluate how South Gibson aligns with these figures. Understanding these comparisons can help property owners make informed decisions about their investments and potential tax liabilities. By analyzing the effective property tax rate in South Gibson, property owners can better navigate their financial planning and ensure they are optimizing their property investments effectively.
Property Tax Rates Across South Gibson, 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 South Gibson Tax Rate
3.26%
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 South Gibson, Susquehanna County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18842 | 3.26% | 3.26% | 3.26% | 3.26% | 3.26% |
Source: Ownwell
Property Tax Assessment Values Across South Gibson, Susquehanna County, Pennsylvania
When examining property taxes in South Gibson, 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.
In Susquehanna County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 South Gibson. For example, the median home price in South Gibson is $49,200, with tax bills ranging significantly across the county. 18842 has the highest median home price at $49,200.
Property Tax Assessment Values Across South Gibson, Susquehanna County, Pennsylvania
Source: Ownwell
$10,700
$40,250
$69,800
Median South Gibson Market Value
$45,800
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 South Gibson, Susquehanna County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18842 | $7,600 | $22,000 | $45,800 | $66,800 | $84,800 |
Source: Ownwell
Property Tax Bills Across South Gibson, Susquehanna County, Pennsylvania
Property Tax Bills Across South Gibson, Susquehanna County, Pennsylvania
Source: Ownwell
$348
$1,409
$2,469
Median South Gibson Tax Bill
$1,495
Median Susquehanna County Tax Bill
$1,449
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across South Gibson, Susquehanna County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18842 | $248 | $718 | $1,495 | $2,180 | $2,767 |
Source: Ownwell