Gaines, Tioga County, Pennsylvania Property Taxes
Median GAINES, PA effective property tax rate: 2.58%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median GAINES, PA home value: $46,590
Median annual GAINES, PA tax bill: $1,172, $1,228 lower than the national median property tax bill of $2,400.
How are property taxes in Tioga calculated?
Property taxes in GAINES, 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 GAINES’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in GAINES, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Gaines, Tioga County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.4%
Estimate Property Tax Bill
$1,428
$1,325
Property Tax Rates Across Gaines, Tioga County, Pennsylvania
Local government entities set property tax rates, which can vary significantly within Pennsylvania. This variation occurs because each county annually estimates its required budget to provide essential services and divides that amount by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws contribute to setting these rates and budgets, this is the fundamental process followed each year.
In Gaines, located in Tioga County, the effective property tax rate is a reflection of this process. Comparing Gaines’ rate to other cities within Pennsylvania reveals significant differences, highlighting the importance of understanding local tax policies. The median property tax rate in Pennsylvania is higher than the national median, which can impact homeowners' financial planning. Understanding these differences is crucial for property owners looking to optimize their tax liabilities. By comparing local rates to state and national medians, property owners can better navigate the complexities of property taxation and make informed decisions about their investments.
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 Gaines Tax Rate
1.40%
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 Tioga County Tax Rate
1.49%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Gaines, Tioga County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16921 | 1.04% | 1.34% | 1.40% | 1.40% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Gaines, Tioga County, Pennsylvania
When examining property taxes in GAINES, 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 Tioga 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 Tioga 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 GAINES.
For example, the median home price in GAINES is $46,590, with tax bills ranging significantly across the county. Zip code 16921 has the highest median home price at $46,590.
Property Tax Assessment Values Across Gaines, Tioga County, Pennsylvania
Source: Ownwell
$101,980
$166,398
$230,815
Median Gaines Market Value
$101,980
Median Tioga County Market Value
$147,770
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Gaines, Tioga County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16921 | $23,558 | $45,730 | $101,980 | $162,760 | $264,906 |
Source: Ownwell
Property Tax Bills Across Gaines, Tioga County, Pennsylvania
In Gaines, Tioga County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This value is then multiplied by the local tax rate to calculate the annual tax bill. Factors such as property size, location, and market conditions can influence the assessed value. Homeowners in Gaines experience a median tax bill that is notably lower than the national median of $2,400, with most bills falling between $621 and $1,836. However, some can be as high as $2,742, especially in areas with higher property values or tax rates.
High property taxes can strain household budgets, but Ownwell offers a solution. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially lower their assessed values, leading to reduced tax bills. With personalized support and a thorough understanding of local tax codes, Ownwell ensures homeowners pay only their fair share, offering peace of mind and financial relief.
Median Gaines Tax Bill
$1,328
Median Tioga County Tax Bill
$2,235
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Gaines, Tioga County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16921 | $317 | $628 | $1,328 | $2,066 | $3,086 |
Source: Ownwell