Bear Lake, Warren County, Pennsylvania Property Taxes
Median Bear Lake, PA effective property tax rate: 3.29%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Bear Lake, PA home value: $35,456
Median annual Bear Lake, PA tax bill: $1,124, $1,276 lower than the national median property tax bill of $2,400.
How are property taxes in Warren calculated?
Property taxes in Bear Lake, 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 Bear Lake’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bear Lake, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bear Lake, Warren County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.35%
Estimate Property Tax Bill
$1,186
$1,101
Property Tax Rates Across Bear Lake, Warren County, Pennsylvania
Local government entities determine tax rates, leading to significant variation within a state. This occurs because each county annually estimates its budget needs to provide public services and divides this by the total value of all taxable properties in its area, resulting in the property tax rate. Although setting tax rates and budgets involves votes and regulations, this is the fundamental process each year.
Bear Lake in Warren County, Pennsylvania, offers an intriguing case study. With an effective property tax rate of 3.29%, Bear Lake stands out compared to other cities in Pennsylvania. This rate is notably higher than both the state and national medians, with the national median property tax rate at 1.02%. Such a high rate reflects the local government's calculated need to fund services in the area. For homeowners in Bear Lake, this means a significantly higher property tax bill compared to the national median of $2,400. Understanding these rates can empower property owners to make informed decisions about their property tax obligations and explore potential appeal or exemption opportunities.
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 Bear Lake Tax Rate
3.35%
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 Warren County Tax Rate
4.13%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bear Lake, Warren County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16402 | 2.15% | 2.73% | 3.35% | 4.28% | 4.47% |
Source: Ownwell
Property Tax Assessment Values Across Bear Lake, Warren County, Pennsylvania
When examining property taxes in Bear Lake, 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 Warren 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 Warren 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 Bear Lake. For example, the median home price in Bear Lake is $35,456, with tax bills ranging significantly across the county. Zip code 16402 has the highest median home price at $35,456.
Property Tax Assessment Values Across Bear Lake, Warren County, Pennsylvania
Source: Ownwell
$14,730
$31,527
$48,324
Median Bear Lake Market Value
$35,402
Median Warren County Market Value
$33,924
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bear Lake, Warren County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16402 | $13,052 | $23,512 | $35,402 | $49,760 | $70,128 |
Source: Ownwell
Property Tax Bills Across Bear Lake, Warren County, Pennsylvania
Median Bear Lake Tax Bill
$1,150
Median Warren County Tax Bill
$1,302
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Bear Lake, Warren County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16402 | $373 | $657 | $1,150 | $1,669 | $2,269 |
Source: Ownwell