Falls, Wyoming County, Pennsylvania Property Taxes
Median FALLS, PA effective property tax rate: 5.76%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median FALLS, PA home value: $52,390
Median annual FALLS, PA tax bill: $3,073, $673 higher than the national median property tax bill of $2,400.
How are property taxes in Wyoming calculated?
Property taxes in FALLS, 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 FALLS’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in FALLS, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Falls, Wyoming County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
5.81%
Estimate Property Tax Bill
$2,927
$2,716
Property Tax Rates Across Falls, Wyoming County, Pennsylvania
Local government entities determine tax rates, which can vary considerably within a state. Annually, each county calculates its necessary budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This process determines the property tax rate. While votes and laws play a role in setting tax rates and budgets, this encapsulates the yearly procedure.
Below, you can compare Falls’ effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S.
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 Falls Tax Rate
5.81%
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 Wyoming County Tax Rate
5.79%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Falls, Wyoming County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18615 | 5.81% | 5.81% | 5.81% | 6.76% | 6.76% |
Source: Ownwell
Property Tax Assessment Values Across Falls, Wyoming County, Pennsylvania
When examining property taxes in Falls, Pennsylvania, 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 Wyoming 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 Wyoming 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 Falls. For example, the median home price in Falls is $52,390, with tax bills ranging significantly across the county. Zip code 18615 has the highest median home price at $52,390.
Property Tax Assessment Values Across Falls, Wyoming County, Pennsylvania
Source: Ownwell
$31,600
$51,250
$70,900
Median Falls Market Value
$50,380
Median Wyoming County Market Value
$47,525
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Falls, Wyoming County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18615 | $17,184 | $33,455 | $50,380 | $70,815 | $93,391 |
Source: Ownwell
Property Tax Bills Across Falls, Wyoming County, Pennsylvania
In Falls, Wyoming County, PA, property tax bills are calculated based on the assessed value of a property, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. With a median home price of $52,390, homeowners in Falls face a median tax bill that can vary significantly, ranging from the 25th percentile at $2,138 to the 90th percentile at $5,513. This variability highlights the importance of accurate assessments. The median tax bill in Falls is notably higher than the national median property tax bill of $2,400, reflecting the impact on homeowners' finances.
Ownwell offers valuable assistance by providing property tax appeal and exemption services. By analyzing local market trends and comparable property values, Ownwell identifies potential savings for homeowners. Their expertise can lead to significant reductions in property tax bills, ensuring homeowners are not overpaying. With Ownwell's support, homeowners can achieve a fair assessment and potentially lower their tax obligations.
Median Falls Tax Bill
$3,191
Median Wyoming County Tax Bill
$2,948
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Falls, Wyoming County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18615 | $1,466 | $2,229 | $3,191 | $4,371 | $5,726 |
Source: Ownwell