Property Taxes in Penn Run, Pennsylvania
Median Penn Run, Pennsylvania effective property tax rate: 2.20%, significantly lower than the national median of 1.02%, and lower than the Pennsylvania state median of 2.75%.
Median Penn Run, Pennsylvania home value: $112,400
Median annual Penn Run, Pennsylvania tax bill: $2,516, higher than the national median property tax bill of $2,400.
How are property taxes in Indiana calculated?
Property taxes in Penn Run, Pennsylvania 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 Penn Run's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Penn Run, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Penn Run Property Tax Calculator Work?
Use this Penn Run property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Penn Run's median effective tax rate of 2.20% — based on actual property records in Indiana County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Penn Run's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Penn Run: rates range from 2.20% in 15765 to 2.20% in 15765, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Penn Run.
About Penn Run Property Taxes
About Property Taxes in Penn Run, Indiana, Pennsylvania
Penn Run’s median effective property tax rate of 2.20% is lower than the Pennsylvania state median of 2.75% and lower than the national median of 1.02%. This rate reflects the Indiana County base levy combined with local school district levies and special taxing districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Penn Run. Homeowners in ZIP code 15765 carry a median effective rate of 2.20%, while those in the same ZIP code also pay 2.20%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Indiana County. Understanding which part of Penn Run you live in can make a meaningful difference to your annual tax bill.
Penn Run homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before August 1, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Penn Run, Indiana County, Pennsylvania
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Penn Run's 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 Penn Run Tax Rate
2.20%
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 Indiana County Tax Rate
2.26%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Penn Run, Indiana County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15765 | 1.78% | 2.20% | 2.20% | 2.20% | 2.25% |
Source: Ownwell
Property Tax Assessment Values Across Penn Run, Indiana County, Pennsylvania
When examining property taxes in Penn Run, 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 Indiana 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.
Assessment notices:
In Indiana County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Penn Run.
For example, the median home price in Penn Run is $112,400, with tax bills ranging significantly across the county. 15765 has the highest median home price at $112,400.
Property Tax Assessment Values Across Penn Run, Indiana County, Pennsylvania
Source: Ownwell
$26,000
$83,800
$141,600
Median Penn Run Market Value
$112,400
Median Indiana County Market Value
$98,500
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$274,101
Property Tax Assessment Values Across Penn Run, Indiana County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15765 | $25,800 | $62,900 | $112,400 | $163,500 | $233,660 |
Source: Ownwell
Property Tax Bills Across Penn Run, Indiana County, Pennsylvania
Property tax bills in Penn Run are calculated based on the assessed value of a home and the local tax rate set by taxing authorities. When a property is reassessed, the county determines its market value, then applies the appropriate millage rates to calculate the bill. For homeowners, this means taxes can change when home values rise or when local budgets shift.
The median home price in Penn Run is $112,400, which helps explain why property tax bills vary from one household to another. The 25th percentile tax bill is $1,400, while the 75th percentile is $3,589 and the 90th percentile is $5,171. The median tax bill in the area is $2,516, which is above the national median property tax bill of $2,400 and above the national median property tax rate of 1.02%. That makes it important for homeowners to understand how their assessed value affects what they owe each year.
Median Penn Run Tax Bill
$2,516
Median Indiana County Tax Bill
$2,273
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$3,209
Property Tax Bills Across Penn Run, Indiana County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15765 | $568 | $1,400 | $2,516 | $3,589 | $5,171 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 1 |
Links | |
|---|---|
| Indiana Tax Assessor | |
| Website | www.courthouseonline.com |