New Castle, Lawrence County, Pennsylvania Property Taxes

Name: Property Tax Bills Across New Castle, Lawrence County, Pennsylvania
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median New Castle, PA effective property tax rate: 2.91%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median New Castle, PA home value: $62,050
Median annual New Castle, PA tax bill: $2,005, $395 lower than the national median property tax bill of $2,400.

How are property taxes in Lawrence calculated?

Property taxes in New Castle, 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 New Castle’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Castle, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

New Castle, Lawrence County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.91%

Estimate Property Tax Bill

$1,806

$1,676

Ownwell’s NEW CASTLE Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in NEW CASTLE with just two data points. By entering your property's estimated assessed value, our calculator applies NEW CASTLE’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Lawrence County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across New Castle, Lawrence County, Pennsylvania

Local government entities set property tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. This annual process involves votes and laws to set tax rates and budgets.

In New Castle, located in Lawrence County, Pennsylvania, the effective property tax rate stands out when compared to other cities in the state. The median property tax rate in Pennsylvania is significantly higher than the national median of 1.02%. New Castle's rate is among the highest in the state, indicating a substantial financial commitment to local services. This is a common scenario in states with higher property tax rates, where local governments rely heavily on property taxes to fund essential services.

For property owners in New Castle, understanding these rates is crucial for financial planning. Comparing these rates to national figures highlights the importance of property tax appeal and exemption services to potentially reduce tax burdens. By staying informed and proactive, residents can better manage their property tax obligations.

Property Tax Rates Across New Castle, Lawrence County, Pennsylvania

Source: Ownwell

2.30%

2.93%

3.56%

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 New Castle Tax Rate

2.91%

Median Effective Lawrence County Tax Rate

2.91%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across New Castle, Lawrence County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
16101	2.40%	2.61%	2.91%	4.02%	4.19%
16102	2.48%	2.48%	2.88%	4.02%	4.14%
16105	2.91%	2.91%	2.91%	4.04%	4.20%
16107	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across New Castle, Lawrence County, Pennsylvania

When examining property taxes in NEW CASTLE, 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 Lawrence 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 Lawrence 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 NEW CASTLE. For example, the median home price in NEW CASTLE is $62,050, with tax bills ranging significantly across the county. 16105 has the highest median home price at $92,400.

Property Tax Assessment Values Across New Castle, Lawrence County, Pennsylvania

Source: Ownwell

$43,200

$80,550

$117,900

Median New Castle Market Value

$62,050

Median Lawrence County Market Value

$65,300

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across New Castle, Lawrence County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
16101	$17,590	$30,200	$51,500	$86,300	$131,900
16102	$16,870	$26,725	$43,200	$86,400	$140,330
16105	$47,900	$61,200	$92,400	$145,800	$211,900
16107	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across New Castle, Lawrence County, Pennsylvania

In New Castle, PA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value of the property, influenced by factors such as location, property size, and improvements. Homeowners in New Castle face a median tax bill of $2,400, matching the national median. However, tax bills can vary significantly, ranging from $1,286 at the 25th percentile to $4,480 at the 90th percentile. New Castle's highest median tax bill is found in ZIP code 16105, at $2,980, while the lowest is in ZIP code 16102, at $1,447. These variations can impact homeowners' budgets significantly. Ownwell helps homeowners by providing property tax appeal and exemption services, potentially lowering their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell aids homeowners in reducing their financial burden, ensuring they pay only their fair share.

Property Tax Bills Across New Castle, Lawrence County, Pennsylvania

Source: Ownwell

$1,291

$2,329

$3,367

Median New Castle Tax Bill

$2,005

Median Lawrence County Tax Bill

$2,023

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across New Castle, Lawrence County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
16101	$686	$1,113	$1,696	$2,437	$3,490
16102	$609	$1,018	$1,447	$2,242	$3,537
16105	$1,723	$2,215	$2,980	$4,344	$6,128
16107	N/A	N/A	N/A	N/A	N/A

Source: Ownwell