Slippery Rock, Lawrence County, Pennsylvania Property Taxes
Median Slippery Rock, PA effective property tax rate: 2.30%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Slippery Rock, PA home value: $102,300
Median annual Slippery Rock, PA tax bill: $2,383, $17 lower than the national median property tax bill of $2,400.
How are property taxes in Lawrence calculated?
Property taxes in Slippery Rock, 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 Slippery Rock’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Slippery Rock, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Slippery Rock, Lawrence County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.3%
Estimate Property Tax Bill
$2,353
$2,183
Ownwell’s Slippery Rock Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Slippery Rock with just two data points.
By entering your property's estimated assessed value, our calculator applies Slippery Rock’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 Slippery Rock, Lawrence County, Pennsylvania
Local government entities determine tax rates, which can differ significantly within a state. Each year, counties estimate their necessary budget to provide services and divide that by the total value of all taxable property in their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In Slippery Rock, located in Lawrence County, PA, the effective property tax rate is a crucial consideration for homeowners. Compared to other cities in Pennsylvania, Slippery Rock's property tax rate reflects the county's budgeting needs and the total assessed property value. Pennsylvania's median property tax rate is higher than the national median of 1.02%, making property tax appeals and exemptions an essential service for many residents. Understanding these rates can help homeowners make informed decisions about their property investments. Comparing Slippery Rock’s property tax rate to the state and national medians provides valuable insight into the local tax landscape.
Property Tax Rates Across Slippery Rock, 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 Slippery Rock Tax Rate
2.30%
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 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 Slippery Rock, Lawrence County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16057 | 2.30% | 2.30% | 2.30% | 2.30% | 2.56% |
Source: Ownwell
Property Tax Assessment Values Across Slippery Rock, Lawrence County, Pennsylvania
When examining property taxes in Slippery Rock, 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.
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 Slippery Rock.
For example, the median home price in Slippery Rock is $102,300, with tax bills ranging significantly across the county. Zip code 16057 has the highest median home price at $102,300.
Property Tax Assessment Values Across Slippery Rock, Lawrence County, Pennsylvania
Source: Ownwell
$43,200
$80,550
$117,900
Median Slippery Rock Market Value
$102,300
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 Slippery Rock, Lawrence County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16057 | $31,600 | $68,000 | $102,300 | $156,000 | $218,200 |
Source: Ownwell
Property Tax Bills Across Slippery Rock, Lawrence County, Pennsylvania
Property Tax Bills Across Slippery Rock, Lawrence County, Pennsylvania
Source: Ownwell
$1,291
$2,329
$3,367
Median Slippery Rock Tax Bill
$2,383
Median Lawrence County Tax Bill
$2,023
Median Pennsylvania Tax Bill
$3,063
Median United States Tax Bill
$2,400
Property Tax Bills Across Slippery Rock, Lawrence County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16057 | $782 | $1,596 | $2,383 | $3,729 | $5,098 |
Source: Ownwell