Exeter, Luzerne County, Pennsylvania Property Taxes

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

Median Exeter, PA effective property tax rate: 2.63%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Exeter, PA home value: $100,350
Median annual Exeter, PA tax bill: $2,625, $225 higher than the national median property tax bill of $2,400.

How are property taxes in Luzerne calculated?

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

Last Updated March 1, 2025

Exeter, Luzerne County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.63%

Estimate Property Tax Bill

$2,639

$2,449

Ownwell’s Exeter Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Exeter with just two data points. By entering your property's estimated assessed value, our calculator applies Exeter’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 Luzerne County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Exeter, Luzerne County, Pennsylvania

Local government entities set 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. 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.

Exeter in Luzerne County, Pennsylvania, stands out with an effective property tax rate significantly above the national median. While the national median property tax rate is 1.02%, Exeter's rate is 2.63%, which is also the highest in the state. This means residents in Exeter face higher property tax bills compared to many other parts of the country. The state median tax rate mirrors Exeter's rate, indicating a consistent trend within Pennsylvania.

Comparing Exeter's property tax rate to other cities in Pennsylvania and the national median highlights the higher financial burden on its residents. Understanding these differences is crucial for property owners considering tax appeals or exemptions.

Property Tax Rates Across Exeter, Luzerne County, Pennsylvania

Source: Ownwell

1.85%

2.53%

3.21%

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 Exeter Tax Rate

2.63%

Median Effective Luzerne County Tax Rate

2.52%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Exeter, Luzerne County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
18643	2.63%	2.63%	2.63%	2.63%	2.63%

Source: Ownwell

Property Tax Assessment Values Across Exeter, Luzerne County, Pennsylvania

When examining property taxes in Exeter, 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 Luzerne 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 Luzerne 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 Exeter.

For example, the median home price in Exeter is $100,350, with tax bills ranging significantly across the county. Zip code 18643 has the highest median home price at $100,350.

Property Tax Assessment Values Across Exeter, Luzerne County, Pennsylvania

Source: Ownwell

$47,550

$137,425

$227,300

Median Exeter Market Value

$100,350

Median Luzerne County Market Value

$93,900

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Exeter, Luzerne County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
18643	$17,100	$70,400	$100,350	$125,825	$166,750

Source: Ownwell

Property Tax Bills Across Exeter, Luzerne County, Pennsylvania

In Exeter, located in Luzerne County, PA, property tax bills are determined by assessing the market value of a home and applying the local tax rate. With a median home price of $100,350, Exeter residents face property tax bills that can vary significantly. For example, the tax bill at the 25th percentile is $1,835, while at the 75th percentile, it rises to $3,316. Notably, the 90th percentile tax bill reaches $4,383. These figures are above the national median property tax bill of $2,400, indicating that Exeter homeowners may pay more than the average American homeowner. The highest and lowest median tax bills in the area are both $2,625, underscoring a consistent tax assessment approach within the 18643 zip code. Such variability in tax bills can significantly impact homeowners' finances. By working with Ownwell, homeowners in Exeter can potentially reduce their property tax bills. Ownwell's expertise in property tax appeals and exemptions can help ensure that residents are not overpaying, providing substantial savings and peace of mind.

Property Tax Bills Across Exeter, Luzerne County, Pennsylvania

Source: Ownwell

$908

$3,317

$5,725

Median Exeter Tax Bill

$2,625

Median Luzerne County Tax Bill

$2,646

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Exeter, Luzerne County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
18643	$449	$1,835	$2,625	$3,316	$4,383

Source: Ownwell