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Gouldsboro, Luzerne County, Pennsylvania Property Taxes

  • Median Gouldsboro, PA effective property tax rate: 2.48%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.

  • Median Gouldsboro, PA home value: $175,750

  • Median annual Gouldsboro, PA tax bill: $4,273, $1,873 higher than the national median property tax bill of $2,400.

How are property taxes in Luzerne County calculated?

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

Last Updated March 1, 2025

Gouldsboro, Luzerne County, Pennsylvania Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.48%

Estimate Property Tax Bill

$4,276

$3,968

Ownwell’s Gouldsboro Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Gouldsboro with just two data points.

By entering your property's estimated assessed value, our calculator applies Gouldsboro’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 Gouldsboro, Luzerne County, Pennsylvania

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

In Gouldsboro, located in Wayne County, Pennsylvania, the effective property tax rate stands at 2.48%, which is notably above the national median of 1.02%. This rate is also higher than the median property tax rate in Pennsylvania, illustrating the variability in property tax rates within the state. Gouldsboro's property tax rate is among the highest in Pennsylvania, reflecting the community's budgetary needs and property values. Residents here face a property tax bill that is significantly higher than the national median of $2,400.

Comparing Gouldsboro to other cities in Pennsylvania highlights the importance of understanding local tax rates when considering property ownership. This knowledge can be crucial for potential homeowners or current residents looking to manage their property expenses effectively.

Property Tax Rates Across Gouldsboro, Luzerne County, Pennsylvania

Source: Ownwell

1.87%

2.56%

3.25%

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 Gouldsboro Tax Rate

2.48%

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 Luzerne County Tax Rate

2.60%

Median Effective Pennsylvania Tax Rate

2.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Gouldsboro, Luzerne County, Pennsylvania

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
184242.48%2.48%2.48%2.48%2.48%

Source: Ownwell

Property Tax Assessment Values Across Gouldsboro, Luzerne County, Pennsylvania

When examining property taxes in Gouldsboro, 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 March. 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 Gouldsboro. For example, the median home price in Gouldsboro is $175,750, with tax bills ranging significantly across the county. Zip code 18424 has the highest median home price at $175,750.

Property Tax Assessment Values Across Gouldsboro, Luzerne County, Pennsylvania

Source: Ownwell

$22,100

$124,200

$226,300

Median Gouldsboro Market Value

$172,400

Median Luzerne County Market Value

$94,400

Median Pennsylvania Market Value

$118,310

Median United States Market Value

$235,294

Property Tax Assessment Values Across Gouldsboro, Luzerne County, Pennsylvania

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
18424$69,400$101,700$172,400$307,325$390,400

Source: Ownwell

Property Tax Bills Across Gouldsboro, Luzerne County, Pennsylvania

In Gouldsboro, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the Luzerne County tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Gouldsboro experience a range of tax bills, with the 25th percentile at $2,428, which is slightly above the national median property tax bill of $2,400. At the higher end, the 75th percentile tax bill reaches $7,391, showing significant variation depending on property value and location. For those in the 90th percentile, tax bills can soar to $9,701, reflecting the impact of higher property assessments. Homeowners may feel the financial strain of these taxes, but Ownwell offers a solution. By providing expert property tax appeal services, Ownwell can help homeowners potentially reduce their tax bills. Our team ensures that your property is fairly assessed, potentially leading to substantial savings and alleviating the burden of high property taxes.

Property Tax Bills Across Gouldsboro, Luzerne County, Pennsylvania

Source: Ownwell

$635

$3,185

$5,734

Median Gouldsboro Tax Bill

$4,273

Median Luzerne County Tax Bill

$2,802

Median Pennsylvania Tax Bill

$3,050

Median United States Tax Bill

$2,400

Property Tax Bills Across Gouldsboro, Luzerne County, Pennsylvania

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
18424$1,720$2,521$4,273$7,618$9,677

Source: Ownwell

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