Nescopeck, Luzerne County, Pennsylvania Property Taxes
Median Nescopeck, PA effective property tax rate: 1.94%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Nescopeck, PA home value: $102,450
Median annual Nescopeck, PA tax bill: $2,055, $345 lower than the national median property tax bill of $2,400.
How are property taxes in Luzerne calculated?
Property taxes in Nescopeck, 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 Nescopeck’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Nescopeck, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Nescopeck, Luzerne County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.1%
Estimate Property Tax Bill
$2,167
$2,011
Property Tax Rates Across Nescopeck, Luzerne County, Pennsylvania
Local government entities set tax rates, which can vary widely within a state. 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 Nescopeck’s effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S.
Nescopeck, located in Luzerne County, has an effective property tax rate of 1.94%. This rate is significantly higher than the national median property tax rate of 1.02%. The median property tax bill in Nescopeck is also notably higher than the national median property tax bill of $2,400. These figures highlight the importance of understanding local property tax rates and exploring potential savings through property tax appeals. By being informed about your property tax obligations, you can make better financial decisions and potentially reduce your tax burden.
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 Nescopeck Tax Rate
2.10%
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 Nescopeck, Luzerne County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18635 | 2.08% | 2.08% | 2.10% | 2.25% | 2.25% |
Source: Ownwell
Property Tax Assessment Values Across Nescopeck, Luzerne County, Pennsylvania
When examining property taxes in Nescopeck, 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 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 Nescopeck. For example, the median home price in Nescopeck is $102,450, with tax bills ranging significantly across the county. Zip code 18635 has the highest median home price at $102,450.
Property Tax Assessment Values Across Nescopeck, Luzerne County, Pennsylvania
Source: Ownwell
$22,100
$124,200
$226,300
Median Nescopeck Market Value
$103,200
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 Nescopeck, Luzerne County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18635 | $50,300 | $73,850 | $103,200 | $146,950 | $199,500 |
Source: Ownwell
Property Tax Bills Across Nescopeck, Luzerne County, Pennsylvania
In Nescopeck, located in Luzerne County, PA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. With the national median property tax rate at 1.02%, homeowners in Nescopeck might find their tax bills relatively moderate. The median home price in the area is $102,450, which influences the property tax calculation. However, tax bills can vary significantly, with the 25th percentile at $1,507 and the 90th percentile reaching $3,845. These variations can affect homeowners' financial planning and budgeting.
Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By reviewing the assessed values and ensuring they are fair and accurate, Ownwell helps homeowners potentially lower their tax bills. This service can lead to significant savings, allowing homeowners to allocate resources to other important financial needs.
Median Nescopeck Tax Bill
$2,231
Median Luzerne County Tax Bill
$2,802
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Nescopeck, Luzerne County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18635 | $1,101 | $1,628 | $2,231 | $3,114 | $4,191 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Luzerne Tax Assessor | |
| Website | www.timesleader.com |