Sweet Valley, Luzerne County, Pennsylvania Property Taxes
Median Sweet Valley, PA effective property tax rate: 1.85%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Sweet Valley, PA home value: $120,100
Median annual Sweet Valley, PA tax bill: $2,260, $140 lower than the national median property tax bill of $2,400.
How are property taxes in Luzerne calculated?
Property taxes in Sweet Valley, 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 Sweet Valley’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sweet Valley, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sweet Valley, Luzerne County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.85%
Estimate Property Tax Bill
$2,222
$2,062
Property Tax Rates Across Sweet Valley, Luzerne County, Pennsylvania
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Annually, each county determines its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation yields the property tax rate. While there are votes and laws involved in setting these rates and budgets, this is essentially the annual process.
Below, you can compare Sweet Valley’s effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S. Sweet Valley, located in Luzerne County, has a median property tax rate of 1.85%, which is significantly higher than the national median rate of 1.02%. This rate is consistent across the county, with no variation between the highest and lowest median tax rates. When comparing this to the national median property tax bill of $2400, residents in Sweet Valley might find their property tax obligations relatively high. Understanding how these rates are set can help property owners in Sweet Valley make informed decisions about property tax appeals and exemptions.
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 Sweet Valley Tax Rate
1.85%
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
2.52%
Median Effective Pennsylvania Tax Rate
2.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sweet Valley, Luzerne County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18656 | 1.85% | 1.85% | 1.85% | 1.88% | 1.96% |
Source: Ownwell
Property Tax Assessment Values Across Sweet Valley, Luzerne County, Pennsylvania
When examining property taxes in Sweet Valley, 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 Sweet Valley.
For example, the median home price in Sweet Valley is $120,100, with tax bills ranging significantly across the county. Zip code 18656 has the highest median home price at $120,100.
Property Tax Assessment Values Across Sweet Valley, Luzerne County, Pennsylvania
Source: Ownwell
$47,550
$137,425
$227,300
Median Sweet Valley Market Value
$120,100
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 Sweet Valley, Luzerne County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18656 | $43,820 | $71,675 | $120,100 | $180,550 | $236,040 |
Source: Ownwell
Property Tax Bills Across Sweet Valley, Luzerne County, Pennsylvania
In Sweet Valley, located in Luzerne County, PA, property tax bills are calculated based on the assessed value of a home. This assessed value is then multiplied by the local tax rate to determine the final tax bill. For homeowners, this means that the higher the assessed value, the more they will pay in property taxes. The median home price in Sweet Valley is $120,100, and the tax bills vary significantly across different properties. For instance, the tax bill at the 25th percentile is $1,345, while at the 75th percentile, it rises to $3,356. The 90th percentile sees a tax bill of $4,435. Compared to the national median property tax bill of $2,400, Sweet Valley's tax bills can be relatively high or low depending on the property.
Ownwell offers valuable assistance to homeowners by helping them appeal their property assessments, potentially reducing their tax bills. By leveraging expert knowledge of local tax codes and market conditions, Ownwell can identify opportunities for savings, ensuring homeowners pay only their fair share.
Median Sweet Valley Tax Bill
$2,260
Median Luzerne County Tax Bill
$2,646
Median Pennsylvania Tax Bill
$3,063
Median United States Tax Bill
$2,400
Property Tax Bills Across Sweet Valley, Luzerne County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18656 | $823 | $1,345 | $2,260 | $3,356 | $4,435 |
Source: Ownwell