Cedar Run, Lycoming County, Pennsylvania Property Taxes

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

Median Cedar Run, PA effective property tax rate: 2.61%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Cedar Run, PA home value: $63,150
Median annual Cedar Run, PA tax bill: $1,650, $750 lower than the national median property tax bill of $2,400.

How are property taxes in Lycoming calculated?

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

Last Updated March 1, 2025

Cedar Run, Lycoming County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.65%

Estimate Property Tax Bill

$1,715

$1,591

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

Property Tax Rates Across Cedar Run, Lycoming 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. Below, you can compare Cedar Run’s effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S.

Property Tax Rates Across Cedar Run, Lycoming County, Pennsylvania

Source: Ownwell

2.23%

3.15%

4.08%

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 Cedar Run Tax Rate

2.65%

Median Effective Lycoming County Tax Rate

2.63%

Median Effective Pennsylvania Tax Rate

2.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cedar Run, Lycoming County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
17727	2.65%	2.65%	2.65%	2.65%	2.65%

Source: Ownwell

Property Tax Assessment Values Across Cedar Run, Lycoming County, Pennsylvania

When examining property taxes in Cedar Run, 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 Lycoming 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.

Assessment notices:

In Lycoming 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 Cedar Run.

For example, the median home price in Cedar Run is $63,150, with tax bills ranging significantly across the county. 17727 has the highest median home price at $63,150.

Property Tax Assessment Values Across Cedar Run, Lycoming County, Pennsylvania

Source: Ownwell

$38,575

$89,068

$139,560

Median Cedar Run Market Value

$64,710

Median Lycoming County Market Value

$88,010

Median Pennsylvania Market Value

$118,310

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cedar Run, Lycoming County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
17727	$32,470	$47,915	$64,710	$101,290	$146,732

Source: Ownwell

Property Tax Bills Across Cedar Run, Lycoming County, Pennsylvania

In Cedar Run, located in Lycoming County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The tax rate is applied to this assessed value to calculate the tax bill. With a median home price of $63,150, the property tax bills in Cedar Run range significantly. Homeowners at the 25th percentile pay around $1,233, while those at the 75th percentile see bills of about $2,576. At the 90th percentile, tax bills can reach up to $3,375. These figures highlight the variability in tax bills depending on a home's assessed value. Compared to the national median property tax bill of $2,400, Cedar Run's tax bills can be both lower and higher, depending on the percentile. Homeowners can benefit from Ownwell's expertise in property tax appeal services. By leveraging local market data and understanding tax assessment nuances, Ownwell helps homeowners potentially reduce their property tax liabilities, ensuring fair tax assessments and savings.

Property Tax Bills Across Cedar Run, Lycoming County, Pennsylvania

Source: Ownwell

$960

$2,649

$4,338

Median Cedar Run Tax Bill

$1,606

Median Lycoming County Tax Bill

$2,492

Median Pennsylvania Tax Bill

$3,050

Median United States Tax Bill

$2,400

Property Tax Bills Across Cedar Run, Lycoming County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
17727	$647	$1,105	$1,606	$2,610	$3,615

Source: Ownwell