Montgomery, Lycoming County, Pennsylvania Property Taxes

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

Median Montgomery, PA effective property tax rate: 2.49%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Montgomery, PA home value: $84,740
Median annual Montgomery, PA tax bill: $2,312, $88 lower than the national median property tax bill of $2,400.

How are property taxes in Lycoming calculated?

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

Last Updated March 1, 2025

Montgomery, Lycoming County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.66%

Estimate Property Tax Bill

$2,268

$2,104

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

By entering your property's estimated assessed value, our calculator applies Montgomery’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.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Montgomery, Lycoming 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 Montgomery’s effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S. Montgomery, situated in Lycoming County, faces a property tax rate that is notably higher than the national median of 1.02%. This rate reflects the county's approach to funding essential services and maintaining infrastructure. It’s important to note that property tax rates can significantly impact homeowners, influencing decisions about buying, selling, or investing in properties. By understanding these rates, property owners in Montgomery can make informed financial decisions and potentially explore opportunities for property tax appeals or exemptions.

Property Tax Rates Across Montgomery, 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 Montgomery Tax Rate

2.66%

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 Montgomery, Lycoming County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
17752	2.49%	2.66%	2.66%	3.27%	3.27%

Source: Ownwell

Property Tax Assessment Values Across Montgomery, Lycoming County, Pennsylvania

When examining property taxes in Montgomery, 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.

In Lycoming 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 Montgomery. For example, the median home price in Montgomery is $84,740, with tax bills ranging significantly across the county. Zip code 17752 has the highest median home price at $84,740.

Property Tax Assessment Values Across Montgomery, Lycoming County, Pennsylvania

Source: Ownwell

$38,575

$89,068

$139,560

Median Montgomery Market Value

$85,250

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 Montgomery, Lycoming County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
17752	$39,480	$62,460	$85,250	$116,940	$151,384

Source: Ownwell

Property Tax Bills Across Montgomery, Lycoming County, Pennsylvania

In Montgomery, Lycoming County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. The median home price in Montgomery is $84,740, which contributes to the calculation of the tax bill. Tax bills can vary significantly, with the 25th percentile at $1,725 and the 75th percentile reaching $2,922, while the 90th percentile tax bill is $3,751. These figures highlight the variability in property tax bills, demonstrating the importance of ensuring that a home's assessed value is accurate. Homeowners in Montgomery face tax bills that are slightly below the national median property tax bill of $2,400. Ownwell offers services to help homeowners potentially reduce their property tax bills by appealing incorrect assessments and identifying possible exemptions. By leveraging these services, homeowners can ensure their property taxes are fair and potentially save money.

Property Tax Bills Across Montgomery, Lycoming County, Pennsylvania

Source: Ownwell

$960

$2,649

$4,338

Median Montgomery Tax Bill

$2,345

Median Lycoming County Tax Bill

$2,492

Median Pennsylvania Tax Bill

$3,050

Median United States Tax Bill

$2,400

Property Tax Bills Across Montgomery, Lycoming County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
17752	$437	$1,580	$2,345	$3,075	$3,947

Source: Ownwell

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