Muncy Valley, Lycoming County, Pennsylvania Property Taxes

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

Median Muncy Valley, PA effective property tax rate: 2.25%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Muncy Valley, PA home value: $84,685
Median annual Muncy Valley, PA tax bill: $1,903, $497 lower than the national median property tax bill of $2,400.

How are property taxes in Lycoming calculated?

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

Last Updated March 1, 2025

Muncy Valley, Lycoming County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.35%

Estimate Property Tax Bill

$2,009

$1,864

Ownwell’s Muncy Valley Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Muncy Valley with just two data points. By entering your property's estimated assessed value, our calculator applies Muncy Valley’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 Muncy Valley, Lycoming County, Pennsylvania

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell. In Muncy Valley, located in Lycoming County, the effective property tax rate is notably higher than both the state and national averages. Pennsylvania's median property tax rate is lower than Muncy Valley's, which stands at 2.25%, significantly exceeding the national median property tax rate of 1.02%. This means property owners in Muncy Valley face a higher tax burden compared to many other regions. Understanding these differences in tax rates can be crucial for property owners considering a property tax appeal or exemption. By comparing Muncy Valley’s effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S., property owners can better gauge their tax obligations and explore potential savings.

Property Tax Rates Across Muncy Valley, 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 Muncy Valley Tax Rate

2.35%

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 Muncy Valley, Lycoming County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
17758	2.35%	2.35%	2.35%	2.35%	2.35%

Source: Ownwell

Property Tax Assessment Values Across Muncy Valley, Lycoming County, Pennsylvania

When examining property taxes in Muncy 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 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 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 Muncy Valley. For example, the median home price in Muncy Valley is $84,685, with tax bills ranging significantly across the county. Zip code 17758 has the highest median home price at $84,685.

Property Tax Assessment Values Across Muncy Valley, Lycoming County, Pennsylvania

Source: Ownwell

$38,575

$89,068

$139,560

Median Muncy Valley Market Value

$85,490

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 Muncy Valley, Lycoming County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
17758	$36,154	$56,880	$85,490	$111,630	$157,418

Source: Ownwell

Property Tax Bills Across Muncy Valley, Lycoming County, Pennsylvania

In Muncy Valley, located in Lycoming County, PA, property tax bills are determined by assessing the market value of a home and applying the local tax rate. Homeowners in Muncy Valley typically face a median property tax bill of $1,903, which is below the national median of $2,400, making it relatively affordable. However, individual tax bills can vary significantly, with the 25th percentile at $1,212 and the 90th percentile reaching $3,125. Factors influencing these differences include property size, location, and any applicable exemptions. These variations can impact homeowners' financial planning and budgeting.

Ownwell assists homeowners by offering property tax appeal and exemption services, potentially reducing their tax burden. By analyzing property assessments and identifying discrepancies, Ownwell can help ensure that homeowners are not overpaying. This service can be especially beneficial in areas like Muncy Valley, where tax bills can vary widely. With Ownwell's expertise, homeowners can achieve more accurate and fair property tax assessments, leading to potential savings.

Property Tax Bills Across Muncy Valley, Lycoming County, Pennsylvania

Source: Ownwell

$960

$2,649

$4,338

Median Muncy Valley Tax Bill

$1,938

Median Lycoming County Tax Bill

$2,492

Median Pennsylvania Tax Bill

$3,050

Median United States Tax Bill

$2,400

Property Tax Bills Across Muncy Valley, Lycoming County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
17758	$423	$1,173	$1,938	$2,593	$3,623

Source: Ownwell