Property Taxes in Picture Rocks, Pennsylvania
Median Picture Rocks, Pennsylvania effective property tax rate: 2.47%, significantly lower than the national median of 1.02%, and lower than the Pennsylvania state median of 2.75%.
Median Picture Rocks, Pennsylvania home value: $86,055
Median annual Picture Rocks, Pennsylvania tax bill: $2,105, lower than the national median property tax bill of $2,400.
How are property taxes in Lycoming calculated?
Property taxes in Picture Rocks, Pennsylvania 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 Picture Rocks's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Picture Rocks, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Picture Rocks Property Tax Calculator Work?
Use this Picture Rocks property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Picture Rocks's median effective tax rate of 2.47% — based on actual property records in Lycoming County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Picture Rocks's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Picture Rocks: rates range from 2.47% in 17762 to 2.47% in 17762, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Picture Rocks.
About Picture Rocks Property Taxes
About Property Taxes in Picture Rocks, Lycoming, Pennsylvania
Picture Rocks’s median effective property tax rate of 2.47% is lower than the Pennsylvania state median of 2.75% and higher than the national median of 1.02%. This rate reflects the Lycoming County base levy combined with local school district levies and special taxing districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Picture Rocks. Homeowners in the 17762 ZIP code carry a median effective rate of 2.47%, while those in the lowest ZIP pay 2.47%. This spread reflects how school district boundaries and local assessment districts are drawn across Lycoming County. Understanding which part of Picture Rocks you live in can make a meaningful difference to your annual tax bill.
Picture Rocks homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the August 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Picture Rocks, Lycoming County, Pennsylvania
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Picture Rocks'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 Picture Rocks, 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 Picture Rocks Tax Rate
2.47%
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 Lycoming County Tax Rate
2.63%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Picture Rocks, Lycoming County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17762 | 2.47% | 2.47% | 2.47% | 2.47% | 2.47% |
Source: Ownwell
Property Tax Assessment Values Across Picture Rocks, Lycoming County, Pennsylvania
When examining property taxes in Picture Rocks, 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 Lycoming County assessment office 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 are sent in the spring each year and typically reach your mailbox by the middle of the month. Each property owner receives a notice that contains both the market value and assessed value, along with an estimate of your property tax bill.
For example, the median home price in Picture Rocks is $86,055, with tax bills centered at $2,105. The highest median home price is in ZIP code 17762, where the median tax bill is also $2,105.
Property Tax Assessment Values Across Picture Rocks, Lycoming County, Pennsylvania
Source: Ownwell
$38,575
$89,068
$139,560
Median Picture Rocks Market Value
$86,055
Median Lycoming County Market Value
$88,010
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$274,101
Property Tax Assessment Values Across Picture Rocks, Lycoming County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17762 | $62,219 | $71,170 | $86,055 | $101,040 | $127,537 |
Source: Ownwell
Property Tax Bills Across Picture Rocks, Lycoming County, Pennsylvania
Property tax bills in Picture Rocks are based on the assessed value of a home and the local tax rate set by the county and other taxing authorities. When a property is reassessed, the taxable value can change, which directly affects the bill homeowners receive. The median home price in Picture Rocks is $86,055, so even modest changes in assessment can have a noticeable impact on annual taxes.
Homeowners here typically see property tax bills that vary widely depending on their home’s value and location within the county. The 25th percentile tax bill is $1,648, while the 75th percentile is $2,460 and the 90th percentile reaches $3,123. The median tax bill is $2,105, which is below the national median property tax bill of $2,400 but above the national median property tax rate of 1.02% in many cases, depending on the home’s assessed value.
Because property taxes are tied to assessed value, a higher assessment can mean a larger bill and a greater monthly housing cost for homeowners.
Property Tax Bills Across Picture Rocks, Lycoming County, Pennsylvania
Source: Ownwell
$960
$2,649
$4,338
Median Picture Rocks Tax Bill
$2,105
Median Lycoming County Tax Bill
$2,492
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$3,209
Property Tax Bills Across Picture Rocks, Lycoming County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 17762 | $501 | $1,648 | $2,105 | $2,460 | $3,123 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | September 1 |
Links | |
|---|---|
| Lycoming Tax Assessor | |
| Website | propertyinfo.lyco.org |