South Williamsport, Lycoming County, Pennsylvania Property Taxes
Median South Williamsport, PA effective property tax rate: 3.03%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median South Williamsport, PA home value: $32,000
Median annual South Williamsport, PA tax bill: $855, $1,545 lower than the national median property tax bill of $2,400.
How are property taxes in Lycoming calculated?
Property taxes in South Williamsport, 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 South Williamsport’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in South Williamsport, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
South Williamsport, Lycoming County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.11%
Estimate Property Tax Bill
$4,340
$4,028
Property Tax Rates Across South Williamsport, Lycoming County, Pennsylvania
Local government entities in Pennsylvania set tax rates, which can vary widely within the state. Each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In South Williamsport, located in Lycoming County, the effective property tax rate is notably higher than the national median of 1.02%. This rate is consistent across Lycoming County, reflecting a uniform approach to property tax assessment in the area. The uniformity in tax rates within South Williamsport and the rest of the county suggests a stable local fiscal policy.
Comparatively, the median property tax rate in Pennsylvania varies, with South Williamsport standing out for its consistency. This allows residents to anticipate their tax liabilities more predictably. Understanding these rates in the context of regional and national figures can help property owners make informed decisions about their investments.
Property Tax Rates Across South Williamsport, 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 South Williamsport Tax Rate
3.11%
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
1.02%
Property Tax Rates Across South Williamsport, Lycoming County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17702 | 3.11% | 3.11% | 3.11% | 3.11% | 3.11% |
Source: Ownwell
Property Tax Assessment Values Across South Williamsport, Lycoming County, Pennsylvania
When examining property taxes in South Williamsport, 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 South Williamsport. For example, the median home price in South Williamsport is $32,000, with tax bills ranging significantly across the county. 17702 has the highest median home price at $32,000.
Property Tax Assessment Values Across South Williamsport, Lycoming County, Pennsylvania
Source: Ownwell
$38,575
$89,068
$139,560
Median South Williamsport Market Value
$139,560
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 South Williamsport, Lycoming County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17702 | $96,174 | $102,330 | $139,560 | $180,150 | $191,926 |
Source: Ownwell
Property Tax Bills Across South Williamsport, Lycoming County, Pennsylvania
Property Tax Bills Across South Williamsport, Lycoming County, Pennsylvania
Source: Ownwell
$960
$2,649
$4,338
Median South Williamsport Tax Bill
$4,338
Median Lycoming County Tax Bill
$2,492
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across South Williamsport, Lycoming County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
17702 | $2,945 | $3,082 | $4,338 | $5,599 | $5,965 |
Source: Ownwell