Property Taxes in Ludlow, Pennsylvania
Median Ludlow, Pennsylvania effective property tax rate: 3.62%, significantly higher than the national median of 1.02%, and higher than the Pennsylvania state median of 2.75%.
Median Ludlow, Pennsylvania home value: $10,325
Median annual Ludlow, Pennsylvania tax bill: $374, lower than the national median property tax bill of $2,400.
How are property taxes in McKean calculated?
Property taxes in Ludlow, 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 Ludlow's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ludlow, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Ludlow Property Tax Calculator Work?
Use this Ludlow property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Ludlow's median effective tax rate of 3.62% — based on actual property records in McKean County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Ludlow'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 Ludlow: rates range from 3.62% in 16333 to 3.62% in 16333, 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 Ludlow.
About Ludlow Property Taxes
About Property Taxes in Ludlow, McKean, Pennsylvania
Ludlow's median effective property tax rate of 3.62% is higher than the Pennsylvania state median of 2.75% and higher than the national median of 1.02%. This rate reflects the McKean 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 Ludlow. Homeowners in the 16333 ZIP code carry a median effective rate of 3.62%, while those in 16333 pay 3.62%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across McKean County. Understanding which part of Ludlow you live in can make a meaningful difference to your annual tax bill.
Ludlow homeowners who believe their assessed value is too high can file a formal appeal with the local 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 Ludlow, Mckean 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 Ludlow's effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S.
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 Ludlow Tax Rate
3.62%
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 Mckean County Tax Rate
3.62%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Ludlow, Mckean County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16333 | 3.21% | 3.62% | 3.62% | 3.62% | 3.62% |
Source: Ownwell
Property Tax Assessment Values Across Ludlow, Mckean County, Pennsylvania
When examining property taxes in Ludlow, 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. McKean County 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 McKean County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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. For example, the median home price in Ludlow is $10,325, with a median tax bill of $374. That is far below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Property Tax Assessment Values Across Ludlow, Mckean County, Pennsylvania
Source: Ownwell
$10,325
$24,468
$38,610
Median Ludlow Market Value
$10,325
Median Mckean County Market Value
$23,870
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$274,101
Property Tax Assessment Values Across Ludlow, Mckean County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16333 | $5,077 | $7,908 | $10,325 | $22,402 | $122,504 |
Source: Ownwell
Property Tax Bills Across Ludlow, Mckean County, Pennsylvania
Ludlow property tax bills are calculated by applying the local tax rate to a home’s assessed value, which is based on the property’s market value and any exemptions or adjustments that may apply. In McKean County, the median home price is $10,325, and that value helps shape the size of the tax bill homeowners receive.
What a homeowner pays depends on the assessed value of the property and the tax rates set by local taxing authorities. For many homes in Ludlow, tax bills can vary widely, with the 25th percentile at $286 and the 75th percentile at $811. At the high end, the 90th percentile reaches $3,296, showing how larger assessed values or fewer exemptions can significantly increase the amount due.
Property taxes affect homeowners by adding to the ongoing cost of owning a home. Even in a place with relatively low home values, a higher assessment can still lead to a noticeably larger bill.
Median Ludlow Tax Bill
$374
Median Mckean County Tax Bill
$834
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$3,209
Property Tax Bills Across Ludlow, Mckean County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16333 | $184 | $286 | $374 | $811 | $3,296 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | September 1 |
Links | |
|---|---|
| McKean Tax Assessor | |
| Website | mckeancounty.maps.arcgis.com |