Property Taxes in Mount Jewett, Pennsylvania
Median Mount Jewett, Pennsylvania effective property tax rate: 3.91%, significantly higher than the national median of 1.02%, and higher than the Pennsylvania state median of 2.75%.
Median Mount Jewett, Pennsylvania home value: $20,815
Median annual Mount Jewett, Pennsylvania tax bill: $727, lower than the national median property tax bill of $2,400.
How are property taxes in McKean calculated?
Property taxes in Mount Jewett, 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 Mount Jewett's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mount Jewett, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Mount Jewett Property Tax Calculator Work?
Use this Mount Jewett property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Mount Jewett's median effective tax rate of 3.91% — based on actual property records in McKean County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Mount Jewett'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 Mount Jewett: rates range from $727 in 16740 to $727 in 16740, 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 Mount Jewett.
About Mount Jewett Property Taxes
About Property Taxes in Mount Jewett, McKean, Pennsylvania
Mount Jewett's median effective property tax rate of 3.91% 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 Mount Jewett. Homeowners in the 16740 ZIP code carry a median effective rate of 3.91%, while those in 16740 pay 3.91%. 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 Mount Jewett you live in can make a meaningful difference to your annual tax bill.
Mount Jewett 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 Mount Jewett, 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 Mount Jewett'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 Mount Jewett Tax Rate
3.91%
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 Mount Jewett, Mckean County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16740 | 3.30% | 3.36% | 3.91% | 4.00% | 4.00% |
Source: Ownwell
Property Tax Assessment Values Across Mount Jewett, Mckean County, Pennsylvania
When examining property taxes in Mount Jewett, 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 McKean 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:
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. 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 Mount Jewett.
For example, the median home price in Mount Jewett is $20,815, with tax bills ranging significantly across the county. 16740 has the highest median home price at $20,815.
Property Tax Assessment Values Across Mount Jewett, Mckean County, Pennsylvania
Source: Ownwell
$10,325
$24,468
$38,610
Median Mount Jewett Market Value
$20,815
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 Mount Jewett, Mckean County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16740 | $6,634 | $11,005 | $20,815 | $41,430 | $76,766 |
Source: Ownwell
Property Tax Bills Across Mount Jewett, Mckean County, Pennsylvania
Property Tax Bills in Mount Jewett, Pennsylvania
Property tax bills in Mount Jewett are based on the assessed value of a home, not its market price. Local taxing authorities apply the property tax rate to that assessed value, which is then used to calculate the annual bill. Factors such as the home’s assessment and the local tax rate both play a role in determining what a homeowner owes.
With a median home price of $20,815, property taxes can still represent a meaningful expense for homeowners, even when home values are relatively modest. The typical tax bill in the area is $727.00, and bills can vary widely, with the 25th percentile at $415 and the 75th percentile at $1,565. At the high end, the 90th percentile reaches $2,578.
For homeowners, this means property taxes can affect monthly budgeting and long-term housing costs. Understanding how the bill is calculated can help homeowners better anticipate changes and review whether their assessment accurately reflects their property.
Median Mount Jewett Tax Bill
$727
Median Mckean County Tax Bill
$834
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$3,209
Property Tax Bills Across Mount Jewett, Mckean County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16740 | $242 | $415 | $727 | $1,565 | $2,578 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | September 1 |
Links | |
|---|---|
| McKean Tax Assessor | |
| Website | mckeancounty.maps.arcgis.com |