Port Allegany, Mckean County, Pennsylvania Property Taxes
Property Taxes in Port Allegany, Pennsylvania
Median Port Allegany, Pennsylvania effective property tax rate: 3.18%, significantly higher than the national median of 1.02%, and higher than the Pennsylvania state median of 2.75%.
Median Port Allegany, Pennsylvania home value: $28,510
Median annual Port Allegany, Pennsylvania tax bill: $885, lower than the national median property tax bill of $2,400.
How are property taxes in McKean calculated?
Property taxes in Port Allegany, 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.
What makes Port Allegany property taxes notable? The effective property tax rate is 3.18%, which is higher than both the national median of 1.02% and the Pennsylvania state median of 2.75%.
Why is the median tax bill lower here? The median annual tax bill is $885, which is lower than the national median property tax bill of $2,400.
Understanding Port Allegany's property tax system, exemptions, and reduction opportunities can lead to significant savings.
Last Updated April 13, 2026
Port Allegany, Mckean County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.18%
Estimate Property Tax Bill
$907
$841
How Does the Port Allegany Property Tax Calculator Work?
Use this Port Allegany property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Port Allegaly's median effective tax rate of 3.18% — 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 Port Allegany'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 Port Allegany: rates range from 3.18% in 16743 to 3.18% in 16743, 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 Port Allegany.
About Port Allegany Property Taxes
About Property Taxes in Port Allegany, McKean, Pennsylvania
Port Allegany’s median effective property tax rate of 3.18% 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 Port Allegany. Homeowners in the 16743 ZIP code carry a median effective rate of 3.18%, while those in the same ZIP code also pay 3.18% at the low end. This reflects how school district boundaries and local assessment districts are drawn across McKean County. Understanding where you live in Port Allegany can make a meaningful difference to your annual tax bill.
Port Allegany 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 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 Port Allegany, 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 Port Allegany'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 Port Allegany Tax Rate
3.18%
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
1.02%
Property Tax Rates Across Port Allegany, Mckean County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16743 | 2.11% | 2.88% | 3.18% | 3.18% | 4.08% |
Source: Ownwell
Property Tax Assessment Values Across Port Allegany, Mckean County, Pennsylvania
When examining property taxes in Port Allegany, 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 are sent in the spring each year and 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 Port Allegany is $28,510, with a median tax bill of $885. That is well 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 Port Allegany, Mckean County, Pennsylvania
Source: Ownwell
$10,325
$24,468
$38,610
Median Port Allegany Market Value
$28,510
Median Mckean County Market Value
$23,870
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Port Allegany, Mckean County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16743 | $9,062 | $14,640 | $28,510 | $66,222 | $108,887 |
Source: Ownwell
Property Tax Bills Across Port Allegany, Mckean County, Pennsylvania
How are property tax bills calculated in Port Allegany?
Property tax bills in Port Allegany are based on a home’s assessed value, which is then multiplied by the local tax rate set by taxing authorities. The assessed value is meant to reflect the market value of the property, and it is one of the biggest factors in determining what a homeowner owes. Other factors can include local school, county, and municipal tax rates, which all combine to shape the final bill.
For homeowners, this means even similar homes can have different tax bills if their assessed values or tax rates differ. In Port Allegany, the median home price is $28,510, and the median property tax bill is $885 in ZIP code 16743. That is well below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. Property taxes can still have a meaningful impact on monthly housing costs, especially when assessments rise or local rates change.
Median Port Allegany Tax Bill
$885
Median Mckean County Tax Bill
$834
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Port Allegany, Mckean County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16743 | $278 | $450 | $885 | $1,810 | $2,929 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 1 |
Links | |
|---|---|
| McKean Tax Assessor | |
| Website | mckeancounty.maps.arcgis.com |