Rew, Mckean County, Pennsylvania Property Taxes

Name: Property Tax Bills Across Rew, Mckean County, Pennsylvania
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median REW, PA effective property tax rate: 3.44%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median REW, PA home value: $26,210
Median annual REW, PA tax bill: $903, $1,497 lower than the national median property tax bill of $2,400.

How are property taxes in McKean calculated?

Property taxes in REW, 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 REW’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in REW, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Rew, Mckean County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.57%

Estimate Property Tax Bill

$934

$867

Ownwell’s REW Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in REW with just two data points.

By entering your property's estimated assessed value, our calculator applies REW’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in McKean County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Rew, Mckean County, Pennsylvania

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.

In {cityname:REW}, located in {countyname:42083}, property tax rates are notably higher than the national average. The effective property tax rate here is significantly above the national median of 1.02%, making it one of the highest in the state of {state_name:PA}. This rate reflects the county's budgetary needs and the total assessed value of properties.

Comparing {cityname:REW}’s effective property tax rate to other cities in {statename:PA} and the median property tax rates in {state_name:PA} and the U.S. highlights the variation in property tax burdens. Such differences can influence decisions about where to live or invest in property. Understanding these rates is crucial for property owners seeking to manage their tax liabilities effectively.

Property Tax Rates Across Rew, Mckean County, Pennsylvania

Source: Ownwell

3.18%

3.62%

4.06%

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 Rew Tax Rate

3.57%

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 Rew, Mckean County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
16744	3.13%	3.57%	3.57%	3.57%	4.06%

Source: Ownwell

Property Tax Assessment Values Across Rew, Mckean County, Pennsylvania

When examining property taxes in REW, 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 McKean 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. Assessment notices: In McKean 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 REW. For example, the median home price in REW is $26,210, with tax bills ranging significantly across the county. 16744 has the highest median home price at $26,210.

Property Tax Assessment Values Across Rew, Mckean County, Pennsylvania

Source: Ownwell

$10,325

$24,468

$38,610

Median Rew Market Value

$26,170

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 Rew, Mckean County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
16744	$9,393	$14,525	$26,170	$44,532	$64,768

Source: Ownwell

Property Tax Bills Across Rew, Mckean County, Pennsylvania

In the city of REW, located in McKean County, PA, property tax bills are calculated based on the assessed value of a home. This process considers various factors, including the property's market value and the local tax rate. The median home price in this area is $26,210, with tax bills ranging widely. Homeowners in the 25th percentile pay around $530, while those in the 90th percentile face bills up to $2,231. The highest and lowest median tax bill in the region is $903, notably in the 16744 zip code. Compared to the national median property tax bill of $2,400, REW offers a more affordable option for homeowners. However, these taxes can still pose a significant financial burden. Ownwell provides valuable assistance by identifying potential savings through property tax appeals and exemptions. By analyzing the assessed value and ensuring it aligns with market conditions, Ownwell helps homeowners reduce their tax bills, ensuring they pay only what is fair and necessary.

Property Tax Bills Across Rew, Mckean County, Pennsylvania

Source: Ownwell

$374

$841

$1,308

Median Rew Tax Bill

$934

Median Mckean County Tax Bill

$834

Median Pennsylvania Tax Bill

$3,050

Median United States Tax Bill

$2,400

Property Tax Bills Across Rew, Mckean County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
16744	$196	$527	$934	$1,635	$2,270

Source: Ownwell

Don't miss the deadline to appeal!

Dates

Links
McKean Tax Assessor
Website	mckeancounty.maps.arcgis.com