Genesee, Potter County, Pennsylvania Property Taxes

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

Median Genesee, PA effective property tax rate: 6.32%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Genesee, PA home value: $20,800
Median annual Genesee, PA tax bill: $1,262, $1,138 lower than the national median property tax bill of $2,400.

How are property taxes in Potter calculated?

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

Last Updated March 1, 2025

Genesee, Potter County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

6.32%

Estimate Property Tax Bill

$1,315

$1,220

Ownwell’s Genesee Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Genesee with just two data points. By entering your property's estimated assessed value, our calculator applies Genesee’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 Potter County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Genesee, Potter County, Pennsylvania

Local government entities set tax rates, which can vary widely within a state. 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 Genesee’s effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S.

In Genesee, the property tax rate is significantly higher than the national median property tax rate of 1.02%. This discrepancy makes it crucial for property owners in Genesee to explore potential tax appeal opportunities. Understanding these differences can help residents make informed decisions regarding their property investments and tax liabilities. By comparing local rates to state and national averages, property owners can identify potential savings and ensure they are not overpaying on their property taxes. This insight into property tax trends empowers homeowners to take action and potentially reduce their financial burden.

Property Tax Rates Across Genesee, Potter County, Pennsylvania

Source: Ownwell

6.32%

7.38%

8.43%

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 Genesee Tax Rate

6.32%

Median Effective Potter County Tax Rate

6.53%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Genesee, Potter County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
16923	4.90%	5.88%	6.32%	6.45%	6.45%
16941	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Genesee, Potter County, Pennsylvania

When examining property taxes in Genesee, 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 Potter 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 Potter County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Genesee.

For example, the median home price in Genesee is $20,800, with tax bills ranging significantly across the county. 16923 has the highest median home price at $20,800.

Property Tax Assessment Values Across Genesee, Potter County, Pennsylvania

Source: Ownwell

$8,430

$16,980

$25,530

Median Genesee Market Value

$20,800

Median Potter County Market Value

$13,240

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Genesee, Potter County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
16923	$8,200	$13,500	$20,800	$35,220	$59,430
16941	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Genesee, Potter County, Pennsylvania

In Genesee, Potter County, PA, property tax bills are determined by the assessed value of a home and the local tax rate. The assessed value is a percentage of the market value of the property. Homeowners in Genesee face a median property tax bill of $1,238, which is below the national median of $2,400. This can be a significant financial consideration, especially when compared to the national median property tax rate of 1.02%. Factors influencing the tax bill include property location, market trends, and local government budgets. For homeowners, understanding these components is crucial, as tax bills can vary widely. For instance, in Genesee, 25% of homeowners pay $906 or less, while 10% face bills of $2,327 or more. Ownwell assists homeowners by providing expert property tax appeal services. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners potentially reduce their tax liabilities, ensuring they don't pay more than necessary.

Property Tax Bills Across Genesee, Potter County, Pennsylvania

Source: Ownwell

$674

$1,232

$1,789

Median Genesee Tax Bill

$1,262

Median Potter County Tax Bill

$970

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Genesee, Potter County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
16923	$490	$901	$1,238	$1,787	$2,333
16941	N/A	N/A	N/A	N/A	N/A

Source: Ownwell