Osceola, Tioga County, Pennsylvania Property Taxes

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

Median Osceola, PA effective property tax rate: 2.89%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Osceola, PA home value: $61,210
Median annual Osceola, PA tax bill: $1,694, $706 lower than the national median property tax bill of $2,400.

How are property taxes in Tioga calculated?

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

Last Updated March 1, 2025

Osceola, Tioga County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.89%

Estimate Property Tax Bill

$1,769

$1,642

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

Property Tax Rates Across Osceola, Tioga County, Pennsylvania

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play roles in setting tax rates and budgets, this is the annual process in a nutshell. In Osceola, located in Tioga County, Pennsylvania, the effective property tax rate is a significant consideration for homeowners. Osceola's rate stands out when compared to other cities in Pennsylvania and the national average. The median property tax rate in Pennsylvania is higher than the national median of 1.02%, reflecting the state's unique approach to funding local services. For homeowners in Osceola, understanding how their property tax rate compares to both the state and national averages can provide valuable insights into their tax obligations and potential savings through appeals or exemptions. This knowledge is crucial for making informed decisions about property investments and financial planning.

Property Tax Rates Across Osceola, Tioga County, Pennsylvania

Source: Ownwell

2.28%

2.80%

3.32%

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 Osceola Tax Rate

2.89%

Median Effective Tioga County Tax Rate

2.81%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Osceola, Tioga County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
16942	2.29%	2.89%	2.89%	2.89%	3.14%

Source: Ownwell

Property Tax Assessment Values Across Osceola, Tioga County, Pennsylvania

When examining property taxes in Osceola, 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 Tioga 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 Tioga 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 Osceola. For example, the median home price in Osceola is $61,210, with tax bills ranging significantly across the county. Zip code 16942 has the highest median home price at $61,210.

Property Tax Assessment Values Across Osceola, Tioga County, Pennsylvania

Source: Ownwell

$46,590

$71,708

$96,825

Median Osceola Market Value

$61,210

Median Tioga County Market Value

$70,440

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Osceola, Tioga County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
16942	$22,142	$36,620	$61,210	$96,290	$142,468

Source: Ownwell

Property Tax Bills Across Osceola, Tioga County, Pennsylvania

In Osceola, PA, property tax bills are determined by the assessed value of a home, which is then multiplied by the local tax rate. The median home price in Osceola is $61,210, and the tax bill can vary significantly depending on the assessed value and applicable exemptions. For instance, homeowners at the 25th percentile pay around $1,031, while those at the 75th percentile face bills closer to $2,515. The highest median tax bill in the area is $1,694, which is notably lower than the national median of $2,400. This variation affects homeowners differently, with some facing financial strain due to higher tax obligations. However, Ownwell provides a solution by offering property tax appeal and exemption services. By analyzing a property's assessed value and comparing it with similar properties, Ownwell identifies potential savings and assists in filing appeals. This service can significantly reduce tax bills, offering financial relief to homeowners and ensuring they are not overpaying on their property taxes.

Property Tax Bills Across Osceola, Tioga County, Pennsylvania

Source: Ownwell

$1,172

$1,796

$2,420

Median Osceola Tax Bill

$1,694

Median Tioga County Tax Bill

$1,960

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Osceola, Tioga County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
16942	$656	$1,031	$1,694	$2,515	$3,576

Source: Ownwell