Gouldsboro, Wayne County, Pennsylvania Property Taxes

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

Median Gouldsboro, PA effective property tax rate: 2.30%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%. Median Gouldsboro, PA home value: $39,000. Median annual Gouldsboro, PA tax bill: $898, $1,502 lower than the national median property tax bill of $2,400.

How are property taxes in Wayne County calculated?

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

Last Updated March 1, 2025

Gouldsboro, Wayne County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.3%

Estimate Property Tax Bill

$897

$832

Ownwell’s Gouldsboro Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Gouldsboro with just two data points. By entering your property's estimated assessed value, our calculator applies Gouldsboro’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Wayne 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 Wayne County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Gouldsboro, Wayne 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. Below, you can compare Gouldsboro’s effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S. Gouldsboro, located in Wayne County, has a property tax rate of 2.30%, which is significantly higher than the national median of 1.02%. This rate is also the highest within the state, reflecting the county's budgetary requirements. Homeowners in Gouldsboro pay more in property taxes compared to the national median property tax bill of $2400. Understanding these rates can help property owners make informed decisions about their real estate investments and potential savings through appeals.

Property Tax Rates Across Gouldsboro, Wayne County, Pennsylvania

Source: Ownwell

1.92%

2.17%

2.43%

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 Gouldsboro Tax Rate

2.30%

Median Effective Wayne County Tax Rate

2.19%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Gouldsboro, Wayne County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
18424	2.30%	2.30%	2.30%	2.30%	2.30%

Source: Ownwell

Property Tax Assessment Values Across Gouldsboro, Wayne County, Pennsylvania

When examining property taxes in Gouldsboro, 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 Wayne 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 Wayne 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 Gouldsboro. For example, the median home price in Gouldsboro is $39,000, with tax bills ranging significantly across the county. Zip code 18424 has the highest median home price at $39,000.

Property Tax Assessment Values Across Gouldsboro, Wayne County, Pennsylvania

Source: Ownwell

$7,000

$158,875

$310,750

Median Gouldsboro Market Value

$39,000

Median Wayne County Market Value

$179,900

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Gouldsboro, Wayne County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
18424	$3,600	$12,200	$39,000	$157,700	$262,500

Source: Ownwell

Property Tax Bills Across Gouldsboro, Wayne County, Pennsylvania

In Gouldsboro, Wayne County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Gouldsboro, the median property tax bill is $898, which is significantly lower than the national median of $2400. However, tax bills can vary widely, with the 25th percentile at $281 and the 90th percentile reaching $6046. This disparity highlights the importance of understanding how property taxes are calculated and the potential for savings.

Factors such as improvements to the property, changes in the local tax rate, and reassessments can affect the tax bill. Ownwell can assist homeowners by providing expert property tax appeal services, ensuring that their property is fairly assessed. By identifying discrepancies in assessments and advocating for exemptions, Ownwell helps homeowners potentially save hundreds, if not thousands, on their property tax bills. This service is invaluable for those looking to minimize their annual expenses.

Property Tax Bills Across Gouldsboro, Wayne County, Pennsylvania

Source: Ownwell

$134

$3,658

$7,181

Median Gouldsboro Tax Bill

$898

Median Wayne County Tax Bill

$4,013

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Gouldsboro, Wayne County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
18424	$83	$281	$898	$3,632	$6,046

Source: Ownwell