Laceyville, Wyoming County, Pennsylvania Property Taxes

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

Median Laceyville, PA effective property tax rate: 5.16%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Laceyville, PA home value: $38,985
Median annual Laceyville, PA tax bill: $2,310, $90 lower than the national median property tax bill of $2,400.

How are property taxes in Wyoming calculated?

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

Last Updated March 1, 2025

Laceyville, Wyoming County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

5.61%

Estimate Property Tax Bill

$2,015

$1,869

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

By entering your property's estimated assessed value, our calculator applies Laceyville’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 Wyoming County.

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

Property Tax Rates Across Laceyville, Wyoming County, Pennsylvania

Local government entities set tax rates, which can vary widely within a state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting these rates and budgets, this is essentially the annual process.

In Laceyville, located in Wyoming County, PA, the effective property tax rate is significantly higher than the national median of 1.02%. This means that Laceyville residents face a considerably larger tax burden compared to the average property owner across the United States. When compared to other cities in Pennsylvania, Laceyville's tax rate stands out as particularly high, making it crucial for property owners in the area to be aware of their tax obligations and opportunities for appeals or exemptions. This knowledge can potentially lead to significant savings and a better understanding of how their taxes are assessed.

Property Tax Rates Across Laceyville, Wyoming County, Pennsylvania

Source: Ownwell

4.93%

5.51%

6.09%

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 Laceyville Tax Rate

5.61%

Median Effective Wyoming County Tax Rate

5.79%

Median Effective Pennsylvania Tax Rate

2.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Laceyville, Wyoming County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
18623	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Laceyville, Wyoming County, Pennsylvania

When examining property taxes in Laceyville, 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 Wyoming 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 Wyoming 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 Laceyville. For example, the median home price in Laceyville is $38,985, with tax bills ranging significantly across the county. Zip code 18623 has the highest median home price at $38,985.

Property Tax Assessment Values Across Laceyville, Wyoming County, Pennsylvania

Source: Ownwell

$31,600

$51,250

$70,900

Median Laceyville Market Value

$35,910

Median Wyoming County Market Value

$47,525

Median Pennsylvania Market Value

$118,310

Median United States Market Value

$235,294

Property Tax Assessment Values Across Laceyville, Wyoming County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
18623	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Laceyville, Wyoming County, Pennsylvania

In Laceyville, Wyoming County, PA, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this assessed value to determine the annual property tax bill. The median home price in Laceyville is $38,985, significantly lower than the national median. However, property tax bills can vary widely, as seen with the 25th percentile at $1,408 and the 90th percentile reaching $5,019. These variations can impact homeowners differently, depending on their property's assessed value and the local tax rate. For homeowners in Laceyville, this means that even with a lower home price, the tax bill can still be a significant expense. Ownwell offers services that can help homeowners reduce their property tax bills by appealing incorrect assessments and securing exemptions. By leveraging expertise and local knowledge, Ownwell can identify potential savings and guide homeowners through the appeal process, ensuring they pay only their fair share in property taxes.

Property Tax Bills Across Laceyville, Wyoming County, Pennsylvania

Source: Ownwell

$1,847

$2,913

$3,978

Median Laceyville Tax Bill

$2,416

Median Wyoming County Tax Bill

$2,948

Median Pennsylvania Tax Bill

$3,050

Median United States Tax Bill

$2,400

Property Tax Bills Across Laceyville, Wyoming County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
18623	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	August 31

Links
Wyoming Tax Assessor
Website	actdatascout.com