StateRates

McKean County, Pennsylvania property tax

The median homeowner in McKean County, Pennsylvania pays $1,615 a year in property tax on a home worth $98,700, an effective rate of 1.64%. The national effective rate is 0.98%.

Effective rate 1.64% #7 of 66 in Pennsylvania
Median tax bill $1,615 per year
Median home value $98,700 owner-occupied
Median income $61,705 household

What the rate means here

At 1.64%, McKean County taxes property more heavily than the country as a whole, which sits at 0.98%. The rate is high and the housing is cheap, and those two facts are connected. The bill of $1,615 is what actually leaves a household's account, and it is the number worth comparing between places.

It ranks #7 of 66 Pennsylvania counties by effective rate, against a statewide 1.35%, and #242 nationally. The state runs from 1.98% in Delaware County down to 0.81% in Bedford County.

The median home costs 1.6 times the median household income of $61,705, against 3.86 nationally, which is a comfortable ratio by American standards. 78.7% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. With 40,149 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $4,100 per year at 1.64%
$400,000 home $6,560 per year at 1.64%
$600,000 home $9,840 per year at 1.64%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

McKean County, Pennsylvania against Pennsylvania and the country
McKean County Pennsylvania United States
Effective property tax 1.64% 1.35% 0.98%
Median tax bill $1,615 $3,241 $2,969
Median home value $98,700 $240,500 $303,400
Median gross rent $769 $1,162 $1,348
Median household income $61,705 $76,081 $78,538
Home price to income 1.6× 3.16× 3.86×
Rent as share of income 14.96% 18.33% 20.6%
Owner-occupied 78.7% 69.33% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 40,149.

Nearby counties of similar size

Other Pennsylvania counties
County Rate Median bill Home value
Snyder County 1.17% $2,402 $205,500
Tioga County 1.19% $2,093 $176,000
Susquehanna County 1.15% $2,373 $206,700
Warren County 1.39% $1,694 $121,800
Union County 1.20% $2,667 $222,900

McKean County property tax: common questions

What is the property tax rate in McKean County, Pennsylvania?

The effective rate is 1.64% of home value, from a median tax bill of $1,615 against a median home value of $98,700. That is 0.66 points above the national 0.98%.

How much is property tax on a $400,000 home in McKean County?

Roughly $6,560 a year at the county effective rate of 1.64%.

Is McKean County expensive compared with the rest of Pennsylvania?

It ranks #7 of 66 Pennsylvania counties by effective property tax rate, and #242 of 2,826 nationally. That is 0.29 points above the Pennsylvania average of 1.35%.

What does housing cost in McKean County?

The median home is worth $98,700 and median gross rent is $769 a month. Median household income is $61,705, which puts the home at 1.6 times annual income and rent at 14.96% of it.