Overall, the median market value of single-family homes increased 10.5 percent from the 2018 assessments, jumping from $112,800 to $124,600, according to an Inquirer and Daily News analysis of the city's data. The median tax bill would increase $165, In general, effective property tax rates (annual taxes paid as a percentage of a home’s market value) range from 1% to 2%. However, in Bedford County, the average effective rate is just 0.90%. In Monroe County, the average effective rate is 2.41%. If you’re looking to purchase a home in Pennsylvania, The first number after the decimal point is tenths (.1), the second number after the decimal point is hundredths (.01), and going out three places is thousandths (.001), or "mills". Now here's where it gets confusing. One mill is .001. Ten mills is .010 & One hundred mills is .100.