East Stroudsburg, Pennsylvania Property Taxes
The median property tax rate in East Stroudsburg, PA is 0.51%, considerably lower than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in East Stroudsburg, the typical annual property tax bill reaches $807, significantly below the national median of $2,690. Property taxes in East Stroudsburg are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding East Stroudsburg's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of East Stroudsburg or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
East Stroudsburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.51%
Estimate Property Tax Bill
$653
Ownwell’s East Stroudsburg Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in East Stroudsburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in East Stroudsburg to provide an estimate of your property tax bill. This valuable tool helps you grasp potential tax liabilities. For those interested in trends at a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by Monroe County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across East Stroudsburg, Pennsylvania
Property taxes in East Stroudsburg, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in East Stroudsburg is 0.51%, which is lower than the U.S. national median of 0.99%. Local government entities within East Stroudsburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, East Stroudsburg estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares East Stroudsburg's effective property tax rate to other areas in Monroe County and the national median. For comparison, the 18301 zip code has the highest median property tax rate of 0.60%, while the 18302 zip code has the lowest median tax rate of 0.51%. Understanding how these areas compare with East Stroudsburg provides valuable insights into the varying tax landscape across Monroe County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average East Stroudsburg Tax Rate
0.51%
Average Monroe County Tax Rate
0.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across East Stroudsburg, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18301 | 0.47% | 0.47% | 0.60% | 0.86% | 0.86% |
18302 | 0.39% | 0.51% | 0.51% | 0.51% | 4.11% |
Source: Ownwell
Property Tax Assessment Values Across East Stroudsburg, Pennsylvania
In East Stroudsburg, Pennsylvania, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Monroe County Assessment Office for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In East Stroudsburg, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For example, the median home price in East Stroudsburg is $128,105, with tax bills ranging from $553 at the 25th percentile to $2,691 at the 90th percentile. The highest median tax bill is $903 in zip code 18301, while the lowest median tax bill is $694 in zip code 18302. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in East Stroudsburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across East Stroudsburg, Pennsylvania
Source: Ownwell
$70,390
$620,630
$1,170,870
Average East Stroudsburg Assessed Value
$128,105
Average Monroe County Assessed Value
$134,550
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across East Stroudsburg, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18301 | $82,085 | $104,220 | $136,625 | $182,530 | $244,545 |
18302 | $53,565 | $78,855 | $118,525 | $169,398 | $235,745 |
Source: Ownwell
Property Tax Bills Across East Stroudsburg, Pennsylvania
In East Stroudsburg, located in Monroe County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local government assessors, who evaluate the property’s market value. Homeowners in East Stroudsburg face varying tax bills depending on their property's assessed value and the local tax rate. For instance, the median home price in this area is $128,105, which influences the overall tax obligations. Tax bills in East Stroudsburg can range significantly, with the 25th percentile at $553 and the 75th percentile at $1,234. At the higher end, the 90th percentile tax bill can reach up to $2,691. The highest median tax bill in the area is $903 in the 18301 zip code, while the lowest is $694 in the 18302 zip code. These variations highlight how different factors, such as property location and assessed value, impact the financial responsibilities of homeowners. Understanding these elements can help homeowners better anticipate their annual property tax expenses.
Average East Stroudsburg Tax Bill
$807
Average Monroe County Tax Bill
$814
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across East Stroudsburg, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18301 | $479 | $648 | $903 | $1,291 | $1,937 |
18302 | $295 | $468 | $694 | $1,114 | $2,702 |
Source: Ownwell