Saylorsburg, Pennsylvania Property Taxes
The median property tax rate in Saylorsburg, PA is 0.35%, significantly lower than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Saylorsburg at $156,215, the typical annual property tax bill reaches $692, far below the national median of $2,690. Property taxes in Saylorsburg 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 Saylorsburg'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 Saylorsburg or another part of Monroe County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saylorsburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.35%
Estimate Property Tax Bill
$547
Ownwell’s Saylorsburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saylorsburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saylorsburg to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Saylorsburg, Pennsylvania
Property taxes in Saylorsburg, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saylorsburg is 1.56%, significantly higher than both the Pennsylvania state median of 1.35% and the U.S. national median of 0.99%. Local government entities within Saylorsburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saylorsburg 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 Saylorsburg's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the highest median property tax rate in Pennsylvania is found in Monroe County at 1.56%, while the lowest median tax rate in the state is 0.35%. Understanding how these cities compare with Saylorsburg 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 Saylorsburg Tax Rate
0.35%
Average Monroe County Tax Rate
0.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saylorsburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18353 | 0.32% | 0.32% | 0.35% | 0.59% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Saylorsburg, Pennsylvania
In Saylorsburg, 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 Saylorsburg, 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. 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 Saylorsburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $692, found in the 18353 zip code.
Property Tax Assessment Values Across Saylorsburg, Pennsylvania
Source: Ownwell
$70,390
$620,630
$1,170,870
Average Saylorsburg Assessed Value
$156,215
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 Saylorsburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18353 | $56,761 | $116,362 | $156,215 | $201,618 | $250,943 |
Source: Ownwell
Property Tax Bills Across Saylorsburg, Pennsylvania
In Saylorsburg, Monroe County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is typically a percentage of the market value, determined by the county assessor. For homeowners in Saylorsburg, the median home price is $156,215. Property tax rates in the area can vary, but the national median property tax rate is 0.99%. The tax bill is influenced by several factors, including the assessed value of the property and any applicable exemptions or deductions. For instance, lower-income homeowners or seniors might qualify for specific exemptions, reducing their overall tax burden. In Saylorsburg, the 25th percentile tax bill is $472, while the 75th percentile tax bill reaches $1007. At the 90th percentile, homeowners could see tax bills as high as $1411. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the community's quality of life. Understanding how these bills are calculated helps homeowners budget more effectively and anticipate changes in their annual expenses.
Average Saylorsburg Tax Bill
$692
Average Monroe County Tax Bill
$814
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Saylorsburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18353 | $230 | $472 | $692 | $1,007 | $1,411 |
Source: Ownwell