Stroudsburg, Pennsylvania Property Taxes
The median property tax rate in Stroudsburg, PA is 0.60%, significantly lower than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Stroudsburg at $164,260, the typical annual property tax bill is $971, which is well below the national median of $2,690. Property taxes in Stroudsburg are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding 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 Stroudsburg or another part of Monroe County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Stroudsburg, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.6%
Estimate Property Tax Bill
$986
Ownwell’s Stroudsburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stroudsburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stroudsburg 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 Monroe County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Stroudsburg, Pennsylvania
Property taxes in Stroudsburg, Pennsylvania, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Stroudsburg is 0.60%, which is lower than the U.S. national median of 0.99%. Local government entities within Stroudsburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stroudsburg estimates its required budget to maintain services for the upcoming fiscal year. This budget is then divided 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 Stroudsburg's effective property tax rate to other areas in Monroe County and the national median. For comparison, the 18360 zip code has both the highest and lowest median property tax rate of 0.60%. Understanding how these cities compare with 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 Stroudsburg Tax Rate
0.60%
Average Monroe County Tax Rate
0.59%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stroudsburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18360 | 0.35% | 0.50% | 0.60% | 0.60% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Stroudsburg, Pennsylvania
In 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 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The median home price in Stroudsburg is $164,260, with the 25th percentile tax bill at $699 and the 75th percentile at $1,420. The highest and lowest median tax bills are both $971 in the 18360 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Stroudsburg, Pennsylvania
Source: Ownwell
$70,390
$620,630
$1,170,870
Average Stroudsburg Assessed Value
$164,260
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 Stroudsburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18360 | $81,932 | $123,430 | $164,260 | $219,945 | $283,394 |
Source: Ownwell
Property Tax Bills Across Stroudsburg, Pennsylvania
In Stroudsburg, 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 determined by the county assessor's office and is intended to reflect the property's market value. Homeowners in Stroudsburg can expect a median property tax bill of $971, which aligns with the national median property tax rate of 0.99%. Factors influencing the tax bill include the property's location, size, and any improvements made. For instance, the 25th percentile of tax bills is $699, while the 75th percentile reaches $1,420, illustrating the variability based on property characteristics. At the higher end, the 90th percentile tax bill can be as much as $2,368. These property taxes fund essential community services like schools, public safety, and infrastructure. For homeowners, understanding these factors is crucial, as property taxes represent a significant annual expense that can impact overall affordability and long-term financial planning.
Average Stroudsburg Tax Bill
$971
Average Monroe County Tax Bill
$814
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Stroudsburg, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18360 | $469 | $699 | $971 | $1,420 | $2,368 |
Source: Ownwell