Honesdale, Wayne County, Pennsylvania Property Taxes

Name: Property Tax Bills Across Honesdale, Wayne County, Pennsylvania
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Honesdale, PA effective property tax rate: 2.26%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Honesdale, PA home value: $182,100
Median annual Honesdale, PA tax bill: $4,409, $2,009 higher than the national median property tax bill of $2,400.

How are property taxes in Wayne calculated?

Property taxes in Honesdale, PA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Honesdale’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Honesdale, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Honesdale, Wayne County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.26%

Estimate Property Tax Bill

$4,115

$3,819

Ownwell’s Honesdale Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Honesdale with just two data points. By entering your property's estimated assessed value, our calculator applies Honesdale’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Wayne County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Honesdale, Wayne County, Pennsylvania

Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget for services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell. In Honesdale, located in Wayne County, the effective property tax rate is notably higher than the national median of 1.02%. This positions Honesdale among the cities with the highest property tax rates in Pennsylvania. The median property tax rate in Pennsylvania is also higher than the national average, reflecting the state's reliance on property taxes to fund local services. For homeowners, understanding these rates is crucial, as they directly impact the annual property tax bill, which in Honesdale, is significantly above the national median of $2,400. By comparing Honesdale's property tax rate to other cities in Pennsylvania and national figures, homeowners can gain insight into how their property tax obligations stack up, helping them make informed decisions about potential appeals or exemptions.

Property Tax Rates Across Honesdale, Wayne County, Pennsylvania

Source: Ownwell

1.92%

2.17%

2.43%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Honesdale Tax Rate

2.26%

Median Effective Wayne County Tax Rate

2.19%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Honesdale, Wayne County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
18431	2.23%	2.24%	2.26%	2.75%	2.75%

Source: Ownwell

Property Tax Assessment Values Across Honesdale, Wayne County, Pennsylvania

When examining property taxes in Honesdale, PA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Wayne County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Wayne County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Honesdale. For example, the median home price in Honesdale is $182,100, with tax bills ranging significantly across the county. Zip code 18431 has the highest median home price at $182,100.

Property Tax Assessment Values Across Honesdale, Wayne County, Pennsylvania

Source: Ownwell

$7,000

$158,875

$310,750

Median Honesdale Market Value

$182,100

Median Wayne County Market Value

$179,900

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Honesdale, Wayne County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
18431	$49,240	$125,600	$182,100	$259,000	$359,380

Source: Ownwell

Property Tax Bills Across Honesdale, Wayne County, Pennsylvania

In Honesdale, property tax bills are calculated based on the assessed value of a home. The assessment is determined by the local tax assessor and reflects the market value of the property. Homeowners in Wayne County can expect a median property tax bill of $4,409, which is significantly higher than the national median of $2,400. This discrepancy highlights the importance of understanding local property tax calculations and their impact on homeowners' finances. Factors such as property location, size, and improvements can influence the assessed value, ultimately affecting the tax bill.

Ownwell assists homeowners by identifying potential savings on property tax bills. Through our expertise in property tax appeals and exemptions, we help ensure that your property is fairly assessed. By reviewing your property's assessment and comparing it to similar properties, Ownwell can identify discrepancies that may lead to reduced tax bills. Our services streamline the appeal process, potentially saving homeowners significant amounts of money, and providing peace of mind in managing property taxes efficiently.

Property Tax Bills Across Honesdale, Wayne County, Pennsylvania

Source: Ownwell

$134

$3,658

$7,181

Median Honesdale Tax Bill

$4,409

Median Wayne County Tax Bill

$4,013

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Honesdale, Wayne County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
18431	$1,249	$3,132	$4,409	$6,076	$8,258

Source: Ownwell