Pocono Lake, Monroe County, Pennsylvania Property Taxes

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

Median Pocono Lake, PA effective property tax rate: 0.72%, significantly lower than the national median of 1.02%, but lower than the PA state median of 2.81%.
Median Pocono Lake, PA home value: $114,960
Median annual Pocono Lake, PA tax bill: $737, $1,663 lower than the national median property tax bill of $2,400.

How are property taxes in Monroe County calculated?

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

Last Updated March 1, 2025

Pocono Lake, Monroe County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.72%

Estimate Property Tax Bill

$828

$768

Ownwell’s Pocono Lake Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Pocono Lake with just two data points.

By entering your property's estimated assessed value, our calculator applies Pocono Lake’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 Monroe County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Pocono Lake, Monroe County, Pennsylvania

Local government entities set tax rates, which can vary widely within Pennsylvania. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Pocono Lake’s effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S. In Pocono Lake, located in Monroe County, the effective property tax rate is 0.72%. This is notably lower than the national median property tax rate of 1.02%. Homeowners in Pocono Lake benefit from these lower rates, making it an attractive option for property owners seeking to reduce their annual tax burden. By comparison, the median property tax bill in the U.S. is $2,400, which suggests that Pocono Lake residents are likely paying less in property taxes annually.

Property Tax Rates Across Pocono Lake, Monroe County, Pennsylvania

Source: Ownwell

0.35%

0.66%

0.97%

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 Pocono Lake Tax Rate

0.72%

Median Effective Monroe County Tax Rate

0.59%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Pocono Lake, Monroe County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
18347	0.52%	0.52%	0.72%	0.73%	2.59%
18348	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Pocono Lake, Monroe County, Pennsylvania

When examining property taxes in Pocono Lake, 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 Monroe County assessment office 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 Monroe 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 Pocono Lake. For example, the median home price in Pocono Lake is $114,960, with tax bills ranging significantly across the county. Zip code 18347 has the highest median home price at $114,950.

Property Tax Assessment Values Across Pocono Lake, Monroe County, Pennsylvania

Source: Ownwell

$70,390

$620,630

$1,170,870

Median Pocono Lake Market Value

$114,960

Median Monroe County Market Value

$134,550

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Pocono Lake, Monroe County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
18347	$77,605	$92,665	$114,950	$153,780	$233,770
18348	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Pocono Lake, Monroe County, Pennsylvania

In Pocono Lake, Monroe County, PA, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The median home price in this area is $114,960, and homeowners typically face tax bills ranging from $581 at the 25th percentile to $1,097 at the 75th percentile, with the 90th percentile reaching $2,684. The median tax bill in Pocono Lake is $737, which is significantly lower than the national median property tax bill of $2,400. This lower tax burden is beneficial for homeowners but understanding how to further reduce it can be complex. Factors such as changes in property value, local budget requirements, and specific exemptions play a crucial role in determining the final tax bill. Ownwell assists homeowners by navigating these complexities, identifying potential savings through appeals and exemptions, and ensuring they are not overpaying. By leveraging expertise in property tax laws and local market conditions, Ownwell helps reduce the financial burden on homeowners.

Property Tax Bills Across Pocono Lake, Monroe County, Pennsylvania

Source: Ownwell

$485

$3,694

$6,902

Median Pocono Lake Tax Bill

$737

Median Monroe County Tax Bill

$814

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Pocono Lake, Monroe County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
18347	$478	$581	$737	$1,097	$2,684
18348	N/A	N/A	N/A	N/A	N/A

Source: Ownwell