Pocono Summit, Monroe County, Pennsylvania Property Taxes
Median Pocono Summit, PA effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Pocono Summit, PA home value: $108,725
Median annual Pocono Summit, PA tax bill: $781, $1,619 lower than the national median property tax bill of $2,400.
How are property taxes in Monroe calculated?
Property taxes in Pocono Summit, 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 Summit’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pocono Summit, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pocono Summit, Monroe County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.73%
Estimate Property Tax Bill
$794
$737
Property Tax Rates Across Pocono Summit, Monroe County, Pennsylvania
Local government entities set tax rates, which can vary widely within a state. This variation arises because each county annually estimates its required budget to provide 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 tax rates and budgets, this is essentially the annual process.
In Pocono Summit, located in Monroe County, PA, the effective property tax rate is an important consideration for property owners. The median property tax rate in Monroe County is 0.73%, which is below the national median property tax rate of 1.02%. This lower rate can be attractive to property owners looking for more affordable tax obligations compared to other regions in the U.S.
Understanding how Pocono Summit compares to other cities in Pennsylvania and the national median can provide valuable insight for homeowners and potential buyers. By being informed about these rates, property owners can make more strategic decisions when it comes to property investments and financial planning.
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 Summit Tax Rate
0.73%
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 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 Summit, Monroe County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18346 | 0.52% | 0.52% | 0.73% | 0.73% | 2.55% |
Source: Ownwell
Property Tax Assessment Values Across Pocono Summit, Monroe County, Pennsylvania
When examining property taxes in Pocono Summit, 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 Summit. For example, the median home price in Pocono Summit is $108,725, with tax bills ranging significantly across the county. Zip code 18346 has the highest median home price at $108,725.
Property Tax Assessment Values Across Pocono Summit, Monroe County, Pennsylvania
Source: Ownwell
$70,390
$620,630
$1,170,870
Median Pocono Summit Market Value
$108,725
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 Summit, Monroe County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18346 | $68,962 | $84,290 | $108,725 | $139,465 | $174,559 |
Source: Ownwell
Property Tax Bills Across Pocono Summit, Monroe County, Pennsylvania
In Pocono Summit, located in Monroe County, PA, property tax bills are calculated based on the assessed value of a property. The assessed value is determined by the local assessor and is a percentage of the market value. This value is then multiplied by the local tax rate to calculate the annual property tax bill. In this region, the median home price is $108,725, with a median tax bill of $781. This figure is significantly lower than the national median property tax bill of $2,400. Homeowners in Pocono Summit face tax bills that can range from $569 at the 25th percentile to $2,081 at the 90th percentile, depending on the assessed value and applicable exemptions.
Ownwell assists homeowners by analyzing their property assessments and identifying potential savings. By filing appeals and securing exemptions, Ownwell helps reduce property tax burdens, ensuring homeowners only pay their fair share. This service can be particularly beneficial in areas like Pocono Summit, where accurate assessment can lead to substantial savings.
Median Pocono Summit Tax Bill
$781
Median Monroe County Tax Bill
$814
Median Pennsylvania Tax Bill
$3,063
Median United States Tax Bill
$2,400
Property Tax Bills Across Pocono Summit, Monroe County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18346 | $444 | $569 | $781 | $1,102 | $2,081 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Monroe Tax Assessor | |
| Website | agencies.monroecountypa.gov |