Skytop, Monroe County, Pennsylvania Property Taxes

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

Median Skytop, PA effective property tax rate: 0.58%, significantly lower than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Skytop, PA home value: $1,170,870
Median annual Skytop, PA tax bill: $6,902, $4,502 higher than the national median property tax bill of $2,400.

How are property taxes in Monroe County calculated?

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

Last Updated March 1, 2025

Skytop, Monroe County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.58%

Estimate Property Tax Bill

$6,791

$6,302

Ownwell’s Skytop Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Skytop with just two data points. By entering your property's estimated assessed value, our calculator applies Skytop’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Monroe 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 Skytop, Monroe County, Pennsylvania

Local government entities determine tax rates, which can significantly differ across a state. This variability arises because counties annually calculate their necessary budget for services and divide it by the total value of taxable property within their borders, establishing the property tax rate. Although votes and legislation are involved in setting these rates and budgets, this is essentially the yearly procedure.

In Skytop, Monroe County, PA, the effective property tax rate is notably lower than the national median of 1.02%. This makes it an attractive location for property owners who are mindful of their tax liabilities. Comparing Skytop’s rate to other cities in Pennsylvania and the national average can provide valuable insights for homeowners and investors. With a median property tax rate that is substantially below the national average, residents can enjoy the benefits of lower tax bills, making Skytop a potentially appealing choice for those looking to optimize their property tax expenditures.

Property Tax Rates Across Skytop, 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 Skytop Tax Rate

0.58%

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 Skytop, Monroe County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
18357	0.58%	0.58%	0.58%	0.58%	0.58%

Source: Ownwell

Property Tax Assessment Values Across Skytop, Monroe County, Pennsylvania

When examining property taxes in Skytop, 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 March. 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 Skytop. For example, the median home price in Skytop is $1,170,870, with tax bills ranging significantly across the county. The zip code 18357 has the highest median home price at $1,170,870.

Property Tax Assessment Values Across Skytop, Monroe County, Pennsylvania

Source: Ownwell

$70,390

$620,630

$1,170,870

Median Skytop Market Value

$1,170,870

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 Skytop, Monroe County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
18357	$415,190	$828,250	$1,170,870	$1,310,000	$1,612,238

Source: Ownwell

Property Tax Bills Across Skytop, Monroe County, Pennsylvania

In Skytop, Monroe County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Skytop face a median property tax bill of $6,902, significantly higher than the national median of $2,400. This discrepancy is due to a combination of high property values and local tax rates. Factors such as the property's location, size, and amenities can also influence the assessed value, impacting the overall tax bill. For homeowners, these taxes can be a substantial financial burden. Ownwell can assist by analyzing property assessments and identifying opportunities for appeals or exemptions. By leveraging their expertise, homeowners can potentially reduce their tax liabilities, ensuring they only pay their fair share. This service not only provides financial relief but also offers peace of mind, knowing that their property taxes are being managed efficiently.

Property Tax Bills Across Skytop, Monroe County, Pennsylvania

Source: Ownwell

$485

$3,694

$6,902

Median Skytop Tax Bill

$6,902

Median Monroe County Tax Bill

$814

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Skytop, Monroe County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
18357	$2,398	$4,821	$6,902	$7,858	$12,483

Source: Ownwell

Don't miss the deadline to appeal!

Dates

Links
Monroe Tax Assessor
Website	agencies.monroecountypa.gov