Tobyhanna, Monroe County, Pennsylvania Property Taxes
Median Tobyhanna, 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 Tobyhanna, PA home value: $86,890
Median annual Tobyhanna, PA tax bill: $705, $1,695 lower than the national median property tax bill of $2,400.
How are property taxes in Monroe County calculated?
Property taxes in Tobyhanna, 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 Tobyhanna’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tobyhanna, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Tobyhanna, 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
$634
$589
Property Tax Rates Across Tobyhanna, Monroe County, Pennsylvania
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 Tobyhanna 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 Tobyhanna, Monroe County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18466 | 0.73% | 0.73% | 0.73% | 0.73% | 3.42% |
Source: Ownwell
Property Tax Assessment Values Across Tobyhanna, Monroe County, Pennsylvania
When examining property taxes in Tobyhanna, 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 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 Monroe County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Tobyhanna. For example, the median home price in Tobyhanna is $86,890, with tax bills ranging significantly across the county. Zip code 18466 has the highest median home price at $86,890.
Property Tax Assessment Values Across Tobyhanna, Monroe County, Pennsylvania
Source: Ownwell
$70,390
$620,630
$1,170,870
Median Tobyhanna Market Value
$86,890
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 Tobyhanna, Monroe County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18466 | $51,938 | $62,750 | $86,890 | $121,205 | $164,830 |
Source: Ownwell
Property Tax Bills Across Tobyhanna, Monroe County, Pennsylvania
In Tobyhanna, located in Monroe County, PA, property tax bills are determined by assessing the property's market value and applying the local tax rate. The assessed value is a crucial factor, as it directly influences the tax bill amount. Homeowners in Tobyhanna face a median property tax bill of $705, which is significantly lower than the national median of $2,400. However, the tax bill can range from $490 at the 25th percentile to $1,991 at the 90th percentile, depending on the property's assessed value and applicable exemptions. This variability means that homeowners might be paying more than necessary if their property is over-assessed.
Ownwell assists homeowners by providing professional property tax appeal services, potentially lowering their tax bills. By reviewing the property's assessed value and comparing it with similar properties, Ownwell identifies discrepancies and helps homeowners file successful appeals. This process can lead to substantial savings, ensuring homeowners only pay their fair share. With Ownwell's expertise, navigating the complexities of property tax assessments becomes less daunting, offering peace of mind and financial relief.
Median Tobyhanna Tax Bill
$705
Median Monroe County Tax Bill
$814
Median Pennsylvania Tax Bill
$3,063
Median United States Tax Bill
$2,400
Property Tax Bills Across Tobyhanna, Monroe County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18466 | $392 | $490 | $705 | $1,125 | $1,991 |
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 |