Cresco, Pike County, Pennsylvania Property Taxes

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

Median Cresco, PA effective property tax rate: 2.68%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%. Median Cresco, PA home value: $81,978. Median annual Cresco, PA tax bill: $2,194, $206 lower than the national median property tax bill of $2,400.

How are property taxes in Pike calculated?

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

Last Updated March 1, 2025

Cresco, Pike County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.68%

Estimate Property Tax Bill

$2,197

$2,039

Ownwell’s Cresco Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cresco with just two data points. By entering your property's estimated assessed value, our calculator applies Cresco’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 Pike County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cresco, Pike County, Pennsylvania

Local government entities set tax rates, which can vary widely within a state. This is because 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 Cresco’s effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S.

Property Tax Rates Across Cresco, Pike County, Pennsylvania

Source: Ownwell

2.68%

3.67%

4.67%

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 Cresco Tax Rate

2.68%

Median Effective Pike County Tax Rate

3.72%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cresco, Pike County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
18326	2.68%	2.68%	2.68%	2.68%	2.68%

Source: Ownwell

Property Tax Assessment Values Across Cresco, Pike County, Pennsylvania

When examining property taxes in Cresco, 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 Pike 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 Pike 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 Cresco. For example, the median home price in Cresco is $81,978, with tax bills ranging significantly across the county. Zip code 18326 has the highest median home price at $81,978.

Property Tax Assessment Values Across Cresco, Pike County, Pennsylvania

Source: Ownwell

$71,900

$104,730

$137,560

Median Cresco Market Value

$81,978

Median Pike County Market Value

$106,483

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cresco, Pike County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
18326	$49,663	$60,420	$81,978	$95,300	$111,832

Source: Ownwell

Property Tax Bills Across Cresco, Pike County, Pennsylvania

In Cresco, located in Pike County, PA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. For homeowners here, the median home price is $81,978, which results in a property tax bill that varies significantly. At the 25th percentile, homeowners might expect a tax bill of around $1,652, while those at the 75th percentile could see bills as high as $2,550. In contrast, the national median property tax bill is $2,400, highlighting how Cresco's tax rates can impact homeowners differently depending on their property's assessed value. The highest and lowest median tax bills in Cresco are both $2,194, suggesting a relatively consistent tax burden across the area. Ownwell can assist homeowners by appealing their property tax assessments, potentially lowering their tax bills. By leveraging local expertise and a deep understanding of property tax laws, Ownwell helps homeowners ensure their assessments are fair, providing an opportunity to save significantly on their property taxes.

Property Tax Bills Across Cresco, Pike County, Pennsylvania

Source: Ownwell

$2,072

$3,728

$5,383

Median Cresco Tax Bill

$2,194

Median Pike County Tax Bill

$3,676

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Cresco, Pike County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
18326	$1,359	$1,652	$2,194	$2,550	$2,993

Source: Ownwell