Lackawaxen, Pike County, Pennsylvania Property Taxes

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

Median Lackawaxen, PA effective property tax rate: 2.87%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%. Median Lackawaxen, PA home value: $109,123. Median annual Lackawaxen, PA tax bill: $3,121, $721 higher than the national median property tax bill of $2,400.

How are property taxes in Pike calculated?

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

Last Updated March 1, 2025

Lackawaxen, Pike County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.87%

Estimate Property Tax Bill

$3,132

$2,906

Ownwell’s Lackawaxen Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lackawaxen with just two data points. By entering your property's estimated assessed value, our calculator applies Lackawaxen’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 Lackawaxen, Pike County, Pennsylvania

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

Lackawaxen in Pike County has an effective property tax rate of 2.87%, which is significantly above the national median of 1.02%. This means homeowners in Lackawaxen are paying a higher percentage of their property's assessed value in taxes compared to the national average. The median property tax bill here also reflects this higher rate, surpassing the national median of $2400. Understanding these differences can help property owners make informed decisions about their investments and potential savings.

Property Tax Rates Across Lackawaxen, 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 Lackawaxen Tax Rate

2.87%

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 Lackawaxen, Pike County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
18435	2.87%	2.87%	2.87%	2.87%	2.87%

Source: Ownwell

Property Tax Assessment Values Across Lackawaxen, Pike County, Pennsylvania

When examining property taxes in Lackawaxen, 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 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 Lackawaxen. For example, the median home price in Lackawaxen is $109,123, with tax bills ranging significantly across the county. Zip code 18435 has the highest median home price at $109,123.

Property Tax Assessment Values Across Lackawaxen, Pike County, Pennsylvania

Source: Ownwell

$71,900

$104,730

$137,560

Median Lackawaxen Market Value

$109,123

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 Lackawaxen, Pike County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
18435	$69,931	$84,876	$109,123	$148,889	$179,884

Source: Ownwell

Property Tax Bills Across Lackawaxen, Pike County, Pennsylvania

In Lackawaxen, property tax bills are determined by the assessed value of a home, which is derived from its market value. The tax rate is applied to this assessed value to calculate the annual tax bill. With a median home price of $109,123, homeowners in Lackawaxen face a median property tax bill that often surpasses the national median of $2,400. In Pike County, where Lackawaxen is situated, tax bills range significantly, with the 25th percentile at $2,430 and the 75th percentile reaching $4,258. This variability can impact homeowners' budgets considerably. The highest and lowest median tax bill in the area both stand at $3,121 in the 18435 zip code, reflecting a relatively uniform tax landscape within this locality. Ownwell assists homeowners by providing expert property tax appeal and exemption services, potentially lowering tax bills by ensuring fair assessments. By leveraging local market insights and legal expertise, Ownwell helps homeowners reduce their financial burden, making property ownership more affordable.

Property Tax Bills Across Lackawaxen, Pike County, Pennsylvania

Source: Ownwell

$2,072

$3,728

$5,383

Median Lackawaxen Tax Bill

$3,121

Median Pike County Tax Bill

$3,676

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Lackawaxen, Pike County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
18435	$1,984	$2,430	$3,121	$4,258	$5,160

Source: Ownwell