Matamoras, Pike County, Pennsylvania Property Taxes
Median Matamoras, PA effective property tax rate: 4.67%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Matamoras, PA home value: $88,840
Median annual Matamoras, PA tax bill: $3,973, $1,573 higher than the national median property tax bill of $2,400.
How are property taxes in Pike County calculated?
Property taxes in Matamoras, 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 Matamoras’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Matamoras, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Matamoras, Pike County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
4.67%
Estimate Property Tax Bill
$4,149
$3,850
Property Tax Rates Across Matamoras, Pike County, Pennsylvania
Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates the budget required to provide essential services and divides that figure by the total assessed value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in determining tax rates and budgets, this is the fundamental process that occurs each year.
In Matamoras, located in Pike County, Pennsylvania, the effective property tax rate is notably higher than the national median of 1.02%. This places a heavier tax burden on property owners compared to many other regions within the state and the country. While Pennsylvania's property tax rates can vary, Matamoras stands out with its higher rate, which impacts the overall cost of homeownership. Understanding how these rates compare to other cities in Pennsylvania and the national median can provide valuable insights for property owners and potential buyers considering investments in the area.
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 Matamoras Tax Rate
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 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 Matamoras, Pike County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18336 | 4.02% | 4.02% | 4.67% | 4.67% | 4.67% |
Source: Ownwell
Property Tax Assessment Values Across Matamoras, Pike County, Pennsylvania
When examining property taxes in Matamoras, 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 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 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 Matamoras. For example, the median home price in Matamoras is $88,840, with tax bills ranging significantly across the county. The zip code 18336 has the highest median home price at $88,840.
Property Tax Assessment Values Across Matamoras, Pike County, Pennsylvania
Source: Ownwell
$71,900
$104,730
$137,560
Median Matamoras Market Value
$88,840
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 Matamoras, Pike County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18336 | $57,397 | $70,160 | $88,840 | $117,480 | $154,814 |
Source: Ownwell
Property Tax Bills Across Matamoras, Pike County, Pennsylvania
Median Matamoras Tax Bill
$3,973
Median Pike County Tax Bill
$3,676
Median Pennsylvania Tax Bill
$3,063
Median United States Tax Bill
$2,400
Property Tax Bills Across Matamoras, Pike County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18336 | $2,553 | $3,170 | $3,973 | $5,147 | $6,362 |
Source: Ownwell