Monroe Township, Wyoming County, Pennsylvania Property Taxes

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

Median MONROE TOWNSHIP, PA effective property tax rate: 5.74%, significantly higher than the national median of 1.02%, but lower than the PA state median of 2.81%.
Median MONROE TOWNSHIP, PA home value: $48,790
Median annual MONROE TOWNSHIP, PA tax bill: $2,809, $409 higher than the national median property tax bill of $2,400.

How are property taxes in Wyoming calculated?

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

Last Updated March 1, 2025

Monroe Township, Wyoming County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

5.79%

Estimate Property Tax Bill

$2,785

$2,584

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

Property Tax Rates Across Monroe Township, Wyoming County, Pennsylvania

Local government entities establish property tax rates, which can differ significantly within a state. This variation occurs because each year, counties estimate the budget needed to provide essential services and divide this amount by the total assessed value of all taxable property in their jurisdiction. This process results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the core of the annual procedure.

In Monroe Township, 42131, PA, the effective property tax rate can be compared to other cities within Pennsylvania and the national median. The median property tax rate in Monroe Township is 5.74%, which is notably higher than the national median of 1.02%. This places Monroe Township among the regions with the highest median property tax rates in Pennsylvania, with the same rate observed in the highest and lowest median tax rate areas of Wyoming County. Comparing these rates offers valuable insight into the property tax landscape within the state and across the country.

Property Tax Rates Across Monroe Township, Wyoming County, Pennsylvania

Source: Ownwell

4.93%

5.51%

6.09%

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 Township Tax Rate

5.79%

Median Effective Wyoming County Tax Rate

5.79%

Median Effective Pennsylvania Tax Rate

2.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Monroe Township, Wyoming County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
18618	5.79%	5.79%	5.79%	5.79%	5.79%
18636	5.79%	5.79%	5.79%	5.79%	5.79%
18657	5.79%	5.79%	5.79%	5.79%	5.79%
18612	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Monroe Township, Wyoming County, Pennsylvania

When examining property taxes in Monroe Township, 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 Wyoming 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 Wyoming 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 Monroe Township. For example, the median home price in Monroe Township is $48,790, with tax bills ranging significantly across the county. The 18636 zip code has the highest median home price at $54,500.

Property Tax Assessment Values Across Monroe Township, Wyoming County, Pennsylvania

Source: Ownwell

$31,600

$51,250

$70,900

Median Monroe Township Market Value

$48,100

Median Wyoming County Market Value

$47,525

Median Pennsylvania Market Value

$118,310

Median United States Market Value

$235,294

Property Tax Assessment Values Across Monroe Township, Wyoming County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
18618	$25,928	$38,060	$51,370	$66,400	$91,020
18636	$22,946	$36,515	$53,280	$69,130	$85,618
18657	$8,018	$26,350	$48,280	$66,850	$85,764
18612	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Monroe Township, Wyoming County, Pennsylvania

In Monroe Township, Wyoming County, PA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property location, home size, and local government budgets influence the tax rate, which can lead to significant variations in tax bills. For instance, the median property tax bill in Monroe Township is $3,153, considerably higher than the national median of $2,400. This discrepancy highlights the financial burden on homeowners in the area, where tax bills can reach up to $4,995 for the top 10% of properties. Ownwell can assist homeowners by reviewing their property assessments and identifying potential errors or overvaluations. By appealing these assessments, Ownwell aims to reduce property tax bills, providing homeowners with much-needed financial relief. This service ensures that homeowners pay only their fair share, potentially saving them thousands of dollars annually.

Property Tax Bills Across Monroe Township, Wyoming County, Pennsylvania

Source: Ownwell

$1,847

$2,913

$3,978

Median Monroe Township Tax Bill

$2,876

Median Wyoming County Tax Bill

$2,948

Median Pennsylvania Tax Bill

$3,050

Median United States Tax Bill

$2,400

Property Tax Bills Across Monroe Township, Wyoming County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
18618	$1,581	$2,228	$3,002	$3,863	$5,278
18636	$1,610	$2,325	$3,156	$4,047	$5,036
18657	$602	$1,698	$2,881	$3,913	$5,008
18612	N/A	N/A	N/A	N/A	N/A

Source: Ownwell