18347 Property Tax Rate

Property owners in ZIP code 18347 (Pocono Lake, Pennsylvania) pay a median of $3,337/year in property taxes on homes valued at $168,900. This translates to an effective tax rate of 1.98%, which is 47% above the Pennsylvania state average of 1.34%.

The monthly property tax burden for a median-valued home in 18347 is approximately $278, which factors into escrow payments on mortgages. This ZIP code is located within Monroe County. This is $533 more than the Pennsylvania average of $2,804/year.

Compared to similar ZIP codes in Pennsylvania, 18347 has lower property taxes. ZIP codes with similar effective rates include 16616 (1.98%) and 15221 (1.98%).

In Pocono Lake, property taxes represent approximately 4.1% of the median household income of $81,275, providing context for the relative tax burden on homeowners in this area.

Pennsylvania does not reassess property at sale; your assessed value remains stable unless the property is physically improved or the county conducts a countywide reassessment. Monroe County offers a Property Tax/Rent Rebate Program for seniors (62+), widows, and disabled persons earning ≤$35,000 annually — apply by June 30 each year through the Pennsylvania Department of Revenue. Contact the Monroe County Assessor to file your Homestead Exclusion application with your school district immediately; the exclusion amount is set by each district and applies to school operating taxes only.