18424 Property Tax Rate

Property owners in ZIP code 18424 (Gouldsboro, Pennsylvania) pay a median of $3,044/year in property taxes on homes valued at $191,800. This translates to an effective tax rate of 1.59%, which is 18% above the Pennsylvania state average of 1.34%.

The monthly property tax burden for a median-valued home in 18424 is approximately $254, which factors into escrow payments on mortgages. This ZIP code is located within Lackawanna County. This is $240 more than the Pennsylvania average of $2,804/year.

Compared to similar ZIP codes in Pennsylvania, 18424 has higher property taxes. ZIP codes with similar effective rates include 17502 (1.59%) and 19046 (1.59%).

In Gouldsboro, property taxes represent approximately 4.9% of the median household income of $62,192, 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. Lackawanna 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 your school district immediately to file your Homestead Exclusion claim; the exclusion amount varies by district and provides relief on school operating taxes only.