18433 Property Tax Rate

Property owners in ZIP code 18433 (Jermyn, Pennsylvania) pay a median of $2,824/year in property taxes on homes valued at $201,800. This translates to an effective tax rate of 1.40%, which is 4% above the Pennsylvania state average of 1.34%.

The monthly property tax burden for a median-valued home in 18433 is approximately $235, which factors into escrow payments on mortgages. This ZIP code is located within Lackawanna County.

Compared to similar ZIP codes in Pennsylvania, 18433 has lower property taxes. ZIP codes with similar effective rates include 16633 (1.40%) and 16422 (1.40%).

In Jermyn, property taxes represent approximately 3.7% of the median household income of $76,847, 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.