18463 Property Tax Rate

Property owners in ZIP code 18463 (Sterling, Pennsylvania) pay a median of $3,143/year in property taxes on homes valued at $303,600. This translates to an effective tax rate of 1.04%, which is 23% below the Pennsylvania state average of 1.34%.

The monthly property tax burden for a median-valued home in 18463 is approximately $262, which factors into escrow payments on mortgages. This ZIP code is located within Wayne County. This is $339 more than the Pennsylvania average of $2,804/year.

Compared to similar ZIP codes in Pennsylvania, 18463 has lower property taxes. ZIP codes with similar effective rates include 15226 (1.04%) and 19355 (1.03%).

In Sterling, property taxes represent approximately 2.9% of the median household income of $110,192, 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. Wayne 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. File your Homestead Exclusion with your school district within 60 days of purchase; exclusion amounts vary by district and reduce your school tax obligation.