18843 Property Tax Rate

Property owners in ZIP code 18843 (South Montrose, Pennsylvania) pay a median of $2,380/year in property taxes on homes valued at $203,800. This translates to an effective tax rate of 1.17%, which is 13% below the Pennsylvania state average of 1.34%.

The monthly property tax burden for a median-valued home in 18843 is approximately $198, which factors into escrow payments on mortgages. This ZIP code is located within Susquehanna County. This is $424 less than the Pennsylvania average of $2,804/year.

Compared to similar ZIP codes in Pennsylvania, 18843 has lower property taxes. ZIP codes with similar effective rates include 16214 (1.17%) and 19073 (1.17%).

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. Susquehanna 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 application with your school district immediately upon purchase; the exclusion amount varies by district and applies to school operating taxes.