Gallitzin, Pennsylvania Property Taxes
The median property tax rate in Gallitzin, PA is 1.37%, higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $92,250 in Gallitzin, the typical annual property tax bill amounts to $1,260, which is below the national median of $2,690. Property taxes in Gallitzin are calculated based on the assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Gallitzin's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Gallitzin or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Gallitzin, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.37%
Estimate Property Tax Bill
$1,264
Ownwell’s Gallitzin Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Gallitzin with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Gallitzin to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Gallitzin, Pennsylvania
Property taxes in Gallitzin, Pennsylvania, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Gallitzin is 1.55%, significantly higher than both the Pennsylvania state median of 1.46% and the U.S. national median of 0.99%. Local government entities within Gallitzin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Gallitzin estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Gallitzin's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 16641 zip code has the highest median property tax rate of 1.55%, while the 16641 zip code also has the lowest median tax rate of 1.55%. Understanding how these cities compare with Gallitzin provides valuable insights into the varying tax landscape across Blair County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Gallitzin Tax Rate
1.37%
Average Blair County Tax Rate
1.57%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Gallitzin, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16641 | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Gallitzin, Pennsylvania
In Gallitzin, Pennsylvania, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Blair County Assessment Office for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Gallitzin, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Gallitzin helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area are both $1,260 in the 16641 zip code.
Average Gallitzin Assessed Value
$92,250
Average Blair County Assessed Value
$113,500
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Gallitzin, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16641 | $46,630 | $71,000 | $92,250 | $129,400 | $160,980 |
Source: Ownwell
Property Tax Bills Across Gallitzin, Pennsylvania
In Gallitzin, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For instance, with a median home price of $92,250, homeowners can expect varying tax bills depending on their property's assessed value. At the 25th percentile, the tax bill is around $970, while at the 75th percentile, it rises to approximately $1,772. For those at the 90th percentile, the tax bill can reach up to $2,199. These tax bills are influenced by several factors, including property size, location, and improvements. The local tax rate in Gallitzin is compared to the national median property tax rate of 0.99%, providing a benchmark for homeowners. Understanding these calculations is crucial for homeowners as it directly impacts their annual financial planning and the overall cost of homeownership.
Average Gallitzin Tax Bill
$1,260
Average Blair County Tax Bill
$1,685
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Gallitzin, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16641 | $637 | $970 | $1,260 | $1,772 | $2,199 |
Source: Ownwell