Belsano, Pennsylvania Property Taxes
The median property tax rate in Belsano, PA is 8.70%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Belsano, the typical annual property tax bill reaches $893, which is below the national median of $2,690. Property taxes in Belsano are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Belsano'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 Belsano or another part of Cambria County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Belsano, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
8.7%
Estimate Property Tax Bill
$893
Ownwell’s Belsano Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, or potential buyers looking to estimate their annual property taxes in Belsano. By simply entering your property's estimated assessed value, the calculator applies the median tax rate in Belsano to provide an accurate estimate of your property tax bill. This user-friendly tool offers valuable insights into your potential tax liabilities, helping you make informed financial decisions. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, determined by the county, is crucial for property tax calculations and incorporates any applicable exemptions.
Property Tax Rates Across Belsano, Pennsylvania
Property taxes in Belsano, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Belsano is 8.70%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Belsano set these rates annually, and they can vary significantly across different neighborhoods. Each year, Belsano 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 Belsano's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 15922 zip code has the highest median property tax rate of 8.70%, while the 15922 zip code also has the lowest median tax rate of 8.70%. Understanding how these areas compare with Belsano provides valuable insights into the varying tax landscape across Cambria County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Belsano Tax Rate
8.70%
Average Cambria County Tax Rate
10.13%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Belsano, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15922 | 8.70% | 8.70% | 8.70% | 8.70% | 8.70% |
Source: Ownwell
Property Tax Assessment Values Across Belsano, Pennsylvania
In Belsano, 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 Cambria 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 Belsano, 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. For instance, the highest median tax bill in Belsano is found in zip code 15922, amounting to $893. 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 Belsano helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Belsano Assessed Value
$10,265
Average Cambria County Assessed Value
$12,040
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Belsano, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15922 | $6,170 | $8,140 | $10,265 | $22,685 | $27,780 |
Source: Ownwell
Property Tax Bills Across Belsano, Pennsylvania
Property tax bills in Belsano, located in Cambria County, PA, are determined by several key factors. The primary component is the assessed value of a property, which is then multiplied by the local tax rate to calculate the annual tax bill. In Belsano, the median home price is $10,265, which plays a significant role in determining the tax amount. Property tax rates can vary within the county, and homeowners in the 25th percentile can expect a tax bill around $708, while those in the 75th percentile might see bills closer to $1,974. At the 90th percentile, tax bills can reach up to $2,417. Comparatively, Belsano's property tax rates are influenced by the county's needs and services, affecting homeowners differently based on their property's assessed value. The highest and lowest median tax bills in the area are both $893, specifically in the 15922 zip code, highlighting a relatively consistent tax environment within that region. This consistency ensures that homeowners can anticipate their tax obligations with more certainty, aiding in financial planning and stability.
Average Belsano Tax Bill
$893
Average Cambria County Tax Bill
$1,315
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Belsano, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15922 | $537 | $708 | $893 | $1,974 | $2,417 |
Source: Ownwell