Gallitzin, Pennsylvania Property Taxes
The median property tax rate in Gallitzin, PA is 11.30%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Gallitzin, the typical annual property tax bill reaches $922, which is lower than the national median of $2,690. Property taxes in Gallitzin are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the 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
11.3%
Estimate Property Tax Bill
$945
Ownwell’s Gallitzin Property Tax Bill Calculator offers an easy way for homeowners, real estate investors, or potential buyers to estimate annual property taxes in Gallitzin using just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Gallitzin to project your property tax bill. This valuable tool provides clarity on potential tax obligations. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is the value assigned by Cambria County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Gallitzin, Pennsylvania
Property taxes in Gallitzin, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Gallitzin is 1.54%, significantly higher than both the Pennsylvania state median of 1.35% 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 1.54%, while the same zip code also has the lowest median tax rate of 1.54%. Understanding how these cities compare with Gallitzin 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 Gallitzin Tax Rate
11.30%
Average Cambria County Tax Rate
10.13%
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 | 9.50% | 10.30% | 11.30% | 11.30% | 11.30% |
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 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 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 $922, found in the 16641 zip code.
Average Gallitzin Assessed Value
$8,360
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 Gallitzin, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16641 | $4,352 | $6,120 | $8,360 | $16,180 | $24,976 |
Source: Ownwell
Property Tax Bills Across Gallitzin, Pennsylvania
In Gallitzin, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and is typically a percentage of the property's market value. Homeowners in Gallitzin, located in Cambria County, experience varying property tax bills depending on their property's assessed value and the specific tax rate applied. For instance, the median home price in Gallitzin is $8,360, and property tax bills can range significantly. The 25th percentile tax bill is $674, while the 75th percentile tax bill is $1,691, and the 90th percentile tax bill reaches $2,607. These figures illustrate the variability in tax obligations based on property values and assessment practices. Comparatively, the national median property tax rate is 0.99%, and Gallitzin's rates reflect the local economic and property market conditions. Homeowners need to be aware of these factors as they directly impact their annual property tax bills, influencing overall housing affordability and financial planning.
Average Gallitzin Tax Bill
$922
Average Cambria County Tax Bill
$1,315
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 | $469 | $674 | $922 | $1,691 | $2,607 |
Source: Ownwell