Glasgow, Pennsylvania Property Taxes
The median property tax rate in Glasgow, PA is 10.54%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $7,840 in Glasgow, the typical annual property tax bill reaches $826, which is lower than the national median of $2,690. Property taxes in Glasgow are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Glasgow'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 Glasgow 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
Glasgow, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
10.54%
Estimate Property Tax Bill
$826
Ownwell’s Glasgow Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Glasgow with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Glasgow 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 Glasgow, Pennsylvania
Property taxes in Glasgow, Pennsylvania, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glasgow is 10.54%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Glasgow set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glasgow 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 Glasgow's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 16644 zip code has the highest median property tax rate of 10.54%, while the 16644 zip code also has the lowest median tax rate of 10.54%. Understanding how these cities compare with Glasgow 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 Glasgow Tax Rate
10.54%
Average Cambria County Tax Rate
10.13%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glasgow, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16644 | 10.54% | 10.54% | 10.54% | 10.54% | 10.54% |
Source: Ownwell
Property Tax Assessment Values Across Glasgow, Pennsylvania
In Glasgow, 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 Glasgow, 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 Glasgow helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 16644 has the highest median tax bill at $826, while the same zip code also has the lowest median tax bill at $826.
Average Glasgow Assessed Value
$7,840
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 Glasgow, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16644 | $1,936 | $3,615 | $7,840 | $16,930 | $22,854 |
Source: Ownwell
Property Tax Bills Across Glasgow, Pennsylvania
In Glasgow, Cambria County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Glasgow is $7,840, and the property tax rate in this area is influenced by various factors, including local government budgets and public service funding requirements. Homeowners in Glasgow can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill is approximately $381, while the 75th percentile tax bill reaches around $1,784. At the 90th percentile, some homeowners may face tax bills as high as $2,409. The highest and lowest median tax bills in the area both stand at $826, indicating a relatively consistent tax rate within the specific zip code 16644. These property taxes play a crucial role in funding local services such as schools, public safety, and infrastructure, directly impacting the quality of life in the community.
Average Glasgow Tax Bill
$826
Average Cambria County Tax Bill
$1,315
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Glasgow, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 16644 | $204 | $381 | $826 | $1,784 | $2,409 |
Source: Ownwell