Glenolden, Pennsylvania Property Taxes
The median property tax rate in Glenolden, PA is 3.43%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Glenolden, the typical annual property tax bill reaches $4,249, exceeding the national median of $2,690. Property taxes in Glenolden are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Glenolden'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 Glenolden 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
Glenolden, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.43%
Estimate Property Tax Bill
$4,253
Ownwell’s Glenolden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Glenolden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Glenolden 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 Glenolden, Pennsylvania
Property taxes in Glenolden, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glenolden is 3.43%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Glenolden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glenolden 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 Glenolden's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 19036 zip code has the highest median property tax rate of 3.43%, while the same zip code also has the lowest median tax rate of 3.43%. Understanding how these cities compare with Glenolden provides valuable insights into the varying tax landscape across Delaware County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Glenolden Tax Rate
3.43%
Average Delaware County Tax Rate
2.80%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glenolden, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19036 | 3.43% | 3.43% | 3.43% | 3.51% | 3.51% |
Source: Ownwell
Property Tax Assessment Values Across Glenolden, Pennsylvania
In Glenolden, 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 Delaware 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 Glenolden, 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 Glenolden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 19036 has both the highest and lowest median tax bill, valued at $4249.
Property Tax Assessment Values Across Glenolden, Pennsylvania
Source: Ownwell
$21,600
$706,300
$1,391,000
Average Glenolden Assessed Value
$123,995
Average Delaware County Assessed Value
$197,870
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Glenolden, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19036 | $99,356 | $108,540 | $123,995 | $147,409 | $174,474 |
Source: Ownwell
Property Tax Bills Across Glenolden, Pennsylvania
In Glenolden, property tax bills are determined by assessing the value of a home and applying the local tax rate. The assessed value is typically a percentage of the property's market value. For instance, if a home in Glenolden has a median home price of $123,995, this value is used as a baseline for tax calculations. The local tax rate in Delaware County plays a crucial role in determining the final tax bill. Homeowners in Glenolden can expect varying tax bills depending on where their property falls within the assessed value spectrum. For example, the 25th percentile tax bill is $3,702, while the 75th percentile tax bill reaches $5,163. For those at the higher end, the 90th percentile tax bill is $6,098. These tax bills can significantly impact homeowners' finances, especially when compared to the national median property tax rate of 0.99%. Understanding these factors helps homeowners in Glenolden better anticipate their annual property tax obligations and plan their budgets accordingly.
Average Glenolden Tax Bill
$4,249
Average Delaware County Tax Bill
$5,691
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Glenolden, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19036 | $3,381 | $3,702 | $4,249 | $5,163 | $6,098 |
Source: Ownwell