Glen Campbell, Pennsylvania Property Taxes
The median property tax rate in Glen Campbell, PA is 1.40%, considerably higher than the national median of 0.99%, but significantly lower than the Pennsylvania state median of 2.81%. With the median home value in Glen Campbell at $67,500, the typical annual property tax bill reaches $977, well below the national median of $2,690. Property taxes in Glen Campbell 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 Glen Campbell'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 Glen Campbell 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
Glen Campbell, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.4%
Estimate Property Tax Bill
$945
Ownwell’s Glen Campbell Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Glen Campbell with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Glen Campbell 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 Glen Campbell, Pennsylvania
Property taxes in Glen Campbell, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glen Campbell is 1.40%, significantly higher than the U.S. national median of 0.99%. Local government entities within Glen Campbell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glen Campbell 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 Glen Campbell's effective property tax rate to other regions in Pennsylvania and the national median. For comparison, the zip code 15742 has the highest median property tax rate of 1.40%, while the same zip code also has the lowest median tax rate of 1.40%. Understanding how these areas compare with Glen Campbell provides valuable insights into the varying tax landscape across Indiana County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Glen Campbell Tax Rate
1.40%
Average Indiana County Tax Rate
2.03%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glen Campbell, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15742 | 1.33% | 1.33% | 1.40% | 1.49% | 1.80% |
Source: Ownwell
Property Tax Assessment Values Across Glen Campbell, Pennsylvania
In Glen Campbell, 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 Indiana 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 Glen Campbell, 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 the area is $977 in the 15742 zip code, which is also the lowest median 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 Glen Campbell helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Glen Campbell, Pennsylvania
Source: Ownwell
$24,600
$83,500
$142,400
Average Glen Campbell Assessed Value
$67,500
Average Indiana County Assessed Value
$98,600
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Glen Campbell, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15742 | $14,600 | $39,500 | $67,500 | $117,725 | $179,050 |
Source: Ownwell
Property Tax Bills Across Glen Campbell, Pennsylvania
In Glen Campbell, Indiana County, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Glen Campbell is $67,500. Homeowners can expect their property tax bills to vary significantly. For instance, the tax bill for the 25th percentile is $596, while the 75th percentile sees bills around $1,751. At the 90th percentile, property taxes can reach up to $2,512. The calculation involves multiplying the assessed value of the property by the local tax rate. This rate is determined by various local government needs, including schools, infrastructure, and public services. Homeowners in Glen Campbell find their tax bills influenced by factors such as property size, location, and any improvements made. Compared to the national median property tax rate of 0.99%, Glen Campbell's property tax rates can result in varying financial impacts on homeowners, depending on the assessed value of their properties and the local tax rate applied.
Average Glen Campbell Tax Bill
$977
Average Indiana County Tax Bill
$2,051
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Glen Campbell, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15742 | $242 | $596 | $977 | $1,751 | $2,512 |
Source: Ownwell