Glendon, Pennsylvania Property Taxes
The median property tax rate in Glendon, PA is 4.10%, significantly higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With a median home value of $66,500 in Glendon, the typical annual property tax bill reaches $2,727, closely aligning with the national median of $2,690. Property taxes in Glendon 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 Glendon'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 Glendon 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
Glendon, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.1%
Estimate Property Tax Bill
$2,726
Ownwell’s Glendon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Glendon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Glendon 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 Glendon, Pennsylvania
Property taxes in Glendon, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glendon is 4.10%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Glendon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glendon 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 Glendon's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 18042 has both the highest and lowest median property tax rate of 4.10%. Understanding how these cities compare with Glendon provides valuable insights into the varying tax landscape across Northampton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Glendon Tax Rate
4.10%
Average Northampton County Tax Rate
3.95%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glendon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18042 | 4.10% | 4.10% | 4.10% | 4.10% | 4.10% |
Source: Ownwell
Property Tax Assessment Values Across Glendon, Pennsylvania
In Glendon, 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 Northampton 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 Glendon, 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 Glendon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Glendon is $66,500, with tax bills ranging from $2,499 at the 25th percentile to $4,578 at the 90th percentile.
Average Glendon Assessed Value
$66,500
Average Northampton County Assessed Value
$115,200
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Glendon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18042 | $55,740 | $60,950 | $66,500 | $77,500 | $100,080 |
Source: Ownwell
Property Tax Bills Across Glendon, Pennsylvania
In Glendon, Northampton County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and is a percentage of the property's market value. Homeowners in Glendon can expect a median home price of $66,500. The property tax rate in this region is applied to the assessed value to determine the annual tax bill. Several factors influence the tax bill, including the property's market value, the assessment ratio, and the local tax rate. For example, homeowners in the 25th percentile can expect to pay around $2,499, while those in the 75th percentile may see tax bills as high as $3,178. At the 90th percentile, tax bills can reach up to $4,578. Compared to the national median property tax rate of 0.99%, the property tax burden in Glendon can significantly impact homeowners, making it essential for them to understand how their tax bills are calculated and what factors are at play.
Average Glendon Tax Bill
$2,727
Average Northampton County Tax Bill
$4,642
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Glendon, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18042 | $2,286 | $2,499 | $2,727 | $3,178 | $4,578 |
Source: Ownwell