Glen Campbell, Pennsylvania Property Taxes
The median property tax rate in Glen Campbell, PA is 0.25%, significantly lower than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Glen Campbell, the typical annual property tax bill is $154, well below the national median of $2,690. Property taxes in Glen Campbell are calculated based on the tax assessed value, which generally 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 substantial annual savings. Whether you're in the heart of Glen Campbell or another part of Clearfield County, 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
0.25%
Estimate Property Tax Bill
$156
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 0.25%, significantly lower than the Pennsylvania state median and 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 counties in Pennsylvania and the national median. Understanding how these cities compare with Glen Campbell provides valuable insights into the varying tax landscape across Clearfield County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Glen Campbell Tax Rate
0.25%
Average Clearfield County Tax Rate
0.25%
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 | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% |
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 Clearfield 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The median home price in Glen Campbell is $62,248, with tax bills ranging from $98 at the 25th percentile to $282 at the 90th percentile. The highest and lowest median tax bill is $154 in the 15742 zip code. Being aware of these valuation processes 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
$25,505
$91,730
$157,954
Average Glen Campbell Assessed Value
$62,248
Average Clearfield County Assessed Value
$86,111
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 | $32,980 | $39,773 | $62,248 | $80,303 | $114,091 |
Source: Ownwell
Property Tax Bills Across Glen Campbell, Pennsylvania
In Glen Campbell, located in Clearfield County, PA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local government assessments and reflects the market value of the property. Homeowners in Glen Campbell can expect a range of property tax bills depending on their property's assessed value. For instance, the 25th percentile tax bill is around $98, while the 75th percentile tax bill is approximately $199, and the 90th percentile tax bill reaches up to $282. These tax bills are influenced by various factors including property size, location, and market conditions. For comparison, the national median property tax rate stands at 0.99%, highlighting how Glen Campbell's property taxes may be relatively low. The highest and lowest median tax bills in the area are both $154, indicating a consistent tax rate across different zip codes within Glen Campbell. This consistency helps homeowners predict their tax obligations more accurately, making financial planning easier.
Average Glen Campbell Tax Bill
$154
Average Clearfield County Tax Bill
$214
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 | $82 | $98 | $154 | $199 | $282 |
Source: Ownwell