Carrolltown, Cambria County, Pennsylvania Property Taxes

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation leads to the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.

In Carrolltown, located in Cambria County, Pennsylvania, the effective property tax rate is notably higher than the national median of 1.02%. This reflects the county's budgeting needs and the total value of taxable property. Pennsylvania's property tax rates can differ widely across its cities, and Carrolltown is no exception. When compared to other cities in the state, Carrolltown's tax rate stands out, highlighting the variability within Pennsylvania.

Understanding these differences is crucial for property owners, as they directly impact the annual property tax bill. While the national median property tax bill is $2,400, homeowners in Carrolltown may find their bills significantly higher due to the local tax rate.

In Carrolltown, Pennsylvania, property tax bills are determined by assessing the value of a property and applying the local tax rate. The assessed value is a percentage of the property's market value, which is then multiplied by the tax rate to calculate the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value, impacting the final tax bill. Homeowners in Carrolltown face a median property tax bill of $1,302, which is below the national median of $2,400. However, tax bills can range significantly, with the 25th percentile at $783 and the 90th percentile reaching $2,966, highlighting the variability based on property specifics.

For homeowners looking to reduce their property tax burden, Ownwell offers valuable assistance. By providing expert property tax appeal and exemption services, Ownwell can help identify discrepancies in assessments or uncover eligible exemptions, potentially lowering the tax bill. This service is particularly beneficial in ensuring homeowners are not overpaying and can lead to significant savings.