15940 Property Tax Rate

Property owners in ZIP code 15940 (Loretto, Pennsylvania) pay a median of $2,011/year in property taxes on homes valued at $236,400. This translates to an effective tax rate of 0.85%, which is 37% below the Pennsylvania state average of 1.34%.

The monthly property tax burden for a median-valued home in 15940 is approximately $168, which factors into escrow payments on mortgages. This ZIP code is located within Cambria County. This is $793 less than the Pennsylvania average of $2,804/year.

Compared to similar ZIP codes in Pennsylvania, 15940 has lower property taxes. ZIP codes with similar effective rates include 18817 (0.85%) and 17729 (0.85%).

In Loretto, property taxes represent approximately 2.3% of the median household income of $86,250, providing context for the relative tax burden on homeowners in this area.

Cambria County property taxes lack a state cap and can increase annually — file a Homestead Exclusion with your school district assessor to reduce taxable value by the amount your district sets (typically $15,000–$50,000). Seniors, disabled persons, and eligible widows earning ≤$35,000 can reduce taxes further by filing Pennsylvania's Property Tax/Rent Rebate Program with the PA Department of Revenue by June 30 annually. Contact your school district assessor within 30 days of purchase to file the Homestead Exclusion and learn your district's specific exemption amount and deadline.