East Greenville, Bucks County, Pennsylvania Property Taxes
Median East Greenville, PA effective property tax rate: 1.88%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median East Greenville, PA home value: $374,468
Median annual East Greenville, PA tax bill: $7,044, $4,644 higher than the national median property tax bill of $2,400.
How are property taxes in Bucks County calculated?
Property taxes in East Greenville, PA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding East Greenville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in East Greenville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
East Greenville, Bucks County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.88%
Estimate Property Tax Bill
$7,040
$6,533
Property Tax Rates Across East Greenville, Bucks County, Pennsylvania
Local government entities determine tax rates, which can significantly differ within a state. Each county annually estimates the budget necessary to provide services and divides it by the total assessed value of all taxable properties in its jurisdiction. This calculation results in the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this is essentially the annual process.
In East Greenville, located in Bucks County, the effective property tax rate stands out when compared to other cities in Pennsylvania and the national median. Pennsylvania's median property tax rate is notably higher than the national median of 1.02%. This can lead to higher property tax bills for homeowners in East Greenville compared to other regions in the U.S.
Understanding these rates and how they compare can be crucial for property owners looking to manage their expenses. By exploring potential appeals and exemptions, homeowners in East Greenville can potentially reduce their property tax burden, aligning their expenses more closely with the national average.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective East Greenville Tax Rate
1.88%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Bucks County Tax Rate
1.91%
Median Effective Pennsylvania Tax Rate
2.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across East Greenville, Bucks County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18041 | 1.88% | 1.88% | 1.88% | 1.88% | 1.88% |
Source: Ownwell
Property Tax Assessment Values Across East Greenville, Bucks County, Pennsylvania
When examining property taxes in East Greenville, PA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Bucks County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Bucks County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in East Greenville.
For example, the median home price in East Greenville is $374,468, with tax bills ranging significantly across the county. Zip code 18041 has the highest median home price at $374,468.
Property Tax Assessment Values Across East Greenville, Bucks County, Pennsylvania
Source: Ownwell
$174,468
$430,665
$686,862
Median East Greenville Market Value
$374,468
Median Bucks County Market Value
$300,000
Median Pennsylvania Market Value
$114,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across East Greenville, Bucks County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18041 | $257,447 | $308,510 | $374,468 | $426,064 | $510,958 |
Source: Ownwell
Property Tax Bills Across East Greenville, Bucks County, Pennsylvania
In East Greenville, located in Bucks County, PA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, and the local government sets the tax rate. Homeowners in East Greenville face a median property tax bill of $7,044, significantly higher than the national median of $2,400. Factors influencing the tax bill include the home's assessed value and the specific tax rate applied by the local authorities. This can lead to a substantial financial burden for homeowners, especially when compared to the national median property tax rate of 1.02%.
Ownwell offers a solution by helping homeowners appeal their property tax assessments, potentially lowering their tax bills. By analyzing property data and market trends, Ownwell identifies discrepancies in assessments and files appeals on behalf of homeowners. This service not only alleviates the financial strain but also ensures homeowners are not overpaying on their property taxes, providing peace of mind and potential savings.
Property Tax Bills Across East Greenville, Bucks County, Pennsylvania
Source: Ownwell
$2,440
$6,369
$10,298
Median East Greenville Tax Bill
$7,044
Median Bucks County Tax Bill
$5,548
Median Pennsylvania Tax Bill
$3,063
Median United States Tax Bill
$2,400
Property Tax Bills Across East Greenville, Bucks County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18041 | $4,866 | $5,790 | $7,044 | $8,144 | $9,799 |
Source: Ownwell