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Morrisville, Bucks County, Pennsylvania Property Taxes

  • Median Morrisville, PA effective property tax rate: 2.11%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.

  • Median Morrisville, PA home value: $217,872

  • Median annual Morrisville, PA tax bill: $5,623, $3,223 higher than the national median property tax bill of $2,400.

How are property taxes in Bucks calculated?

Property taxes in Morrisville, 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 Morrisville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Morrisville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Morrisville, Bucks County, Pennsylvania Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.11%

Estimate Property Tax Bill

$4,597

$4,266

Ownwell’s Morrisville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Morrisville with just two data points.

By entering your property's estimated assessed value, our calculator applies Morrisville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Bucks County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Morrisville, Bucks County, Pennsylvania

Local government entities set property tax rates, which can vary widely within a state. Each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

Morrisville in Bucks County, PA, has an effective property tax rate of 2.11%, which is significantly higher than the national median of 1.02%. This means Morrisville residents pay more in property taxes compared to the average American homeowner. In fact, this rate is the highest in Pennsylvania, indicating a substantial financial commitment for property owners in this area.

Understanding these rates is crucial for homeowners considering a property tax appeal or exemption. By comparing Morrisville’s rate to other cities in Pennsylvania and the national median, property owners can make informed decisions about their property tax obligations.

Property Tax Rates Across Morrisville, Bucks County, Pennsylvania

Source: Ownwell

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1.41%

1.97%

2.53%

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 Morrisville Tax Rate

2.11%

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 Morrisville, Bucks County, Pennsylvania

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
190672.01%2.01%2.11%3.00%3.00%

Source: Ownwell

Property Tax Assessment Values Across Morrisville, Bucks County, Pennsylvania

When examining property taxes in Morrisville, 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 May. 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 Morrisville.

For example, the median home price in Morrisville is $217,872, with tax bills ranging significantly across the county. Zip code 19067 has the highest median home price at $217,872.

Property Tax Assessment Values Across Morrisville, Bucks County, Pennsylvania

Source: Ownwell

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$174,468

$430,665

$686,862

Median Morrisville Market Value

$217,872

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 Morrisville, Bucks County, Pennsylvania

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
19067$37,872$136,170$217,872$299,521$396,277

Source: Ownwell

Property Tax Bills Across Morrisville, Bucks County, Pennsylvania

In Morrisville, located in Bucks County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to arrive at the property tax bill. The median home price in Morrisville is $217,872, which influences the tax bill homeowners receive. The property tax bills in Morrisville range significantly, with the 25th percentile at $3,700 and the 90th percentile reaching $8,761. This variability can affect homeowners differently, potentially surpassing the national median property tax bill of $2,400. Homeowners in Morrisville may find their tax bills higher than the national average, which can impact their financial planning. Ownwell assists homeowners by providing property tax appeal services, potentially lowering their tax bills. By reviewing assessed values and ensuring they align with market values, Ownwell helps homeowners achieve fair taxation, offering peace of mind and potential savings on their property tax obligations.

Property Tax Bills Across Morrisville, Bucks County, Pennsylvania

Source: Ownwell

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$2,440

$6,369

$10,298

Median Morrisville Tax Bill

$5,623

Median Bucks County Tax Bill

$5,548

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Morrisville, Bucks County, Pennsylvania

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
19067$802$3,700$5,623$6,938$8,761

Source: Ownwell

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