Property Taxes in Richboro, Pennsylvania
Median Richboro, Pennsylvania effective property tax rate: 1.81%, significantly lower than the national median of 1.02%, and lower than the Pennsylvania state median of 2.75%.
Median Richboro, Pennsylvania home value: $430,585
Median annual Richboro, Pennsylvania tax bill: $7,828, higher than the national median property tax bill of $2,400.
How are property taxes in Bucks calculated?
Property taxes in Richboro, Pennsylvania 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 Richboro's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Richboro, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Richboro Property Tax Calculator Work?
Use this Richboro property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Richboro's median effective tax rate of 1.81% — based on actual property records in Bucks County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Richboro's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Richboro: rates range from 1.81% in 18954 to 1.81% in 18954, primarily due to differences in school district levies and local assessment districts. Richboro's median rate is higher than the 1.02% national median property tax rate, and the $7,828 median property tax bill is higher than the $2,400 national median property tax bill.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Richboro.
About Richboro Property Taxes
About Property Taxes in Richboro, Bucks, Pennsylvania
Richboro’s median effective property tax rate of 1.81% is lower than the Pennsylvania state median of 2.75% and higher than the national median of 1.02%. This rate reflects the Bucks County base levy combined with local school district levies and special taxing districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Richboro. Homeowners in the 18954 ZIP code carry a median effective rate of 1.81%, while those in the same ZIP code also pay 1.81%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Bucks County. Understanding which part of Richboro you live in can make a meaningful difference to your annual tax bill.
Richboro homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the August 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Richboro, Bucks County, Pennsylvania
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, 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 results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Richboro's effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S.
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 Richboro Tax Rate
1.81%
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
1.98%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Richboro, Bucks County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18954 | 1.81% | 1.81% | 1.81% | 1.81% | 1.81% |
Source: Ownwell
Property Tax Assessment Values Across Richboro, Bucks County, Pennsylvania
When examining property taxes in Richboro, Pennsylvania, 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 assessment office 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.
Assessment notices are sent in the spring each year and typically reach property owners by the middle of the month. Each notice includes both the market value and assessed value, along with an estimate of your property tax bill.
For example, the median home price in Richboro is $430,585, and the median property tax bill is $7,828. In ZIP code 18954, both the highest median home price and the highest median tax bill are $430,585 and $7,828.
Property Tax Assessment Values Across Richboro, Bucks County, Pennsylvania
Source: Ownwell
$174,468
$430,213
$685,957
Median Richboro Market Value
$430,585
Median Bucks County Market Value
$298,404
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$274,101
Property Tax Assessment Values Across Richboro, Bucks County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18954 | $302,128 | $362,102 | $430,585 | $583,165 | $700,840 |
Source: Ownwell
Property Tax Bills Across Richboro, Bucks County, Pennsylvania
Property tax bills in Richboro are based on the assessed value of a home and the local tax rate set by Bucks County and other taxing authorities. For a home with a median home price of $430,585, the tax bill can vary widely depending on the property’s assessment, exemptions, and any local rate changes.
The 25th percentile tax bill is $6,603, while the 75th percentile reaches $10,505 and the 90th percentile is $12,674. That range shows how much taxes can differ from one homeowner to another, even within the same city. The median tax bill is $7,828 in ZIP code 18954, which is also the highest and lowest median tax bill reported for the area.
For homeowners, a higher assessed value usually means a higher tax bill, which can make annual housing costs less predictable. Understanding how the bill is calculated can help homeowners better anticipate expenses and evaluate whether their assessment reflects market value.
Median Richboro Tax Bill
$7,828
Median Bucks County Tax Bill
$5,735
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$3,209
Property Tax Bills Across Richboro, Bucks County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18954 | $5,511 | $6,603 | $7,828 | $10,505 | $12,674 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 1 |
Links | |
|---|---|
| Bucks Tax Assessor | |
| Website | www.buckscountyboa.org |