Springtown, Bucks County, Pennsylvania Property Taxes
Median Springtown, PA effective property tax rate: 1.51%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Springtown, PA home value: $293,617
Median annual Springtown, PA tax bill: $4,421, $2,021 higher than the national median property tax bill of $2,400.
How are property taxes in Bucks calculated?
Property taxes in Springtown, 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 Springtown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Springtown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Springtown, Bucks County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.52%
Estimate Property Tax Bill
$4,411
$4,093
Property Tax Rates Across Springtown, Bucks County, Pennsylvania
Local government entities are responsible for setting property tax rates, which can vary significantly even within a single state. This variation is due to each county's annual process of estimating the budget required to provide essential services and then dividing that amount by the total value of all taxable property within its jurisdiction. The result of this calculation determines the property tax rate.
While the process involves votes and legislation, this is essentially how property tax rates are established each year. In Springtown, located in Bucks County, Pennsylvania, you can compare its effective property tax rate to other cities in the state as well as the median property tax rates in Pennsylvania and across the United States.
Pennsylvania's median property tax rate is notably higher than the national median of 1.02%. This can impact homeowners in the area, potentially leading to higher property tax bills compared to the national median of $2400. Understanding these rates is crucial for property owners looking to manage their tax liabilities effectively.
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 Springtown Tax Rate
1.52%
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
1.02%
Property Tax Rates Across Springtown, Bucks County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18081 | 1.52% | 1.52% | 1.52% | 1.52% | 1.52% |
Source: Ownwell
Property Tax Assessment Values Across Springtown, Bucks County, Pennsylvania
When examining property taxes in Springtown, 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 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 Springtown.
For example, the median home price in Springtown is $293,617, with tax bills ranging significantly across the county. Zip code 18081 has the highest median home price at $293,617.
Property Tax Assessment Values Across Springtown, Bucks County, Pennsylvania
Source: Ownwell
$174,468
$430,213
$685,957
Median Springtown Market Value
$290,212
Median Bucks County Market Value
$298,404
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Springtown, Bucks County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18081 | $191,489 | $251,064 | $290,212 | $319,149 | $350,213 |
Source: Ownwell
Property Tax Bills Across Springtown, Bucks County, Pennsylvania
In Springtown, located in Bucks County, PA, property tax bills are determined based on the assessed value of a home and the local tax rate. With a median home price of $293,617, homeowners here face property tax bills that vary significantly. The 25th percentile tax bill stands at $3,787, while the 75th percentile reaches $4,902, and the 90th percentile climbs to $5,359. Notably, the highest and lowest median tax bill in the area is $4,421, which is significantly above the national median property tax bill of $2,400. These figures illustrate the substantial financial impact property taxes can have on homeowners in Springtown.
Ownwell offers a solution to manage these costs effectively. By providing expert property tax appeal and exemption services, Ownwell helps homeowners ensure that their property assessments are fair and accurate. This can lead to significant savings, as reducing the assessed value of a property can lower the overall tax bill. With Ownwell's assistance, homeowners in Springtown can potentially save hundreds or even thousands of dollars annually on their property taxes.
Median Springtown Tax Bill
$4,425
Median Bucks County Tax Bill
$5,735
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Springtown, Bucks County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18081 | $2,919 | $3,828 | $4,425 | $4,866 | $5,339 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Bucks Tax Assessor | |
| Website | www.buckscountyboa.org |