Telford, Bucks County, Pennsylvania Property Taxes
Median Telford, PA effective property tax rate: 1.58%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Telford, PA home value: $234,042
Median annual Telford, PA tax bill: $2,440, $40 higher than the national median property tax bill of $2,400.
How are property taxes in Bucks County calculated?
Property taxes in Telford, 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 Telford’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Telford, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Telford, Bucks County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.6%
Estimate Property Tax Bill
$3,745
$3,475
Property Tax Rates Across Telford, Bucks County, Pennsylvania
Local governments determine property tax rates, which can differ significantly across regions. This is because each year, counties calculate their necessary budgets for public services and divide this by the total assessed value of all taxable properties within their boundaries. This calculation establishes the property tax rate. Although the process involves votes and legislation, this is the basic annual procedure.
In Telford, located in Bucks County, Pennsylvania, the effective property tax rate is a point of comparison against other cities in the state and the national average. The median property tax rate in Pennsylvania surpasses the national median of 1.02%, reflecting the state's commitment to funding local services through property taxes. With Telford's effective tax rate aligning with the county's median, residents contribute to maintaining essential services such as education, infrastructure, and emergency services. By understanding how their tax rate compares, property owners in Telford can better appreciate the value of their contributions to the community.
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 Telford Tax Rate
1.60%
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 Telford, Bucks County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18969 | 0.33% | 0.33% | 1.60% | 1.61% | 1.61% |
Source: Ownwell
Property Tax Assessment Values Across Telford, Bucks County, Pennsylvania
When examining property taxes in Telford, 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 Telford. For example, the median home price in Telford is $234,042, with tax bills ranging significantly across the county. Zip code 18969 has the highest median home price at $234,042.
Property Tax Assessment Values Across Telford, Bucks County, Pennsylvania
Source: Ownwell
$174,468
$430,213
$685,957
Median Telford Market Value
$234,042
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 Telford, Bucks County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18969 | $148,511 | $167,660 | $234,042 | $293,617 | $368,936 |
Source: Ownwell
Property Tax Bills Across Telford, Bucks County, Pennsylvania
Median Telford Tax Bill
$2,469
Median Bucks County Tax Bill
$5,735
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Telford, Bucks County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
18969 | $685 | $887 | $2,469 | $3,603 | $5,667 |
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 |