Tullytown, Bucks County, Pennsylvania Property Taxes

Local government entities set tax rates, which can vary widely within a state. 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 Tullytown’s effective property tax rate to other cities in Pennsylvania and the median property tax rates in Pennsylvania and the U.S.

In Tullytown, located in Bucks County, the property tax rate is significantly higher than the national median property tax rate of 1.02%. This rate reflects the county's budgetary needs and the total assessed value of properties within the area. Tullytown’s rate is one of the highest in the state, emphasizing the importance for property owners to explore potential tax appeals and exemptions. By understanding these rates and how they compare to national figures, property owners can better navigate their financial responsibilities and potentially reduce their tax burdens.

In Tullytown, 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 of the property, which is influenced by factors such as location, size, and property condition. Homeowners in Tullytown, located in Bucks County, face a median tax bill significantly higher than the national median of $2,400, with the 25th percentile tax bill at $3,181 and the 75th percentile reaching $5,079. This can place a substantial financial burden on homeowners, especially when compared to the national median property tax rate of 1.02%.

Ownwell assists homeowners in reducing their property tax bills by providing expert property tax appeal and exemption services. By ensuring that properties are assessed fairly and accurately, Ownwell helps homeowners potentially save hundreds or even thousands of dollars. With a thorough understanding of local tax codes and appeal processes, Ownwell is well-equipped to navigate the complexities of property tax assessments, ensuring that homeowners in Tullytown pay only their fair share.