Pipersville, Pennsylvania Property Taxes
The median property tax rate in Pipersville, PA is 1.58%, considerably higher than the national median of 0.99% but lower than Pennsylvania's state median of 2.81%. With the median home value in Pipersville at $412,340, the typical annual property tax bill reaches $6,431, significantly exceeding the national median of $2,690. Property taxes in Pipersville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Pipersville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Pipersville or another part of Bucks County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pipersville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.58%
Estimate Property Tax Bill
$6,515
Ownwell’s Pipersville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pipersville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pipersville to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Pipersville, Pennsylvania
Property taxes in Pipersville, PA, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pipersville is 1.58%, significantly higher than the U.S. national median of 0.99%. Local government entities within Pipersville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pipersville estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Pipersville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the 18947 zip code has the highest median property tax rate of 1.58%, while the same zip code also has the lowest median tax rate of 1.58%. Understanding how these cities compare with Pipersville provides valuable insights into the varying tax landscape across Bucks County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pipersville Tax Rate
1.58%
Average Bucks County Tax Rate
1.91%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pipersville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18947 | 1.43% | 1.56% | 1.58% | 1.58% | 1.58% |
Source: Ownwell
Property Tax Assessment Values Across Pipersville, Pennsylvania
In Pipersville, Pennsylvania, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by Bucks County for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Pipersville, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Pipersville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both recorded at $6,431, specifically in zip code 18947.
Property Tax Assessment Values Across Pipersville, Pennsylvania
Source: Ownwell
$172,340
$489,787
$807,234
Average Pipersville Assessed Value
$412,340
Average Bucks County Assessed Value
$300,000
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pipersville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18947 | $229,788 | $293,617 | $412,340 | $560,426 | $717,703 |
Source: Ownwell
Property Tax Bills Across Pipersville, Pennsylvania
In Pipersville, Bucks County, PA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Factors such as market trends, property improvements, and neighborhood changes can influence the assessed value. For homeowners in Pipersville, the median home price is $412,340. Property tax bills can vary significantly, with the 25th percentile at $4,601 and the 75th percentile at $8,653. For those at the 90th percentile, tax bills can reach as high as $11,128. These figures indicate that property taxes in Pipersville can be a substantial expense for homeowners, often exceeding the national median property tax rate of 0.99%. Understanding how these factors interplay helps homeowners anticipate their tax obligations and plan accordingly, ensuring they are better prepared for annual tax payments.
Average Pipersville Tax Bill
$6,431
Average Bucks County Tax Bill
$5,548
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Pipersville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18947 | $3,633 | $4,601 | $6,431 | $8,653 | $11,128 |
Source: Ownwell