Buckingham, Bucks County, Pennsylvania Property Taxes

Name: Property Tax Bills Across Buckingham, Bucks County, Pennsylvania
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Buckingham, PA effective property tax rate: 1.48%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Buckingham, PA home value: $228,511
Median annual Buckingham, PA tax bill: $3,442, $1,042 higher than the national median property tax bill of $2,400.

How are property taxes in Bucks County calculated?

Property taxes in Buckingham, 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 Buckingham’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Buckingham, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Buckingham, Bucks County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.48%

Estimate Property Tax Bill

$3,382

$3,138

Ownwell’s Buckingham Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Buckingham with just two data points.

By entering your property's estimated assessed value, our calculator applies Buckingham’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Bucks County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Buckingham, Bucks County, Pennsylvania

Local government entities set tax rates, which can vary widely within a state. The reason for this is that each county annually 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. Buckingham in Bucks County, PA, has an effective property tax rate of 1.48%, which is notably higher than the national median of 1.02%. This rate aligns with the highest median tax rate within the county. In comparison to other cities in Pennsylvania, Buckingham's rate reflects the local government's approach to meeting budgetary needs through property taxes. The median property tax rate in Pennsylvania stands at 1.48%, which also surpasses the national average. This comparison highlights the variability in property tax rates across different regions and underscores the importance of understanding how these rates are set and their impact on property owners.

Property Tax Rates Across Buckingham, Bucks County, Pennsylvania

Source: Ownwell

1.41%

1.97%

2.53%

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 Buckingham Tax Rate

1.48%

Median Effective Bucks County Tax Rate

1.91%

Median Effective Pennsylvania Tax Rate

2.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Buckingham, Bucks County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
18912	1.48%	1.48%	1.48%	1.48%	1.48%

Source: Ownwell

Property Tax Assessment Values Across Buckingham, Bucks County, Pennsylvania

When examining property taxes in Buckingham, 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 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.

In Bucks County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Buckingham. For example, the median home price in Buckingham is $228,511, with tax bills ranging significantly across the county. The zip code 18912 has the highest median home price at $228,511.

Property Tax Assessment Values Across Buckingham, Bucks County, Pennsylvania

Source: Ownwell

$174,468

$430,665

$686,862

Median Buckingham Market Value

$228,511

Median Bucks County Market Value

$300,000

Median Pennsylvania Market Value

$114,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Buckingham, Bucks County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
18912	$184,170	$214,043	$228,511	$436,862	$529,532

Source: Ownwell

Property Tax Bills Across Buckingham, Bucks County, Pennsylvania

In Buckingham, PA, property tax bills are calculated based on the assessed value of a home and the local tax rate set by Bucks County. The median home price in Buckingham is $228,511, with property tax bills ranging significantly. The 25th percentile tax bill stands at $3,193, while the 75th percentile reaches $6,459, and the 90th percentile climbs to $7,829. This variation is influenced by factors such as property size, location, and improvements, which affect the assessed value. Compared to the national median property tax bill of $2,400, Buckingham's figures are notably higher, reflecting the county's elevated tax rates.

Homeowners in Buckingham may find their property tax burdens substantial, affecting their overall financial planning. Ownwell offers a valuable service by helping homeowners appeal their property tax assessments and secure exemptions where applicable. By leveraging expert knowledge and a streamlined process, Ownwell can potentially reduce property tax bills, easing the financial load on homeowners and ensuring they only pay their fair share.

Property Tax Bills Across Buckingham, Bucks County, Pennsylvania

Source: Ownwell

$2,440

$6,369

$10,298

Median Buckingham Tax Bill

$3,442

Median Bucks County Tax Bill

$5,548

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Buckingham, Bucks County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
18912	$3,132	$3,193	$3,442	$6,459	$7,829

Source: Ownwell