Feasterville Trevose, Bucks County, Pennsylvania Property Taxes

Local government entities are responsible for setting property tax rates, which can vary significantly within Pennsylvania. Each year, counties like Bucks estimate the budget required to provide essential services and divide this by the total value of all taxable properties in the area, resulting in the property tax rate. While votes and laws play a role in determining these rates and budgets, this is the core process.

Feasterville Trevose in Bucks County has a property tax rate that stands out when compared to other cities in Pennsylvania. With a median tax rate of 1.98%, it is notably higher than the national median property tax rate of 1.02%. This means homeowners in Feasterville Trevose may face higher property tax bills compared to the national average. Understanding these figures is crucial for property owners in managing their financial expectations and exploring potential tax appeal opportunities. By staying informed about local tax rates and how they compare to state and national averages, property owners can make more informed decisions about their property investments and tax liabilities.

In Feasterville Trevose, Bucks County, PA, property tax bills are determined by assessing the property's market value and applying the local tax rate. The assessed value is a percentage of the home's market value, which is then multiplied by the county's tax rate to calculate the annual tax bill. With a median home price of $265,320, homeowners in this area face significant tax bills, with the median tax bill reaching as high as $5,227, notably above the national median of $2,400. Factors such as property size, location, and improvements can influence the assessed value, potentially leading to higher tax obligations.

Homeowners can find these tax bills burdensome, but Ownwell offers a solution. By providing professional property tax appeal services, Ownwell helps homeowners potentially lower their assessed values, thereby reducing tax bills. With expertise in navigating the complexities of property tax assessments, Ownwell can identify discrepancies and advocate for fairer valuations, ensuring homeowners do not pay more than necessary. This service can result in substantial savings, easing the financial burden of property taxes.