Hatfield, Bucks County, Pennsylvania Property Taxes

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

Median Hatfield, PA effective property tax rate: 1.59%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Hatfield, PA home value: $425,532
Median annual Hatfield, PA tax bill: $6,812, $4,412 higher than the national median property tax bill of $2,400.

How are property taxes in Bucks County calculated?

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

Last Updated March 1, 2025

Hatfield, Bucks County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.59%

Estimate Property Tax Bill

$6,766

$6,279

Ownwell’s Hatfield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hatfield with just two data points. By entering your property's estimated assessed value, our calculator applies Hatfield’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. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Hatfield, Bucks County, Pennsylvania

Local government entities set tax rates, which can vary widely within a state. This is because annually, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their 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. In Hatfield, located in Bucks County, the effective property tax rate stands at 1.59%. This rate is notably higher than the national median property tax rate of 1.02%, positioning Hatfield among the higher-taxed areas in the state of Pennsylvania. The median property tax rate in Pennsylvania aligns with Hatfield’s rate, reflecting a consistent approach across the region. However, when compared to the national median property tax bill of $2,400, homeowners in Hatfield may find themselves paying more due to the higher tax rate. Understanding these differences can empower property owners to make informed decisions about their property investments and potential tax appeals.

Property Tax Rates Across Hatfield, 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 Hatfield Tax Rate

1.59%

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 Hatfield, Bucks County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
19440	1.59%	1.59%	1.59%	1.59%	1.59%

Source: Ownwell

Property Tax Assessment Values Across Hatfield, Bucks County, Pennsylvania

When examining property taxes in Hatfield, 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. Assessment notices: 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 Hatfield. For example, the median home price in Hatfield is $425,532, with tax bills ranging significantly across the county. Zip code 19440 has the highest median home price at $425,532.

Property Tax Assessment Values Across Hatfield, Bucks County, Pennsylvania

Source: Ownwell

$174,468

$430,665

$686,862

Median Hatfield Market Value

$425,532

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 Hatfield, Bucks County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
19440	$242,128	$313,830	$425,532	$621,995	$710,320

Source: Ownwell

Property Tax Bills Across Hatfield, Bucks County, Pennsylvania

In Hatfield, property tax bills are calculated based on the assessed value of a home, which is determined by the Bucks County assessor. The tax rate is applied to this assessed value to determine the annual tax bill. For Hatfield homeowners, the median property tax bill is significantly higher than the national median of $2,400. Specifically, property tax bills in Hatfield range from $5,016 at the 25th percentile to $11,309 at the 90th percentile, reflecting a considerable financial burden for many residents. The highest and lowest median tax bills in the area are both $6,812, indicating a consistent tax rate across different properties.

Homeowners in Hatfield can benefit from Ownwell’s expertise in property tax appeals and exemptions. By analyzing property assessments and identifying inaccuracies or overvaluations, Ownwell helps homeowners potentially reduce their tax bills. This service can lead to substantial savings, easing the financial strain on homeowners in a region with relatively high property taxes.

Property Tax Bills Across Hatfield, Bucks County, Pennsylvania

Source: Ownwell

$2,440

$6,369

$10,298

Median Hatfield Tax Bill

$6,812

Median Bucks County Tax Bill

$5,548

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Hatfield, Bucks County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
19440	$3,857	$5,016	$6,812	$9,913	$11,309

Source: Ownwell