Quakertown, Bucks County, Pennsylvania Property Taxes
Median Quakertown, PA effective property tax rate: 1.88%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Quakertown, PA home value: $266,808
Median annual Quakertown, PA tax bill: $5,057, $2,657 higher than the national median property tax bill of $2,400.
How are property taxes in Bucks County calculated?
Property taxes in Quakertown, 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 Quakertown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Quakertown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Quakertown, Bucks County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.88%
Estimate Property Tax Bill
$5,016
$4,655
Property Tax Rates Across Quakertown, Bucks County, Pennsylvania
Local government entities set property tax rates, which can vary significantly within Pennsylvania. 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 votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Quakertown, Bucks County, the effective property tax rate stands at 1.88%, which is notably higher than the national median property tax rate of 1.02%. This rate is consistent across the region, with both the highest and lowest median tax rates at 1.88% within the 18951 ZIP code. This consistency highlights a uniform approach to property taxation within this area. When compared to the national median property tax bill of $2,400, property owners in Quakertown may find themselves paying more due to the higher local rate. Understanding these rates can help property owners anticipate their tax obligations and better manage their finances.
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 Quakertown Tax Rate
1.88%
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 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 Quakertown, Bucks County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18951 | 1.87% | 1.87% | 1.88% | 1.96% | 1.96% |
Source: Ownwell
Property Tax Assessment Values Across Quakertown, Bucks County, Pennsylvania
When examining property taxes in Quakertown, 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.
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 Quakertown.
For example, the median home price in Quakertown is $266,808, with tax bills ranging significantly across the county. Zip code 18951 has the highest median home price at $266,808.
Property Tax Assessment Values Across Quakertown, Bucks County, Pennsylvania
Source: Ownwell
$174,468
$430,665
$686,862
Median Quakertown Market Value
$266,808
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 Quakertown, Bucks County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18951 | $140,425 | $184,255 | $266,808 | $356,888 | $439,298 |
Source: Ownwell
Property Tax Bills Across Quakertown, Bucks County, Pennsylvania
Property tax bills in Quakertown, Bucks County, PA, are calculated based on the assessed value of a property, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median property tax bill in Quakertown is significantly above the national median, with homeowners typically paying around $5,057 annually. This higher tax burden is influenced by the area's property values and tax rates. For instance, the 25th percentile tax bill is $3,531, while the 75th percentile reaches $6,788, highlighting the variability based on property value and location within the city.
Homeowners in Quakertown can benefit from Ownwell's expertise in property tax appeals. By analyzing individual property assessments and market conditions, Ownwell identifies opportunities for tax reductions. This service is crucial for homeowners looking to lower their tax bills, especially in an area where property taxes are considerably above the national average. With Ownwell's guidance, homeowners can potentially save significantly on their annual property tax expenses.
Median Quakertown Tax Bill
$5,057
Median Bucks County Tax Bill
$5,548
Median Pennsylvania Tax Bill
$3,063
Median United States Tax Bill
$2,400
Property Tax Bills Across Quakertown, Bucks County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18951 | $2,645 | $3,531 | $5,057 | $6,788 | $8,285 |
Source: Ownwell