Upper Black Eddy, Bucks County, Pennsylvania Property Taxes

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

Median UPPER BLACK EDDY, PA effective property tax rate: 1.41%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median UPPER BLACK EDDY, PA home value: $331,915
Median annual UPPER BLACK EDDY, PA tax bill: $4,710, $2,310 higher than the national median property tax bill of $2,400.

How are property taxes in Bucks calculated?

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

Last Updated March 1, 2025

Upper Black Eddy, Bucks County, Pennsylvania Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.41%

Estimate Property Tax Bill

$4,680

$4,343

Ownwell’s UPPER BLACK EDDY Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in UPPER BLACK EDDY with just two data points. By entering your property's estimated assessed value, our calculator applies UPPER BLACK EDDY’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 Upper Black Eddy, Bucks County, Pennsylvania

Local government entities set tax rates, which can vary widely within a state due to differing budgetary needs. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play roles in setting rates and budgets, this is the annual process in a nutshell.

In UPPER BLACK EDDY, property tax rates are influenced by these local budgetary decisions. With a median property tax rate of 1.41%, UPPER BLACK EDDY in Bucks County aligns with the highest median tax rate within the area. This rate is significantly higher than the national median property tax rate of 1.02%, reflecting a higher demand for local services or a smaller tax base. Property owners in UPPER BLACK EDDY might face higher tax bills compared to those in regions with lower rates. Comparing this to the national median property tax bill of $2,400, residents in UPPER BLACK EDDY could experience a noticeable difference in their annual expenses. Understanding these differences can help property owners make informed decisions about appeals and exemptions.

Property Tax Rates Across Upper Black Eddy, 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 Upper Black Eddy Tax Rate

1.41%

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 Upper Black Eddy, Bucks County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
18972	1.40%	1.40%	1.41%	1.43%	1.43%

Source: Ownwell

Property Tax Assessment Values Across Upper Black Eddy, Bucks County, Pennsylvania

When examining property taxes in UPPER BLACK EDDY, 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 authority 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 the season. 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 UPPER BLACK EDDY. For example, the median home price in UPPER BLACK EDDY is $331,915, with tax bills ranging significantly across the county. ZIP code 18972 has the highest median home price at $331,915.

Property Tax Assessment Values Across Upper Black Eddy, Bucks County, Pennsylvania

Source: Ownwell

$174,468

$430,665

$686,862

Median Upper Black Eddy Market Value

$331,915

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 Upper Black Eddy, Bucks County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
18972	$191,489	$251,064	$331,915	$438,298	$574,979

Source: Ownwell

Property Tax Bills Across Upper Black Eddy, Bucks County, Pennsylvania

In Upper Black Eddy, Bucks County, PA, property tax bills are calculated based on the assessed value of a home, 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. With a median home price of $331,915, homeowners in this area face property tax bills that can vary significantly, ranging from $3,544 at the 25th percentile to as high as $8,161 at the 90th percentile. The median tax bill here stands at $4,710, notably higher than the national median of $2,400. These taxes fund essential services like schools, infrastructure, and local government operations. For homeowners, this can represent a significant financial burden. Ownwell assists by offering property tax appeal and exemption services, potentially lowering tax bills. By reviewing property assessments and identifying discrepancies, Ownwell helps homeowners achieve fair tax valuations, ensuring they aren't overpaying and can save money on their annual property tax expenses.

Property Tax Bills Across Upper Black Eddy, Bucks County, Pennsylvania

Source: Ownwell

$2,440

$6,369

$10,298

Median Upper Black Eddy Tax Bill

$4,710

Median Bucks County Tax Bill

$5,548

Median Pennsylvania Tax Bill

$3,063

Median United States Tax Bill

$2,400

Property Tax Bills Across Upper Black Eddy, Bucks County, Pennsylvania

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
18972	$2,707	$3,544	$4,710	$6,191	$8,161

Source: Ownwell