Saturday, March 3, 2012

Bucks County Property Taxes

How do Bucks County Property Taxes differ from one community to another?

The school property tax rate varies by school district and township. Here's the county's web reference to the various milleage rates for each community. The milleage is applied to the assessed value to determine taxes.
http://www.buckscounty.org/government/departments/finance/BoardofAssessment/MillageRates.aspx

Be aware that the assessed value of two properties that are both appraised at the same market value can have notably different assessed values. A general county wide assessment has not been performed since the 70's; so, property assessments don't necessarily reflect market values.

Communities with few commercial or industrial properties will have higher tax rates than those with such sites.

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