19020 Property Tax Rate

Property owners in ZIP code 19020 (Bensalem, Pennsylvania) pay a median of $4,774/year in property taxes on homes valued at $344,400. This translates to an effective tax rate of 1.39%, which is 3% above the Pennsylvania state average of 1.34%.

The monthly property tax burden for a median-valued home in 19020 is approximately $398, which factors into escrow payments on mortgages. This ZIP code is located within Bucks County. This is $1,970 more than the Pennsylvania average of $2,804/year.

Compared to similar ZIP codes in Pennsylvania, 19020 has higher property taxes. ZIP codes with similar effective rates include 17516 (1.39%) and 15430 (1.39%).

In Bensalem, property taxes represent approximately 6.0% of the median household income of $80,158, providing context for the relative tax burden on homeowners in this area.

Pennsylvania does not reassess property at sale; your assessed value remains stable unless the property is physically improved or the county conducts a countywide reassessment. Bucks County offers a Property Tax/Rent Rebate Program for seniors (62+), widows, and disabled persons earning ≤$35,000 annually — apply by June 30 each year through the Pennsylvania Department of Revenue. File your Homestead Exclusion application with your school district within 60 days of closing; exclusion amounts vary by district and reduce your school tax bill.