How much is a home worth in ZIP code 18940?

The typical home in 18940 is worth $742,066, based on the Zillow Home Value Index.

Are home values rising in 18940?

Home values in 18940 are up 4.9% over the past year, and up 6.4% a year over five years.

What is the typical rent in 18940?

A typical home in 18940 rents for about $2,775 a month, a gross rental yield of 4.5%.

What is the property tax rate in 18940?

The effective property tax rate in 18940 is 1.1% — roughly $8,104 a year on a typical home.

ZIP code 18940 has a population of 29,626 and a median household income of $157,414.

HousingHandbookReference data

…

U.S. ZIP Code · PA18940

Bucks County · Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Typical home value

$742,066^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.9%
5-year / yr: +6.4%
10-year / yr: +5.4%

Relative price

vs U.S.: +161.2%
vs metro: +85.4%
vs state: +217.8%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 18940 is worth $742,066 — 85.4% above the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD median. Over the past year, values have risen 4.9%. Homes here rent for a typical $2,775 a month — a 4.5% gross rental yield. The effective property tax rate is 1.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,775^[2]
Gross yield: 4.5%^[2]
Cap rate: 2.7%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.1%^[3]
Typical annual tax: $8,104^[3]

#Climate risk

FEMA National Risk Index ratings for Bucks County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Relatively Moderate
Wildfire: Very Low
Drought: Relatively Moderate
Heat wave: Relatively Moderate
Hurricane: Relatively Moderate
Tornado: Relatively High
Earthquake: Relatively Moderate
Winter weather: Very High

#Who lives here

Population: 29,626^[3]
Median household income: $157,414^[3]

#Migration

Household moves in and out of Bucks County over a year, from IRS tax-return data.

Net migration: -1,375^[5]
Moved in: 13,613
Moved out: 14,988

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 6
Elementary: 4
Middle: 1
High: 1

Council Rock HS North
High · Grades 9–12 · Council Rock SD
1,623 students
Newtown MS
Middle · Grades 7–8 · Council Rock SD
877 students
Goodnoe El Sch
Elementary · Grades K–6 · Council Rock SD
687 students
Sol Feinstone El Sch
Elementary · Grades K–6 · Council Rock SD
634 students
Newtown El Sch
Elementary · Grades K–6 · Council Rock SD
578 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.5%

Net yield (after ~40% expenses)2.7%

Annual rent$33,305

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$3,752

Loan principal$593,653

Down payment$148,413

Total interest paid$757,171

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.82

Monthly cost to own$5,045

Monthly rent$2,775

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 63rd percentile^[1]
Rental yield: 22nd percentile^[2]
Property tax: 33rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 18940?: The typical home in 18940 is worth $742,066, based on the Zillow Home Value Index.
Are home values rising in 18940?: Home values in 18940 are up 4.9% over the past year, and up 6.4% a year over five years.
What is the typical rent in 18940?: A typical home in 18940 rents for about $2,775 a month, a gross rental yield of 4.5%.
What is the property tax rate in 18940?: The effective property tax rate in 18940 is 1.1% — roughly $8,104 a year on a typical home.
Who lives in 18940?: ZIP code 18940 has a population of 29,626 and a median household income of $157,414.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

08057 vs 18940 →
Moorestown-Lenola CDP, NJ
Typical home
$746,897
Gross yield
—
19034 vs 18940 →
Fort Washington CDP, PA
Typical home
$751,446
Gross yield
3.9%
19317
Chadds Ford CDP, PA
Typical home
$728,338
Gross yield
3.9%
19073
PA
Typical home
$760,591
Gross yield
4.7%
19732
DE
Typical home
$721,222
Gross yield
—
18929
PA
Typical home
$720,301
Gross yield
—

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Pit ZIP 18940 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · PA18940

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