Bucks County is one of the eight counties in the Philadelphia Metropolitan Statistical Area. Adjoining Bucks County on the north is Lehigh and Northampton Counties of the Lehigh Valley. The county’s eastern border is defined by the Delaware River, Trenton and the New Jersey counties of Burlington, Mercer and Hunterdon. The county is bordered on the west by Montgomery County. The county’s southwest border is the Poquessing Creek and the City of Philadelphia.
Bucks County was one of the original counties that was founded by William Penn and named for his home of Buckinghamshire in England. Bucks County’s location between Trenton and Philadelphia has played a historical role in the formation of the United States. It is in Upper Makefield Township in the area now named Washington’s Crossing that George Washington led his Continental Army across the Delaware River to successfully attack the British occupiers of Trenton. Since WW II Bucks County was known for the Levittown development which was one of the largest planned developments in the nation. Bucks County is one of the larger counties in the region. As such, the characteristics of the county vary from a heavy industrial suburban environment in Lower Bucks, to a mixture of suburban and country living in central Bucks, to a primarily rural environment in Upper Bucks County. Many dual income households are discovering Bucks County for its quality of life, its diversity of housing opportunities and for its excellent location for transit into Philadelphia, Princeton, and New York City. Additionally, many New Yorkers maintain weekend homes along the Delaware River in Upper Bucks County.
As of the 2010 Census, the Bucks County population was the second largest of the suburban Pennsylvania counties in the Philadelphia region. Since 2000, Bucks County experienced the third fastest rate of population growth of the Pennsylvania communities within the metropolitan area, being surpassed by Chester and Montgomery Counties. Following is a chart of population growth in the five-county Philadelphia area.
In summary, Bucks County is well situated being easily accessible from both interstate and state highway networks. The long-term shift to a service-based economy kept the local area’s non-manufacturing sector growing, particularly in the health, education and business services categories. Trade, Transportation and Utilities, the county’s largest employer, should grow modestly as the county’s population expands. Good future growth prospects are expected to continue over the long term, although short term forecasts are for static growth with stabilizing real estate values caused by the economic downturn, both nationally and regionally, which began with the housing market and spread to the financial crisis in the banking industry and national recession Presently, practically all segments of the real estate market have undergone a recovery to levels seen prior to the start of the recession.
Rose Valley Appraisal Associates, LLC is proud to have provided commercial real estate appraisal services to residents of Bucks County, PA including providing valuations for office buildings in Chalfont, Jamison and Southampton and medical office buildings in Southampton to mention but a few.