Deblois, Maine Property Taxes
The median property tax rate in Deblois, ME is 1.40%, considerably higher than both the national median of 0.99% and the Maine state median of 1.57%. With the median home value in Deblois at $82,500, the typical annual property tax bill reaches $1,155, falling below the national median of $2,690. Property taxes in Deblois are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Deblois's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Deblois or another part of Washington County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Deblois, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.4%
Estimate Property Tax Bill
$1,155
Ownwell’s Deblois Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Deblois with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Deblois to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Deblois, Maine
Property taxes in Deblois, Maine, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Deblois is 1.40%, significantly higher than the U.S. national median of 0.99%. Local government entities within Deblois set these rates annually, and they can vary significantly across different neighborhoods. Each year, Deblois estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Deblois's effective property tax rate to other counties in Maine and the national median. For comparison, the 04622 zip code has the highest median property tax rate of 1.40%, while the same zip code also has the lowest median tax rate of 1.40%. Understanding how these cities compare with Deblois provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Deblois Tax Rate
1.40%
Average Washington County Tax Rate
1.70%
Average Maine Tax Rate
1.57%
Average United States Tax Rate
0.99%
Property Tax Rates Across Deblois, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04622 | 1.40% | 1.40% | 1.40% | 1.40% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Deblois, Maine
In Deblois, Maine, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Washington County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Deblois, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Deblois helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Deblois are both $1,155, found in zip code 04622. The median home price is $82,500, with tax bills ranging from $682 at the 25th percentile to $1,761 at the 90th percentile.
Average Deblois Assessed Value
$82,500
Average Washington County Assessed Value
$97,800
Average Maine Assessed Value
$204,200
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Deblois, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04622 | $30,500 | $48,700 | $82,500 | $97,600 | $125,780 |
Source: Ownwell
Property Tax Bills Across Deblois, Maine
In Deblois, located in Washington County, ME, property tax bills are calculated based on the assessed value of a home. The median home price in this area is $82,500. Homeowners' tax bills are determined by multiplying the assessed value by the local tax rate. For example, the tax bill at the 25th percentile is $682, while at the 75th percentile, it rises to $1366. At the 90th percentile, homeowners can expect a tax bill of around $1761. These figures show how property taxes can vary significantly within the same area. Several factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. Higher assessed values or increased local tax rates can lead to higher tax bills. This system ensures that property taxes are proportionate to the value of the property, impacting homeowners by requiring them to budget for these annual expenses. The highest and lowest median tax bills in the area are both $1155, highlighting the consistency in tax rates within the specific zip code 04622.
Average Deblois Tax Bill
$1,155
Average Washington County Tax Bill
$1,700
Average Maine Tax Bill
$3,200
Average United States Tax Bill
$2,690
Property Tax Bills Across Deblois, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04622 | $427 | $682 | $1,155 | $1,366 | $1,761 |
Source: Ownwell