Shapleigh, Maine Property Taxes
The median property tax rate in Shapleigh, ME is 1.06%, which is higher than the national median of 0.99% but below Maine's state median of 1.57%. With a median home value of $155,269 in Shapleigh, the typical annual property tax bill amounts to $1,646, which is lower than the national median of $2,690. Property taxes in Shapleigh are calculated based on the tax assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Shapleigh'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 Shapleigh or another part of York County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Shapleigh, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$1,646
Ownwell’s Shapleigh Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Shapleigh with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Shapleigh to estimate your property tax bill. This valuable 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 Shapleigh, Maine
Property taxes in Shapleigh, Maine, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Shapleigh is 1.06%, higher than the U.S. national median of 0.99%. Local government entities within Shapleigh set these rates annually, and they can vary significantly across different neighborhoods. Each year, Shapleigh 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 Shapleigh's effective property tax rate to other counties in Maine and the national median. For comparison, the 04076 zip code has the highest median property tax rate of 1.06%, while the same zip code also has the lowest median tax rate of 1.06%. Understanding how these cities compare with Shapleigh provides valuable insights into the varying tax landscape across York County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Shapleigh Tax Rate
1.06%
Average York County Tax Rate
1.32%
Average Maine Tax Rate
1.57%
Average United States Tax Rate
0.99%
Property Tax Rates Across Shapleigh, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04076 | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Shapleigh, Maine
In Shapleigh, 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 York 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. Assessment notices in Shapleigh 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 Shapleigh helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in Shapleigh are both $1,646, with the zip code 04076.
Average Shapleigh Assessed Value
$155,269
Average York County Assessed Value
$307,400
Average Maine Assessed Value
$204,200
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Shapleigh, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04076 | $87,269 | $113,941 | $155,269 | $184,522 | $231,834 |
Source: Ownwell
Property Tax Bills Across Shapleigh, Maine
In Shapleigh, York County, ME, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by local assessors who evaluate the property's market value. This assessed value is then multiplied by the tax rate set by local government authorities to determine the annual property tax bill. For example, with a median home price of $155,269, homeowners can expect varying tax bills depending on their property's specific assessment and applicable exemptions. Factors such as property size, location, and improvements can influence the assessed value. In Shapleigh, typical tax bills range from $1,208 at the 25th percentile to $1,956 at the 75th percentile, with the 90th percentile reaching up to $2,458. These property taxes fund essential public services like schools, roads, and emergency services, directly impacting homeowners by contributing to community development and property value stability. Comparing this to the national median property tax rate of 0.99%, Shapleigh's property taxes reflect the local economic conditions and public service needs.
Average Shapleigh Tax Bill
$1,646
Average York County Tax Bill
$3,841
Average Maine Tax Bill
$3,200
Average United States Tax Bill
$2,690
Property Tax Bills Across Shapleigh, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04076 | $926 | $1,208 | $1,646 | $1,956 | $2,458 |
Source: Ownwell