Poland, Maine Property Taxes
The median property tax rate in Poland, ME is 1.51%, which is significantly higher than the national median of 0.99% but slightly lower than the Maine state median of 1.57%. With a median home value of $154,900 in Poland, the typical annual property tax bill amounts to $2,353, falling short of the national median of $2,690. Property taxes in Poland are calculated based on the tax assessed value, which often comes in below the market value due to various exemptions such as primary residence and agricultural exemptions. Familiarizing yourself with Poland's property tax system and exploring available exemptions can lead to substantial annual savings. Whether you're in the heart of Poland or another part of Androscoggin County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Poland, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.51%
Estimate Property Tax Bill
$2,339
Ownwell’s Poland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Poland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Poland 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 Poland, Maine
Property taxes in Poland, Maine, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Poland is 1.51%, notably higher than both the Maine state median and the U.S. national median of 0.99%. Local government entities within Poland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Poland 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 Poland's effective property tax rate to other counties in Maine and the national median. For comparison, the 04274 zip code has the same median property tax rate of 1.51%. Understanding how these areas compare with Poland provides valuable insights into the varying tax landscape across Androscoggin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Poland Tax Rate
1.51%
Average Androscoggin County Tax Rate
2.28%
Average Maine Tax Rate
1.57%
Average United States Tax Rate
0.99%
Property Tax Rates Across Poland, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04274 | 1.51% | 1.51% | 1.51% | 1.51% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Poland, Maine
In Poland, 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 Androscoggin 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 Poland, 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. For instance, the median home price in Poland is $154,900, with tax bills ranging from $1,374 at the 25th percentile to $5,333 at the 90th percentile. The zip code 04274 has the highest and lowest median tax bill of $2,353. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Poland Assessed Value
$154,900
Average Androscoggin County Assessed Value
$134,490
Average Maine Assessed Value
$204,200
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Poland, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04274 | $23,800 | $86,525 | $154,900 | $237,275 | $351,400 |
Source: Ownwell
Property Tax Bills Across Poland, Maine
In Poland, Androscoggin County, ME, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is based on the market value of the property, which reflects its estimated selling price. For instance, with a median home price of $154,900, homeowners can expect their property tax bills to vary significantly. The tax bill for the 25th percentile is around $1,374, while those in the 75th percentile face bills of approximately $3,609. At the higher end, the 90th percentile sees tax bills reaching up to $5,333. These figures illustrate the variability in property tax obligations, which can impact homeowners' financial planning and overall housing affordability. Compared to the national median property tax rate of 0.99%, Poland’s rates may seem steep, but they reflect the local government's funding requirements for public services. Understanding these factors helps homeowners anticipate their tax responsibilities and manage their budgets accordingly.
Average Poland Tax Bill
$2,353
Average Androscoggin County Tax Bill
$3,060
Average Maine Tax Bill
$3,200
Average United States Tax Bill
$2,690
Property Tax Bills Across Poland, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04274 | $414 | $1,374 | $2,353 | $3,609 | $5,333 |
Source: Ownwell