West Enfield, Maine Property Taxes
The median property tax rate in West Enfield, ME is 1.64%, considerably higher than both the national median of 0.99% and the Maine state median of 1.57%. With the median home value in West Enfield at $112,300, the typical annual property tax bill reaches $1,823, which is below the national median of $2,690. Property taxes in West Enfield 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 West Enfield'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 West Enfield or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
West Enfield, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.64%
Estimate Property Tax Bill
$1,842
Ownwell’s West Enfield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in West Enfield with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in West Enfield to provide an accurate estimate of your property tax bill. This valuable tool offers a clear understanding of potential tax liabilities. For those interested in more localized trends, additional neighborhood-level information is available below. Your property’s assessed value, determined by the county, is used for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across West Enfield, Maine
Property taxes in West Enfield, Maine, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Enfield is 1.64%, significantly higher than both the Maine state median and the U.S. national median of 0.99%. Local government entities within West Enfield set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Enfield 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 West Enfield's effective property tax rate to other areas in Maine and the national median. For comparison, the 04493 zip code has the highest median property tax rate of 1.64%, while the same zip code also has the lowest median tax rate of 1.64%. Understanding how these areas compare with West Enfield provides valuable insights into the varying tax landscape across Penobscot County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average West Enfield Tax Rate
1.64%
Average Penobscot County Tax Rate
1.92%
Average Maine Tax Rate
1.57%
Average United States Tax Rate
0.99%
Property Tax Rates Across West Enfield, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04493 | 1.64% | 1.64% | 1.64% | 1.64% | 1.64% |
Source: Ownwell
Property Tax Assessment Values Across West Enfield, Maine
In West Enfield, 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 Penobscot 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 West Enfield, 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 West Enfield helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1,823, found in the 04493 zip code.
Average West Enfield Assessed Value
$112,300
Average Penobscot County Assessed Value
$141,580
Average Maine Assessed Value
$204,200
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across West Enfield, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04493 | $49,160 | $79,000 | $112,300 | $155,900 | $221,140 |
Source: Ownwell
Property Tax Bills Across West Enfield, Maine
In West Enfield, property tax bills are calculated based on the assessed value of the home and the local tax rate set by Penobscot County. The assessed value is determined by the local assessor and reflects the market value of the property. Homeowners in West Enfield can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill is around $1,297, while the 75th percentile tax bill is approximately $2,563. Those at the 90th percentile might see tax bills as high as $3,605. The median home price in West Enfield is $112,300, and the property tax rate here is notably higher than the national median property tax rate of 0.99%. This higher rate can have a substantial impact on homeowners, affecting their overall cost of living and potentially influencing decisions related to property ownership and investment. Understanding these factors is crucial for homeowners to manage their finances effectively and anticipate future tax obligations.
Average West Enfield Tax Bill
$1,823
Average Penobscot County Tax Bill
$2,548
Average Maine Tax Bill
$3,200
Average United States Tax Bill
$2,690
Property Tax Bills Across West Enfield, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04493 | $808 | $1,297 | $1,823 | $2,563 | $3,605 |
Source: Ownwell