Ebeemee Twp, Maine Property Taxes
The median property tax rate in Ebeemee Twp, ME is 0.68%, considerably lower than both the national median of 0.99% and the Maine state median of 1.57%. With the median home value in Ebeemee Twp at $178,230, the typical annual property tax bill reaches $1,200, well below the national median of $2,690. Property taxes in Ebeemee Twp 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 Ebeemee Twp'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 Ebeemee Twp 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
Ebeemee Twp, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.68%
Estimate Property Tax Bill
$1,212
Ownwell’s Ebeemee Twp Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ebeemee Twp with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ebeemee Twp 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 Ebeemee Twp, Maine
Property taxes in Ebeemee Twp, Maine, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ebeemee Twp is 0.68%, which is lower than both the Maine state median and the U.S. national median of 0.99%. Local government entities within Ebeemee Twp set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ebeemee Twp 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 Ebeemee Twp's effective property tax rate to other counties in Maine and the national median. For comparison, the 04414 zip code has the highest median property tax rate of 0.68%, while the same 04414 zip code also has the lowest median tax rate of 0.68%. Understanding how these cities compare with Ebeemee Twp provides valuable insights into the varying tax landscape across Piscataquis County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ebeemee Twp Tax Rate
0.68%
Average Piscataquis County Tax Rate
2.00%
Average Maine Tax Rate
1.57%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ebeemee Twp, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04414 | 0.66% | 0.66% | 0.68% | 0.68% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Ebeemee Twp, Maine
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in EBEEMEE TWP, Maine. 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 Piscataquis 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 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 EBEEMEE TWP helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $1200 in the 04414 zip code.
Average Ebeemee Twp Assessed Value
$178,230
Average Piscataquis County Assessed Value
$100,500
Average Maine Assessed Value
$204,200
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ebeemee Twp, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04414 | $105,340 | $144,525 | $178,230 | $213,622 | $267,956 |
Source: Ownwell
Property Tax Bills Across Ebeemee Twp, Maine
In Ebeemee Township, located in Piscataquis County, ME, property tax bills are calculated based on the assessed value of the property. The local tax assessor determines this value, which is then multiplied by the township's tax rate to calculate the annual tax bill. Factors such as property size, location, and market conditions influence the assessed value. The median home price in Ebeemee Township is $178,230, leading to varying tax bills across different percentiles. For instance, homeowners at the 25th percentile pay around $956 annually, while those at the 75th percentile pay approximately $1,446. The 90th percentile sees tax bills reaching up to $1,790. These property taxes significantly impact homeowners, as they contribute to funding essential local services like schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Ebeemee Township's rates reflect the local economic conditions and property values, ensuring that tax contributions are equitable and reflective of the community's needs.
Average Ebeemee Twp Tax Bill
$1,200
Average Piscataquis County Tax Bill
$1,766
Average Maine Tax Bill
$3,200
Average United States Tax Bill
$2,690
Property Tax Bills Across Ebeemee Twp, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04414 | $701 | $956 | $1,200 | $1,446 | $1,790 |
Source: Ownwell