Sangerville, Maine Property Taxes
The median property tax rate in Sangerville, ME is 1.84%, considerably higher than both the national median of 0.99% and the Maine state median of 1.57%. With the median home value in Sangerville, the typical annual property tax bill reaches $1,311, exceeding the national median of $2,690. Property taxes in Sangerville 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 Sangerville'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 Sangerville or another part of Piscataquis County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sangerville, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.84%
Estimate Property Tax Bill
$1,307
Ownwell’s Sangerville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sangerville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sangerville 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 Sangerville, Maine
Property taxes in Sangerville, Maine, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sangerville is 1.84%, significantly higher than both the Maine state median and the U.S. national median of 0.99%. Local government entities within Sangerville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sangerville 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 Sangerville's effective property tax rate to other counties in Maine and the national median. For comparison, the 04479 zip code has the highest median property tax rate of 1.84%, while the same zip code also has the lowest median tax rate of 1.84%. Understanding how these cities compare with Sangerville 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 Sangerville Tax Rate
1.84%
Average Piscataquis County Tax Rate
2.00%
Average Maine Tax Rate
1.57%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sangerville, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04479 | 1.84% | 1.84% | 1.84% | 1.85% | 1.85% |
Source: Ownwell
Property Tax Assessment Values Across Sangerville, Maine
In Sangerville, 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 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. In Sangerville, 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 Sangerville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 04479 in Sangerville has the highest and lowest median tax bill at $1311.
Average Sangerville Assessed Value
$71,030
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 Sangerville, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04479 | $55,664 | $66,890 | $71,030 | $110,430 | $158,338 |
Source: Ownwell
Property Tax Bills Across Sangerville, Maine
In Sangerville, located in Piscataquis County, ME, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For instance, with a median home price of $71,030, property taxes can vary significantly. Homeowners in the 25th percentile can expect a tax bill around $1,234, while those in the 75th percentile may see bills closer to $2,037. At the 90th percentile, tax bills can reach up to $2,921. Factors influencing these tax bills include property size, location, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Sangerville's rates can be particularly impactful for homeowners. High property taxes may affect affordability and long-term financial planning, making it essential for residents to stay informed about their property assessments and potential appeals.
Average Sangerville Tax Bill
$1,311
Average Piscataquis County Tax Bill
$1,766
Average Maine Tax Bill
$3,200
Average United States Tax Bill
$2,690
Property Tax Bills Across Sangerville, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04479 | $1,027 | $1,234 | $1,311 | $2,037 | $2,921 |
Source: Ownwell