Livermore Falls, Androscoggin County, Maine Property Taxes
Median Livermore Falls, ME effective property tax rate: 2.43%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Livermore Falls, ME home value: $71,100
Median annual Livermore Falls, ME tax bill: $1,724, $676 lower than the national median property tax bill of $2,400.
How are property taxes in Androscoggin calculated?
Property taxes in Livermore Falls, ME are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Livermore Falls’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Livermore Falls, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Livermore Falls, Androscoggin County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.43%
Estimate Property Tax Bill
$1,728
$1,603
Property Tax Rates Across Livermore Falls, Androscoggin County, Maine
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Livermore Falls’ effective property tax rate to other cities in Maine and the median property tax rates in Maine and the U.S.
Livermore Falls, located in Androscoggin County, has a property tax rate that stands out when compared to the national median. With a rate significantly higher than the national median of 1.02%, residents here contribute more than the average American homeowner. This can be attributed to the local government's budgeting needs and the total value of taxable properties in the area. Understanding these rates is crucial for homeowners seeking to manage their tax liabilities effectively. Comparing Livermore Falls' rate to other cities in Maine can provide insights into regional tax trends and potential savings through property tax appeals or exemptions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Livermore Falls Tax Rate
2.43%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Androscoggin County Tax Rate
2.28%
Median Effective Maine Tax Rate
1.57%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Livermore Falls, Androscoggin County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04254 | 2.42% | 2.42% | 2.43% | 2.43% | 2.43% |
Source: Ownwell
Property Tax Assessment Values Across Livermore Falls, Androscoggin County, Maine
When examining property taxes in Livermore Falls, ME, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Androscoggin County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Androscoggin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Livermore Falls. For example, the median home price in Livermore Falls is $71,100, with tax bills ranging significantly across the county. ZIP code 04254 has the highest median home price at $71,100.
Property Tax Assessment Values Across Livermore Falls, Androscoggin County, Maine
Source: Ownwell
$60,705
$128,053
$195,400
Median Livermore Falls Market Value
$71,100
Median Androscoggin County Market Value
$134,490
Median Maine Market Value
$204,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Livermore Falls, Androscoggin County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04254 | $14,430 | $34,800 | $71,100 | $104,200 | $138,980 |
Source: Ownwell
Property Tax Bills Across Livermore Falls, Androscoggin County, Maine
In Livermore Falls, ME, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The town's tax rate is applied to this assessed value to calculate the annual property tax bill. Factors such as the property's location, size, and improvements can influence the assessed value. In Livermore Falls, the median property tax bill is $1,724, which is lower than the national median of $2,400. However, homeowners in the 75th and 90th percentiles face tax bills of $2,532 and $3,373, respectively, indicating a significant range in tax liabilities.
Homeowners can benefit from Ownwell's expertise in property tax appeals and exemptions. By reviewing property assessments and identifying potential discrepancies or overvaluations, Ownwell helps ensure that homeowners are not overpaying their taxes. This service can lead to substantial savings, particularly for those with higher tax bills. Engaging with Ownwell allows homeowners to navigate the complexities of property taxation with confidence, potentially reducing their financial burden.
Property Tax Bills Across Livermore Falls, Androscoggin County, Maine
Source: Ownwell
$1,059
$2,552
$4,045
Median Livermore Falls Tax Bill
$1,724
Median Androscoggin County Tax Bill
$3,060
Median Maine Tax Bill
$3,200
Median United States Tax Bill
$2,400
Property Tax Bills Across Livermore Falls, Androscoggin County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04254 | $361 | $850 | $1,724 | $2,532 | $3,373 |
Source: Ownwell