Saint Agatha, Maine Property Taxes
The median property tax rate in Saint Agatha, ME is 2.05%, considerably higher than both the national median of 0.99% and the Maine state median of 1.57%. With the median home value in Saint Agatha at $79,300, the typical annual property tax bill reaches $1,626, exceeding the national median of $2,690. Property taxes in Saint Agatha 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 Saint Agatha'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 Saint Agatha 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
Saint Agatha, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.05%
Estimate Property Tax Bill
$1,626
Ownwell’s Saint Agatha Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Agatha with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Agatha 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 Saint Agatha, Maine
Property taxes in Saint Agatha, Maine, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Agatha is 2.05%, significantly higher than both the Maine state median and the U.S. national median of 0.99%. Local government entities within Saint Agatha set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Agatha 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 Saint Agatha's effective property tax rate to other counties in Maine and the national median. For comparison, the 04772 zip code has the highest median property tax rate of 2.05%, while the same zip code also has the lowest median tax rate of 2.05%. Understanding how these cities compare with Saint Agatha provides valuable insights into the varying tax landscape across Aroostook County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Agatha Tax Rate
2.05%
Average Aroostook County Tax Rate
2.26%
Average Maine Tax Rate
1.57%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Agatha, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04772 | 2.05% | 2.05% | 2.05% | 2.05% | 2.05% |
Source: Ownwell
Property Tax Assessment Values Across Saint Agatha, Maine
In Saint Agatha, 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 local 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 Saint Agatha, 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 Saint Agatha 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 $1626, found in zip code 04772.
Average Saint Agatha Assessed Value
$79,300
Average Aroostook County Assessed Value
$86,999
Average Maine Assessed Value
$204,200
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Agatha, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04772 | $47,800 | $64,100 | $79,300 | $104,800 | $131,200 |
Source: Ownwell
Property Tax Bills Across Saint Agatha, Maine
In Saint Agatha, Aroostook County, ME, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in the area is $79,300. The tax bill is determined by multiplying the assessed property value by the local tax rate, which varies within the region. Factors such as property size, location, and improvements play a crucial role in determining the assessed value. For instance, homes at the 25th percentile have tax bills around $1,314, while those at the 75th percentile face bills closer to $2,148. At the 90th percentile, tax bills can reach up to $2,690. These property taxes fund essential local services, including schools, public safety, and infrastructure. For homeowners, understanding how their tax bill is calculated and what factors influence it can help them plan better financially. Compared to the national median property tax rate of 0.99%, Saint Agatha's rates reflect the community's specific needs and property values.
Average Saint Agatha Tax Bill
$1,626
Average Aroostook County Tax Bill
$1,771
Average Maine Tax Bill
$3,200
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Agatha, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04772 | $980 | $1,314 | $1,626 | $2,148 | $2,690 |
Source: Ownwell