Hancock County, Maine Property Taxes
The median property tax rate in Hancock County is 1.23%, which is higher than the national median of 0.99% but lower than the Maine state median of 1.57%. With a median home value of $205,850 in Hancock County, the typical annual property tax bill amounts to $2,609, closely aligning with the national median of $2,690. Property taxes in Hancock County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions, including primary residence and agricultural exemptions. Understanding Hancock County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Ellsworth or another part of Hancock County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hancock County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$2,532
$2,350
Ownwell’s Hancock Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Hancock with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Hancock to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Hancock County, Maine
Property taxes in Hancock County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Hancock County is 1.23%, which is higher than both the Maine state median and the U.S. national median of 0.99%. Local government entities within Hancock County set these rates annually, and they can vary significantly between different areas within the county. Each year, Hancock County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Hancock County's effective property tax rate with other counties in Maine and the national median. For comparison, the city of Aurora has one of the higher property tax rates in Maine at 2.17%, while the city of Fletchers Landing Township boasts one of the lowest at 0.45%. Analyzing how Hancock County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Hancock County Tax Rate
1.23%
Average Maine Tax Rate
1.57%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hancock County, Maine
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Amherst | 1.41% | 1.41% | 1.41% | 1.41% | 1.41% |
| Aurora | 0.52% | 2.17% | 2.17% | 2.17% | 2.17% |
| Bar Harbor | 0.87% | 0.87% | 0.87% | 0.87% | 0.87% |
| Bass Harbor | 1.16% | 1.16% | 1.16% | 1.16% | 1.16% |
| Bernard | 1.16% | 1.16% | 1.16% | 1.16% | 1.16% |
| Birch Harbor | 1.22% | 1.22% | 1.22% | 1.23% | 1.23% |
| Blue Hill | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% |
| Brooklin | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% |
| Brooksville | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
| Bucksport | 1.69% | 1.69% | 1.69% | 1.70% | 1.70% |
| Castine | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% |
| Cherryfield | 0.45% | 0.45% | 0.45% | 0.46% | 0.50% |
| Corea | 1.22% | 1.22% | 1.23% | 1.23% | 1.23% |
| Cranberry Isles | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% |
| Dedham | 1.58% | 1.58% | 1.58% | 1.80% | 1.80% |
| Deer Isle | 0.77% | 0.77% | 0.78% | 0.78% | 0.78% |
| Eastbrook | 1.60% | 1.60% | 1.60% | 1.60% | 1.60% |
| Ellsworth | 1.57% | 1.57% | 1.57% | 1.57% | 1.57% |
| Fletchers Landing Twp | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% |
| Franklin | 1.28% | 1.28% | 1.28% | 1.28% | 1.28% |
| Frenchboro | 1.40% | 1.40% | 1.40% | 1.40% | 1.40% |
| Gouldsboro | 1.22% | 1.22% | 1.23% | 1.23% | 1.23% |
| Great Pond | 0.52% | 0.52% | 0.52% | 0.52% | 0.52% |
| Hancock | 1.05% | 1.05% | 1.05% | 1.05% | 1.05% |
| Harborside | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
| Holden | 1.58% | 1.58% | 1.58% | 1.80% | 1.80% |
| Hulls Cove | N/A | N/A | N/A | N/A | N/A |
| Islesford | N/A | N/A | N/A | N/A | N/A |
| Lamoine | 1.12% | 1.12% | 1.12% | 1.12% | 1.12% |
| Little Deer Isle | 0.77% | 0.77% | 0.77% | 0.78% | 0.78% |
| Mariaville | 1.35% | 1.35% | 1.35% | 1.35% | 1.35% |
| Mount Desert | 0.87% | 0.87% | 0.87% | 0.87% | 0.87% |
| Northeast Harbor | 0.87% | 0.87% | 0.87% | 0.87% | 0.87% |
| Orland | 0.98% | 0.98% | 0.98% | 0.98% | 0.98% |
| Osborn | 0.37% | 0.37% | 0.37% | 0.37% | 0.37% |
| Otis | 1.18% | 1.18% | 1.18% | 1.18% | 1.18% |
| Penobscot | 1.14% | 1.14% | 1.14% | 1.14% | 1.14% |
| Prospect Harbor | 1.22% | 1.22% | 1.22% | 1.23% | 1.23% |
| Sargentville | 1.34% | 1.34% | 1.34% | 1.35% | 1.35% |
| Seal Cove | 1.16% | 1.16% | 1.16% | 1.16% | 1.16% |
| Seal Harbor | N/A | N/A | N/A | N/A | N/A |
| Sedgwick | 1.34% | 1.34% | 1.35% | 1.35% | 1.35% |
| Sorrento | 1.11% | 1.11% | 1.11% | 1.11% | 1.11% |
| Southwest Harbor | 1.47% | 1.47% | 1.47% | 1.47% | 1.47% |
| Stonington | 1.56% | 1.56% | 1.56% | 1.56% | 1.56% |
| Sullivan | 1.41% | 1.41% | 1.41% | 1.41% | 1.41% |
| Surry | 0.81% | 0.81% | 0.81% | 0.81% | 0.81% |
| Swans Island | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% |
| Trenton | 1.50% | 1.50% | 1.50% | 1.50% | 1.50% |
| Verona Island | 1.36% | 1.36% | 1.37% | 1.37% | 1.37% |
| Waltham | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
| Winter Harbor | 1.09% | 1.09% | 1.09% | 1.09% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Hancock County, Maine
In Hancock County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Hancock County Appraisal District. The assessed value, however, 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 in Hancock County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Hancock County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Notably, Seal Harbor has the highest median tax bill at $6,239, while Osborn has the lowest at $317.
Average Hancock County Assessed Value
$205,850
Average Maine Assessed Value
$204,200
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hancock County, Maine
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Amherst | $36,720 | $57,900 | $89,700 | $129,100 | $171,840 |
| Aurora | $26,500 | $41,500 | $67,000 | $99,200 | $159,420 |
| Bar Harbor | $315,160 | $409,200 | $523,700 | $659,700 | $962,380 |
| Bass Harbor | $112,880 | $163,350 | $228,600 | $326,300 | $463,100 |
| Bernard | $152,450 | $188,925 | $248,450 | $340,900 | $629,650 |
| Birch Harbor | $50,560 | $84,800 | $119,700 | $172,250 | $230,940 |
| Blue Hill | $94,930 | $151,425 | $209,950 | $304,075 | $470,750 |
| Brooklin | $114,120 | $144,850 | $212,900 | $330,450 | $774,340 |
| Brooksville | $105,300 | $157,950 | $223,950 | $344,850 | $580,500 |
| Bucksport | $65,125 | $95,400 | $128,040 | $166,785 | $206,340 |
| Castine | $139,080 | $193,875 | $309,850 | $474,350 | $715,060 |
| Cherryfield | $111,513 | $129,090 | $162,930 | $213,102 | $286,430 |
| Corea | $132,850 | $161,775 | $243,350 | $363,175 | $411,350 |
| Cranberry Isles | $152,020 | $178,600 | $236,500 | $303,600 | $373,820 |
| Dedham | $82,450 | $130,825 | $192,800 | $272,375 | $363,820 |
| Deer Isle | $89,660 | $151,450 | $214,300 | $336,650 | $602,280 |
| Eastbrook | $50,100 | $78,425 | $129,250 | $187,100 | $233,310 |
| Ellsworth | $69,840 | $140,520 | $204,240 | $283,000 | $386,936 |
| Fletchers Landing Twp | $40,637 | $48,518 | $99,565 | $158,282 | $186,804 |
| Franklin | $57,914 | $101,440 | $157,700 | $224,730 | $300,326 |
| Frenchboro | $116,380 | $133,100 | $172,350 | $199,425 | $206,120 |
| Gouldsboro | $79,140 | $117,500 | $179,000 | $281,100 | $457,180 |
| Great Pond | $14,430 | $39,050 | $86,350 | $123,250 | $192,020 |
| Hancock | $26,400 | $70,500 | $142,700 | $226,900 | $327,200 |
| Harborside | $120,500 | $174,825 | $248,250 | $416,425 | $907,200 |
| Holden | $95,620 | $143,525 | $209,600 | $285,500 | $379,400 |
| Hulls Cove | N/A | N/A | N/A | N/A | N/A |
| Islesford | N/A | N/A | N/A | N/A | N/A |
| Lamoine | $110,800 | $141,850 | $193,150 | $264,025 | $415,850 |
| Little Deer Isle | $142,440 | $173,625 | $228,950 | $334,475 | $570,350 |
| Mariaville | $50,850 | $84,625 | $123,800 | $169,975 | $231,940 |
| Mount Desert | $291,080 | $389,400 | $555,400 | $977,600 | $1,944,340 |
| Northeast Harbor | $421,470 | $517,675 | $553,400 | $785,150 | $1,814,520 |
| Orland | $71,940 | $128,085 | $185,040 | $258,355 | $358,250 |
| Osborn | $30,150 | $57,925 | $85,600 | $114,100 | $141,570 |
| Otis | $79,960 | $117,500 | $158,400 | $234,900 | $350,020 |
| Penobscot | $67,940 | $109,250 | $163,900 | $230,050 | $377,420 |
| Prospect Harbor | $101,890 | $139,175 | $215,300 | $441,025 | $574,150 |
| Sargentville | $96,880 | $137,000 | $193,700 | $291,900 | $496,100 |
| Seal Cove | $134,380 | $172,500 | $230,900 | $327,000 | $447,400 |
| Seal Harbor | N/A | N/A | N/A | N/A | N/A |
| Sedgwick | $66,760 | $129,000 | $187,300 | $279,400 | $407,120 |
| Sorrento | $103,700 | $155,700 | $265,700 | $461,000 | $637,400 |
| Southwest Harbor | $124,840 | $185,550 | $233,500 | $314,675 | $417,150 |
| Stonington | $54,220 | $84,000 | $127,400 | $225,700 | $336,640 |
| Sullivan | $78,860 | $110,500 | $154,100 | $225,000 | $359,500 |
| Surry | $124,130 | $188,450 | $267,200 | $395,625 | $617,620 |
| Swans Island | $77,240 | $120,550 | $173,300 | $265,250 | $437,240 |
| Trenton | $82,260 | $126,850 | $183,750 | $248,925 | $461,690 |
| Verona Island | $103,000 | $124,680 | $185,880 | $240,990 | $300,232 |
| Waltham | $85,039 | $133,438 | $165,250 | $222,000 | $270,600 |
| Winter Harbor | $84,400 | $111,200 | $139,000 | $178,800 | $352,600 |
Source: Ownwell
Property Tax Bills Across Hancock County, Maine
In Hancock County, ME, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the county's property tax rate to arrive at the annual tax bill. Various factors influence the assessed value, including the home's market value, location, and any improvements made to the property. For homeowners in Hancock County, the tax bill can vary significantly. For instance, the tax bill at the 25th percentile is $1,636, while at the 75th percentile, it reaches $4,109. The highest median tax bill in the county is found in Seal Harbor at $6,239, whereas Osborn has the lowest median tax bill at $317. These property taxes play a crucial role in funding local services such as schools, public safety, and infrastructure. Homeowners should be aware of these factors as they directly impact their annual expenses and the overall affordability of their property.
Average Hancock County Tax Bill
$2,609
Average Maine Tax Bill
$3,200
Average United States Tax Bill
$2,690
Property Tax Bills Across Hancock County, Maine
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Amherst | $550 | $820 | $1,265 | $1,820 | $2,423 |
| Aurora | $426 | $779 | $1,173 | $1,785 | $2,667 |
| Bar Harbor | $2,744 | $3,554 | $4,546 | $5,726 | $8,353 |
| Bass Harbor | $1,314 | $1,902 | $2,661 | $3,798 | $5,390 |
| Bernard | $1,774 | $2,199 | $2,904 | $4,112 | $7,767 |
| Birch Harbor | $619 | $1,039 | $1,466 | $2,110 | $2,829 |
| Blue Hill | $1,196 | $1,908 | $2,646 | $3,831 | $5,931 |
| Brooklin | $845 | $1,072 | $1,575 | $2,446 | $5,730 |
| Brooksville | $718 | $1,077 | $1,527 | $2,352 | $3,959 |
| Bucksport | $1,103 | $1,593 | $2,152 | $2,786 | $3,459 |
| Castine | $1,808 | $2,520 | $4,028 | $6,167 | $9,296 |
| Cherryfield | $502 | $605 | $798 | $1,013 | $1,289 |
| Corea | $1,628 | $1,982 | $2,981 | $4,449 | $5,039 |
| Cranberry Isles | $1,669 | $1,961 | $2,597 | $3,334 | $4,105 |
| Dedham | $1,346 | $2,130 | $3,180 | $4,626 | $6,181 |
| Deer Isle | $695 | $1,174 | $1,661 | $2,609 | $4,668 |
| Eastbrook | $802 | $1,255 | $2,068 | $2,994 | $3,733 |
| Ellsworth | $1,031 | $2,188 | $3,178 | $4,410 | $6,009 |
| Fletchers Landing Twp | $184 | $218 | $450 | $712 | $903 |
| Franklin | $717 | $1,265 | $1,990 | $2,856 | $3,815 |
| Frenchboro | $1,629 | $1,863 | $2,413 | $2,792 | $2,886 |
| Gouldsboro | $959 | $1,439 | $2,184 | $3,443 | $5,600 |
| Great Pond | $75 | $203 | $449 | $641 | $998 |
| Hancock | $290 | $752 | $1,520 | $2,391 | $3,461 |
| Harborside | $822 | $1,192 | $1,693 | $2,840 | $6,188 |
| Holden | $1,681 | $2,353 | $3,356 | $4,690 | $6,120 |
| Hulls Cove | N/A | N/A | N/A | N/A | N/A |
| Islesford | N/A | N/A | N/A | N/A | N/A |
| Lamoine | $1,239 | $1,595 | $2,173 | $3,010 | $4,658 |
| Little Deer Isle | $1,104 | $1,346 | $1,774 | $2,592 | $4,420 |
| Mariaville | $681 | $1,142 | $1,672 | $2,291 | $3,131 |
| Mount Desert | $2,538 | $3,396 | $4,843 | $8,525 | $16,954 |
| Northeast Harbor | $3,675 | $4,514 | $4,826 | $6,846 | $15,823 |
| Orland | $704 | $1,252 | $1,810 | $2,526 | $3,504 |
| Osborn | $112 | $214 | $317 | $422 | $524 |
| Otis | $965 | $1,387 | $1,869 | $2,772 | $4,131 |
| Penobscot | $774 | $1,246 | $1,868 | $2,622 | $4,303 |
| Prospect Harbor | $1,248 | $1,705 | $2,638 | $5,403 | $7,033 |
| Sargentville | $1,303 | $1,843 | $2,605 | $3,926 | $6,672 |
| Seal Cove | $1,565 | $2,008 | $2,688 | $3,806 | $5,208 |
| Seal Harbor | N/A | N/A | N/A | N/A | N/A |
| Sedgwick | $898 | $1,735 | $2,519 | $3,758 | $5,476 |
| Sorrento | $1,151 | $1,728 | $2,949 | $5,118 | $7,075 |
| Southwest Harbor | $1,808 | $2,728 | $3,432 | $4,626 | $6,094 |
| Stonington | $844 | $1,307 | $1,982 | $3,512 | $5,238 |
| Sullivan | $1,112 | $1,558 | $2,173 | $3,172 | $5,069 |
| Surry | $1,010 | $1,538 | $2,175 | $3,220 | $5,027 |
| Swans Island | $981 | $1,531 | $2,201 | $3,368 | $5,553 |
| Trenton | $1,207 | $1,908 | $2,764 | $3,744 | $6,944 |
| Verona Island | $1,462 | $1,702 | $2,537 | $3,290 | $4,129 |
| Waltham | $876 | $1,374 | $1,728 | $2,337 | $2,788 |
| Winter Harbor | $920 | $1,212 | $1,515 | $1,949 | $3,843 |
Source: Ownwell
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