Bradley, Penobscot County, Maine Property Taxes

Name: Property Tax Bills Across Bradley, Penobscot County, Maine
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median BRADLEY, ME effective property tax rate: 1.55%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median BRADLEY, ME home value: $120,000
Median annual BRADLEY, ME tax bill: $1860, $540 lower than the national median property tax bill of $2,400.

How are property taxes in Penobscot calculated?

Property taxes in BRADLEY, 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 BRADLEY’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in BRADLEY, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Bradley, Penobscot County, Maine Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.55%

Estimate Property Tax Bill

$1,860

$1,726

Ownwell’s Bradley Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bradley with just two data points. By entering your property's estimated assessed value, our calculator applies Bradley’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Penobscot County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Bradley, Penobscot County, Maine

As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because 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 Bradley’s effective property tax rate to other cities in Maine and the median property tax rates in Maine and the U.S.

Property Tax Rates Across Bradley, Penobscot County, Maine

Source: Ownwell

0.83%

2.07%

3.32%

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 Bradley Taxx Rate

1.55%

Median Effective Penobscot County Taxx Rate

1.92%

Median Effective Maine Tax Rate

1.57%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Bradley, Penobscot County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
04411	1.55%	1.55%	1.55%	1.55%	1.55%

Source: Ownwell

Property Tax Assessment Values Across Bradley, Penobscot County, Maine

When examining property taxes in Bradley, Maine, 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 Penobscot 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 Penobscot County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Bradley. For example, the median home price in Bradley is $120,000, with tax bills ranging significantly across the county. Zip code 04411 has the highest median home price at $120,000.

Property Tax Assessment Values Across Bradley, Penobscot County, Maine

Source: Ownwell

$49,573

$134,232

$218,890

Median Bradley Market Value

$120,000

Median Penobscot County Market Value

$141,580

Median Maine Market Value

$204,200

Median United States Market Value

$244,900

Property Tax Assessment Values Across Bradley, Penobscot County, Maine

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
04411	$33,200	$74,950	$120,000	$178,000	$238,800

Source: Ownwell

Property Tax Bills Across Bradley, Penobscot County, Maine

In Bradley, located in Penobscot County, ME, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $120,000, homeowners in Bradley face a property tax bill that can vary significantly. For instance, the tax bill at the 25th percentile is $1,162, while at the 75th percentile, it rises to $2,759, and at the 90th percentile, it reaches $3,701. This variance highlights the impact of assessed value fluctuations and local tax rates on homeowners' finances. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Bradley's tax bills can be relatively high, especially for those at the upper percentiles. Ownwell assists homeowners by providing expert property tax appeal services, potentially lowering their tax liabilities. By analyzing assessment accuracy and identifying opportunities for exemptions, Ownwell helps homeowners in Bradley reduce their property tax bills, ensuring they pay only their fair share.

Property Tax Bills Across Bradley, Penobscot County, Maine

Source: Ownwell

$575

$2,490

$4,405

Median Bradley Tax Bill

$1,860

Median Penobscot County Tax Bill

$2,548

Median Maine Tax Bill

$3,200

Median United States Tax Bill

$2,690

Property Tax Bills Across Bradley, Penobscot County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
04411	$515	$1,162	$1,860	$2,759	$3,701

Source: Ownwell