Bowdoinham, Sagadahoc County, Maine Property Taxes

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

Median Bowdoinham, ME effective property tax rate: 1.81%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Bowdoinham, ME home value: $195,300
Median annual Bowdoinham, ME tax bill: $3,533, $1,133 higher than the national median property tax bill of $2,400.

How are property taxes in Sagadahoc County calculated?

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

Last Updated March 1, 2025

Bowdoinham, Sagadahoc County, Maine Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.81%

Estimate Property Tax Bill

$3,535

$3,280

Ownwell’s Bowdoinham Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bowdoinham with just two data points. By entering your property's estimated assessed value, our calculator applies Bowdoinham’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 Sagadahoc County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Bowdoinham, Sagadahoc 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 Bowdoinham’s effective property tax rate to other cities in Maine and the median property tax rates in Maine and the U.S.

In Bowdoinham, located in Sagadahoc County, the property tax rate stands out when compared to the national median. The median property tax rate in Maine is significantly higher than the national median of 1.02%. This difference underscores the importance of understanding local tax rates and their impact on property owners. For homeowners in Bowdoinham, this means a careful assessment of property taxes is crucial to managing expenses effectively. By staying informed about tax rates and potential exemptions, property owners can make more informed decisions and potentially reduce their tax burden.

Property Tax Rates Across Bowdoinham, Sagadahoc County, Maine

Source: Ownwell

0.88%

1.42%

1.95%

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 Bowdoinham Tax Rate

1.81%

Median Effective Sagadahoc County Tax Rate

1.54%

Median Effective Maine Tax Rate

1.57%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bowdoinham, Sagadahoc County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
04008	1.81%	1.81%	1.81%	1.81%	1.81%

Source: Ownwell

Property Tax Assessment Values Across Bowdoinham, Sagadahoc County, Maine

When examining property taxes in Bowdoinham, 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 Sagadahoc 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 Sagadahoc 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 Bowdoinham. For example, the median home price in Bowdoinham is $195,300, with tax bills ranging significantly across the county. Zip code 04008 has the highest median home price at $195,300.

Property Tax Assessment Values Across Bowdoinham, Sagadahoc County, Maine

Source: Ownwell

$138,800

$236,175

$333,550

Median Bowdoinham Market Value

$195,300

Median Sagadahoc County Market Value

$236,900

Median Maine Market Value

$204,200

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bowdoinham, Sagadahoc County, Maine

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
04008	$98,110	$141,400	$195,300	$257,075	$339,140

Source: Ownwell

Property Tax Bills Across Bowdoinham, Sagadahoc County, Maine

In Bowdoinham, located in Sagadahoc County, ME, property tax bills are determined by the assessed value of a home, which is then multiplied by the local tax rate. The median home price in Bowdoinham is $195,300, leading to a range of property tax bills. For instance, the 25th percentile tax bill is $2,558, while the 75th percentile reaches $4,650, and the 90th percentile can be as high as $6,135. These figures highlight how property taxes can significantly impact homeowners, especially when compared to the national median property tax bill of $2,400. With the highest and lowest median tax bills both at $3,533 in the 04008 zip code, Bowdoinham's property tax landscape presents an opportunity for savings. Ownwell can assist homeowners by reviewing their property assessments and identifying potential areas for appeals or exemptions. This can lead to substantial savings, alleviating the financial burden of property taxes and ensuring homeowners pay only their fair share.

Property Tax Bills Across Bowdoinham, Sagadahoc County, Maine

Source: Ownwell

$2,463

$3,502

$4,541

Median Bowdoinham Tax Bill

$3,533

Median Sagadahoc County Tax Bill

$3,525

Median Maine Tax Bill

$3,200

Median United States Tax Bill

$2,400

Property Tax Bills Across Bowdoinham, Sagadahoc County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
04008	$1,775	$2,558	$3,533	$4,650	$6,135

Source: Ownwell