Somerset County Property Taxes
The median property tax rate in Somerset County is 1.77%, which is significantly higher than both the national median of 0.99% and the Maine state median of 1.57%. With the median home value in Somerset County at $105,900, the typical annual property tax bill reaches $1,837, which is below the national median of $2,690. Property taxes in Somerset County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Somerset 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 Skowhegan or another part of Somerset County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Somerset County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.77%
Estimate Property Tax Bill
$1,874
Ownwell’s Somerset Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Somerset with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Somerset 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 Somerset County, Maine
Property taxes in Somerset County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Somerset County is 1.77%, which is higher than both the Maine state median and the U.S. national median of 0.99%. Local government entities within Somerset County set these rates annually, and they can vary significantly between different areas within the county. Each year, Somerset 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. For comparison, the city of Pittsfield has one of the higher property tax rates in Maine at 2.44%, while the city of Highland Plt boasts one of the lowest at 0.47%. Analyzing how Somerset County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Somerset County Tax Rate
1.77%
Average Maine Tax Rate
1.57%
Average United States Tax Rate
0.99%
Property Tax Rates Across Somerset County, Maine
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Anson | 1.80% | 1.80% | 1.80% | 1.80% | 1.80% |
Athens | 2.12% | 2.12% | 2.13% | 2.13% | 2.13% |
Bingham | 1.23% | 1.74% | 1.74% | 1.74% | 1.74% |
Brighton Plt | 1.75% | 1.75% | 1.75% | 1.75% | 1.75% |
Cambridge | 1.94% | 1.94% | 1.94% | 1.95% | 1.95% |
Canaan | 1.65% | 1.65% | 1.65% | 1.65% | 1.65% |
Caratunk | 0.96% | 0.96% | 0.96% | 0.96% | 0.96% |
Concord Twp | 0.76% | 0.76% | 0.76% | 0.76% | 0.76% |
Cornville | 1.45% | 1.45% | 1.45% | 1.45% | 1.45% |
Dead River Twp | 0.76% | 0.76% | 0.76% | 0.76% | 0.76% |
Dennistown | 1.00% | 1.00% | 1.00% | 1.00% | 1.00% |
Detroit | 1.77% | 1.77% | 1.77% | 1.78% | 1.78% |
Embden | 1.17% | 1.17% | 1.17% | 1.17% | 1.17% |
Fairfield | 2.10% | 2.10% | 2.10% | 2.10% | 2.10% |
Harmony | 1.85% | 1.85% | 1.85% | 1.85% | 2.12% |
Hartland | 2.08% | 2.08% | 2.08% | 2.08% | 2.08% |
Highland Plt | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
Hinckley | 2.10% | 2.10% | 2.10% | 2.10% | 2.10% |
Jackman | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% |
Lexington Twp | 0.76% | 0.76% | 0.76% | 0.76% | 0.76% |
Long Pond Twp | 0.76% | 0.76% | 0.76% | 0.76% | 0.76% |
Madison | 1.86% | 1.86% | 1.86% | 1.86% | 1.86% |
Mercer | 1.76% | 1.76% | 1.76% | 1.76% | 1.76% |
Moose River | 1.38% | 1.38% | 1.38% | 1.38% | 1.38% |
Moscow | 1.23% | 1.23% | 1.23% | 1.23% | 1.23% |
Moxie Gore | 0.76% | 0.76% | 0.76% | 0.76% | 0.76% |
Moxie Gore Twp | 0.77% | 0.77% | 0.78% | 0.79% | 0.80% |
New Portland | 1.48% | 1.48% | 1.48% | 1.48% | 1.48% |
New Sharon | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% |
Norridgewock | 1.16% | 1.16% | 1.17% | 1.17% | 1.17% |
North Anson | 1.17% | 1.17% | 1.17% | 1.80% | 1.80% |
Palmyra | 1.70% | 1.70% | 1.70% | 1.70% | 1.70% |
Parlin Pond Twp | 0.76% | 0.76% | 0.76% | 0.76% | 0.76% |
Pittsfield | 2.44% | 2.44% | 2.44% | 2.44% | 2.44% |
Rockwood | 0.76% | 0.76% | 0.76% | 0.76% | 0.81% |
Saint Albans | 1.67% | 1.67% | 1.68% | 1.68% | 1.68% |
Seboomook Twp | 0.76% | 0.76% | 0.76% | 0.76% | 0.76% |
Shawmut | 2.10% | 2.10% | 2.10% | 2.10% | 2.10% |
Skowhegan | 1.77% | 1.77% | 1.77% | 1.77% | 1.77% |
Smithfield | 1.68% | 1.68% | 1.68% | 1.68% | 1.68% |
Solon | 1.66% | 1.66% | 1.66% | 1.66% | 1.66% |
Starks | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% |
The Forks Plt | 0.71% | 0.71% | 0.71% | 0.71% | 0.71% |
Tomhegan Twp | 0.76% | 0.76% | 0.76% | 0.78% | 0.81% |
West Forks | 0.71% | 0.71% | 0.72% | 0.73% | 0.76% |
Source: Ownwell
Property Tax Assessment Values Across Somerset County, Maine
In Somerset 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 Somerset 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 Somerset 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 Somerset County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Somerset County, Moxie Gore has the highest median tax bill at $3,782, while Dead River Township has the lowest at $260.
Average Somerset County Assessed Value
$105,900
Average Maine Assessed Value
$204,200
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Somerset County, Maine
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Anson | $40,494 | $60,762 | $82,075 | $115,300 | $150,915 |
Athens | $36,260 | $52,925 | $74,500 | $104,375 | $154,900 |
Bingham | $35,700 | $54,915 | $77,260 | $100,590 | $136,820 |
Brighton Plt | $22,676 | $26,875 | $50,560 | $62,275 | $81,952 |
Cambridge | $35,593 | $60,582 | $80,745 | $110,755 | $152,426 |
Canaan | $43,450 | $64,825 | $93,150 | $122,875 | $168,350 |
Caratunk | $47,898 | $65,126 | $86,428 | $153,331 | $206,534 |
Concord Twp | $61,914 | $88,582 | $121,615 | $165,012 | $196,714 |
Cornville | $57,694 | $90,480 | $132,280 | $175,250 | $216,708 |
Dead River Twp | $34,040 | $34,040 | $34,040 | $34,040 | $34,040 |
Dennistown | $136,300 | $175,650 | $210,900 | $245,650 | $317,700 |
Detroit | $45,200 | $63,250 | $99,250 | $139,350 | $172,250 |
Embden | $58,700 | $106,900 | $179,500 | $271,550 | $381,040 |
Fairfield | $46,250 | $77,800 | $103,650 | $135,425 | $179,200 |
Harmony | $47,109 | $61,570 | $81,080 | $103,925 | $133,751 |
Hartland | $33,919 | $55,978 | $79,750 | $116,828 | $170,093 |
Highland Plt | $51,208 | $59,673 | $88,830 | $122,986 | $148,785 |
Hinckley | $130,600 | $130,600 | $130,600 | $130,600 | $130,600 |
Jackman | $38,060 | $63,700 | $99,900 | $147,900 | $229,180 |
Lexington Twp | $62,326 | $97,855 | $145,420 | $209,962 | $257,579 |
Long Pond Twp | $61,162 | $82,900 | $148,530 | $179,645 | $210,118 |
Madison | $51,020 | $75,500 | $100,400 | $137,900 | $183,780 |
Mercer | $61,659 | $86,822 | $123,829 | $163,830 | $220,683 |
Moose River | $71,742 | $96,970 | $111,280 | $129,975 | $165,712 |
Moscow | $46,883 | $69,872 | $105,220 | $147,722 | $200,309 |
Moxie Gore | $196,366 | $308,606 | $495,672 | $573,986 | $620,974 |
Moxie Gore Twp | $89,160 | $89,160 | $89,160 | $89,160 | $89,160 |
New Portland | $62,450 | $88,225 | $129,600 | $185,750 | $256,290 |
New Sharon | $148,533 | $153,652 | $162,185 | $170,718 | $175,837 |
Norridgewock | $28,220 | $59,000 | $100,500 | $144,100 | $183,280 |
North Anson | $54,904 | $82,550 | $134,500 | $249,900 | $339,580 |
Palmyra | $27,200 | $53,600 | $85,050 | $118,000 | $167,250 |
Parlin Pond Twp | $238,730 | $241,430 | $245,930 | $303,300 | $337,722 |
Pittsfield | $30,540 | $55,300 | $88,000 | $125,000 | $167,000 |
Rockwood | $95,070 | $149,320 | $200,530 | $299,325 | $524,907 |
Saint Albans | $43,010 | $71,800 | $115,150 | $162,375 | $212,730 |
Seboomook Twp | $126,002 | $137,540 | $156,770 | $176,000 | $187,538 |
Shawmut | $87,500 | $87,500 | $87,500 | $87,500 | $87,500 |
Skowhegan | $23,820 | $77,800 | $129,800 | $192,400 | $270,100 |
Smithfield | $42,100 | $84,975 | $119,800 | $175,525 | $253,050 |
Solon | $74,940 | $94,575 | $114,130 | $142,395 | $181,632 |
Starks | $40,204 | $59,315 | $87,780 | $130,730 | $179,796 |
The Forks Plt | $32,202 | $46,605 | $70,610 | $335,055 | $493,722 |
Tomhegan Twp | $178,564 | $231,405 | $289,580 | $370,820 | $553,720 |
West Forks | $42,187 | $86,110 | $120,470 | $176,340 | $227,200 |
Source: Ownwell
Property Tax Bills Across Somerset County, Maine
In Somerset County, ME, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county's assessor, who evaluates the property's market value. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. For example, the median home price in Somerset County is $105,900, and tax bills can vary significantly. Homeowners at the 25th percentile pay around $1,180 annually, while those at the 75th percentile see bills of approximately $2,656. The highest median tax bill in the county is $3,782 in Moxie Gore, whereas Dead River Township has the lowest at $260. These variations affect homeowners differently, with higher-valued properties incurring larger tax bills. Compared to the national median property tax rate of 0.99%, Somerset County's tax rates can lead to substantial differences in tax obligations, impacting household budgets and financial planning.
Average Somerset County Tax Bill
$1,837
Average Maine Tax Bill
$3,200
Average United States Tax Bill
$2,690
Property Tax Bills Across Somerset County, Maine
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Anson | $716 | $1,089 | $1,466 | $2,031 | $2,683 |
Athens | $770 | $1,110 | $1,582 | $2,190 | $3,263 |
Bingham | $580 | $942 | $1,314 | $1,673 | $2,297 |
Brighton Plt | $397 | $470 | $885 | $1,090 | $1,434 |
Cambridge | $692 | $1,178 | $1,570 | $2,154 | $2,965 |
Canaan | $717 | $1,070 | $1,537 | $2,028 | $2,796 |
Caratunk | $460 | $626 | $830 | $1,472 | $1,983 |
Concord Twp | $472 | $676 | $928 | $1,260 | $1,609 |
Cornville | $837 | $1,312 | $1,918 | $2,541 | $3,142 |
Dead River Twp | $260 | $260 | $260 | $260 | $260 |
Dennistown | $1,363 | $1,756 | $2,109 | $2,456 | $3,177 |
Detroit | $802 | $1,123 | $1,762 | $2,474 | $3,058 |
Embden | $688 | $1,254 | $2,108 | $3,213 | $4,462 |
Fairfield | $972 | $1,634 | $2,177 | $2,844 | $3,763 |
Harmony | $872 | $1,139 | $1,506 | $2,002 | $2,524 |
Hartland | $706 | $1,164 | $1,659 | $2,430 | $3,563 |
Highland Plt | $242 | $282 | $420 | $582 | $704 |
Hinckley | $2,743 | $2,743 | $2,743 | $2,743 | $2,743 |
Jackman | $720 | $1,201 | $1,901 | $2,768 | $4,186 |
Lexington Twp | $476 | $746 | $1,110 | $1,627 | $2,178 |
Long Pond Twp | $467 | $646 | $1,133 | $1,370 | $1,603 |
Madison | $948 | $1,404 | $1,866 | $2,564 | $3,417 |
Mercer | $1,086 | $1,528 | $2,179 | $2,884 | $3,884 |
Moose River | $990 | $1,338 | $1,536 | $1,794 | $2,287 |
Moscow | $583 | $932 | $1,302 | $1,820 | $2,468 |
Moxie Gore | $1,498 | $2,354 | $3,782 | $4,380 | $4,738 |
Moxie Gore Twp | $684 | $689 | $698 | $707 | $712 |
New Portland | $861 | $1,274 | $1,918 | $2,749 | $3,789 |
New Sharon | $1,886 | $1,951 | $2,060 | $2,168 | $2,233 |
Norridgewock | $329 | $693 | $1,172 | $1,686 | $2,157 |
North Anson | $884 | $1,347 | $2,079 | $3,047 | $4,068 |
Palmyra | $463 | $911 | $1,446 | $2,006 | $2,844 |
Parlin Pond Twp | $1,822 | $1,842 | $1,876 | $2,314 | $2,577 |
Pittsfield | $750 | $1,351 | $2,150 | $3,050 | $4,075 |
Rockwood | $740 | $1,153 | $1,535 | $2,292 | $4,005 |
Saint Albans | $720 | $1,203 | $1,929 | $2,720 | $3,556 |
Seboomook Twp | $962 | $1,050 | $1,196 | $1,343 | $1,431 |
Shawmut | $1,838 | $1,838 | $1,838 | $1,838 | $1,838 |
Skowhegan | $418 | $1,372 | $2,297 | $3,406 | $4,781 |
Smithfield | $707 | $1,428 | $2,012 | $2,948 | $4,252 |
Solon | $1,244 | $1,570 | $1,894 | $2,361 | $2,979 |
Starks | $510 | $754 | $1,115 | $1,662 | $2,284 |
The Forks Plt | $228 | $330 | $500 | $2,372 | $3,495 |
Tomhegan Twp | $1,380 | $1,766 | $2,209 | $2,908 | $4,225 |
West Forks | $322 | $624 | $860 | $1,278 | $1,609 |
Source: Ownwell
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