Anson, Maine Property Taxes
The median property tax rate in Anson, ME is 1.80%, considerably higher than both the national median of 0.99% and the Maine state median of 1.57%. With the median home value in Anson, the typical annual property tax bill reaches $1,466, which is below the national median of $2,690. Property taxes in Anson 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 Anson'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 Anson 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
Anson, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.8%
Estimate Property Tax Bill
$1,477
Ownwell’s Anson Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Anson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Anson to provide an estimate of 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 Anson, Maine
Property taxes in Anson, Maine, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Anson stands at 1.80%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Anson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Anson 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 Anson's effective property tax rate to other areas in Somerset County and the national median. For comparison, the zip code 04911 has both the highest and lowest median property tax rate of 1.80%. Understanding how these areas compare with Anson provides valuable insights into the varying tax landscape across Somerset County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Anson Tax Rate
1.80%
Average Somerset County Tax Rate
1.77%
Average Maine Tax Rate
1.57%
Average United States Tax Rate
0.99%
Property Tax Rates Across Anson, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04911 | 1.80% | 1.80% | 1.80% | 1.80% | 1.80% |
Source: Ownwell
Property Tax Assessment Values Across Anson, Maine
In Anson, 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 Somerset County 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 Anson, 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 Anson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Anson's median home price is $82,075, with tax bills ranging from $1,089 at the 25th percentile to $2,683 at the 90th percentile. The highest and lowest median tax bills are both $1,466 in the 04911 zip code.
Average Anson Assessed Value
$82,075
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 Anson, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04911 | $40,494 | $60,762 | $82,075 | $115,300 | $150,915 |
Source: Ownwell
Property Tax Bills Across Anson, Maine
In Anson, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The tax rate in Somerset County is applied to this assessed value to compute the annual tax bill. Homeowners in Anson can expect a range of property tax bills depending on the value of their property. For example, the 25th percentile tax bill is $1,089, while the 75th percentile tax bill reaches $2,031, and the 90th percentile tax bill can be as high as $2,683. These tax bills significantly impact homeowners by influencing their monthly mortgage payments and overall housing affordability. Compared to the national median property tax rate of 0.99%, Anson's property taxes can vary widely, reflecting the diversity in property values within the area. The median home price in Anson is $82,075, which helps determine the baseline for tax assessments. Understanding these factors can help homeowners anticipate their financial responsibilities and plan accordingly.
Average Anson Tax Bill
$1,466
Average Somerset County Tax Bill
$1,837
Average Maine Tax Bill
$3,200
Average United States Tax Bill
$2,690
Property Tax Bills Across Anson, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04911 | $716 | $1,089 | $1,466 | $2,031 | $2,683 |
Source: Ownwell