Alfred, York County, Maine Property Taxes
Median Alfred, ME effective property tax rate: 1.80%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Alfred, ME home value: $183,100
Median annual Alfred, ME tax bill: $3,260, $860 higher than the national median property tax bill of $2,400.
How are property taxes in York calculated?
Property taxes in Alfred, 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 Alfred’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Alfred, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Alfred, York County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.8%
Estimate Property Tax Bill
$3,296
$3,058
Property Tax Rates Across Alfred, York County, Maine
Local government entities have the authority to set tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its budget needs to provide essential services and divides this by the total assessed value of all taxable property within its jurisdiction. This process determines the property tax rate. Although the setting of tax rates and budgets involves votes and laws, this is essentially the annual procedure.
You can compare Alfred’s effective property tax rate to other cities in Maine and the median property tax rates in Maine and the U.S. The median property tax rate in Alfred stands at 1.80%, which is significantly higher than the national median rate of 1.02%. This indicates that property owners in Alfred contribute a larger portion of their property’s assessed value in taxes compared to the national average. Understanding these differences is crucial for property owners considering appeals or exemptions, as it can impact their financial planning and obligations. By being informed about local tax rates, property owners can make more strategic decisions regarding their property investments and tax responsibilities.
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 Alfred Tax Rate
1.80%
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 York County Tax Rate
1.32%
Median Effective Maine Tax Rate
1.57%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Alfred, York County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04002 | 1.80% | 1.80% | 1.80% | 1.80% | 1.80% |
Source: Ownwell
Property Tax Assessment Values Across Alfred, York County, Maine
When examining property taxes in Alfred, 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 York 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 York 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 Alfred. For example, the median home price in Alfred is $183,100, with tax bills ranging significantly across the county. The 04002 zip code has the highest median home price at $183,100.
Property Tax Assessment Values Across Alfred, York County, Maine
Source: Ownwell
$155,269
$527,635
$900,000
Median Alfred Market Value
$183,100
Median York County Market Value
$307,400
Median Maine Market Value
$204,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Alfred, York County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04002 | $69,620 | $126,075 | $183,100 | $250,350 | $320,247 |
Source: Ownwell
Property Tax Bills Across Alfred, York County, Maine
Median Alfred Tax Bill
$3,260
Median York County Tax Bill
$3,841
Median Maine Tax Bill
$3,200
Median United States Tax Bill
$2,400
Property Tax Bills Across Alfred, York County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04002 | $1,249 | $2,213 | $3,260 | $4,383 | $5,610 |
Source: Ownwell