Old Orchard Beach, York County, Maine Property Taxes

Name: Property Tax Bills Across Old Orchard Beach, York County, Maine
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Old Orchard Beach, ME effective property tax rate: 1.22%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Old Orchard Beach, ME home value: $319,500
Median annual Old Orchard Beach, ME tax bill: $3,911, $1,511 higher than the national median property tax bill of $2,400.

How are property taxes in York calculated?

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

Last Updated March 1, 2025

Old Orchard Beach, York County, Maine Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.22%

Estimate Property Tax Bill

$3,898

$3,617

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

Property Tax Rates Across Old Orchard Beach, York County, Maine

Local government entities in Maine set property tax rates, which can vary significantly across the state. Each year, counties like York estimate the budget needed to provide essential services and divide this by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting these rates and budgets, this is the annual process in a nutshell.

In Old Orchard Beach, located in York County, the property tax rate reflects these local decisions. The median property tax rate in Maine is 1.22%, which is higher than the national median of 1.02%. Comparing Old Orchard Beach’s effective property tax rate to other cities in Maine and the U.S. can provide valuable insights. Understanding these rates can help property owners in Old Orchard Beach navigate their tax obligations more effectively and possibly identify opportunities for appeals or exemptions. By staying informed about these local tax trends, property owners can better manage their expenses and ensure they are not overpaying on their property taxes.

Property Tax Rates Across Old Orchard Beach, York County, Maine

Source: Ownwell

0.60%

1.21%

1.83%

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 Old Orchard Beach Tax Rate

1.22%

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 Old Orchard Beach, York County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
04064	1.22%	1.22%	1.22%	1.22%	1.22%

Source: Ownwell

Property Tax Assessment Values Across Old Orchard Beach, York County, Maine

When examining property taxes in Old Orchard Beach, 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.

Assessment notices:

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 Old Orchard Beach.

For example, the median home price in Old Orchard Beach is $319,500, with tax bills ranging significantly across the county. 04064 has the highest median home price at $319,500.

Property Tax Assessment Values Across Old Orchard Beach, York County, Maine

Source: Ownwell

$155,269

$527,635

$900,000

Median Old Orchard Beach Market Value

$319,500

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 Old Orchard Beach, York County, Maine

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
04064	$150,730	$220,200	$319,500	$453,525	$595,470

Source: Ownwell

Property Tax Bills Across Old Orchard Beach, York County, Maine

In Old Orchard Beach, located in York County, ME, property tax bills are calculated based on the assessed value of a home. This value is determined by local assessors who evaluate factors such as the property's size, location, and market conditions. The median home price in the area is $319,500, and homeowners can expect tax bills that vary significantly. For example, the 25th percentile tax bill is $2,696, while the 75th percentile reaches $5,558, and the 90th percentile can be as high as $7,291. These figures highlight the potential financial impact on homeowners, especially when compared to the national median property tax bill of $2,400. Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services, helping to ensure that tax assessments are fair and accurate. By leveraging Ownwell's expertise, homeowners in Old Orchard Beach can potentially reduce their property tax bills, achieving significant savings and alleviating financial burdens.

Property Tax Bills Across Old Orchard Beach, York County, Maine

Source: Ownwell

$1,646

$8,208

$14,769

Median Old Orchard Beach Tax Bill

$3,911

Median York County Tax Bill

$3,841

Median Maine Tax Bill

$3,200

Median United States Tax Bill

$2,400

Property Tax Bills Across Old Orchard Beach, York County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
04064	$1,845	$2,696	$3,911	$5,558	$7,291

Source: Ownwell