Lisbon, Androscoggin County, Maine Property Taxes

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

Median Lisbon, ME effective property tax rate: 2.31%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Lisbon, ME home value: $135,500
Median annual Lisbon, ME tax bill: $3,130, $730 higher than the national median property tax bill of $2,400.

How are property taxes in Androscoggin calculated?

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

Last Updated March 1, 2025

Lisbon, Androscoggin County, Maine Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.31%

Estimate Property Tax Bill

$3,130

$2,905

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

Property Tax Rates Across Lisbon, Androscoggin County, Maine

Local government entities are responsible for setting tax rates, leading to significant variation within a state. Each year, counties estimate their budgetary needs to provide essential services and then divide this by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While tax rates and budgets are influenced by votes and laws, this is essentially the annual process.

In Lisbon, located in Androscoggin County, Maine, the effective property tax rate reflects these local calculations. Compared to other cities in Maine, Lisbon's rate offers a unique perspective on the state's taxation landscape. The median property tax rate in Maine provides a benchmark for comparison against the national median.

Understanding how Lisbon's tax rate compares to both state and national figures can help property owners make informed decisions. With Maine's median property tax rate higher than the national median, property owners in Lisbon benefit from insights into how local tax rates influence their overall financial planning. As property tax rates directly impact homeowners, being informed about these rates is crucial for effective financial management.

Property Tax Rates Across Lisbon, Androscoggin County, Maine

Source: Ownwell

1.00%

1.92%

2.85%

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 Lisbon Tax Rate

2.31%

Median Effective Androscoggin County Tax Rate

2.28%

Median Effective Maine Tax Rate

1.57%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lisbon, Androscoggin County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
04250	2.31%	2.31%	2.31%	2.31%	2.31%

Source: Ownwell

Property Tax Assessment Values Across Lisbon, Androscoggin County, Maine

When examining property taxes in Lisbon, Maine, 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 Androscoggin 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 Androscoggin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Lisbon. For example, the median home price in Lisbon is $135,500, with tax bills ranging significantly across the county. 04250 has the highest median home price at $135,500.

Property Tax Assessment Values Across Lisbon, Androscoggin County, Maine

Source: Ownwell

$60,705

$128,053

$195,400

Median Lisbon Market Value

$135,500

Median Androscoggin County Market Value

$134,490

Median Maine Market Value

$204,200

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lisbon, Androscoggin County, Maine

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
04250	$21,220	$57,950	$135,500	$172,750	$222,160

Source: Ownwell

Property Tax Bills Across Lisbon, Androscoggin County, Maine

In Lisbon, located in Androscoggin County, ME, property taxes are calculated based on the assessed value of a home, which is determined by the local assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Lisbon, the median home price is $135,500, which can result in varying tax bills. The typical property tax bill ranges from $1,338 at the 25th percentile to $5,132 at the 90th percentile, with a median tax bill of $3,130. This is higher than the national median property tax bill of $2,400. Several factors influence these tax bills, including changes in property value, local government budgets, and the specific tax rate set by the municipality. For homeowners seeking to reduce their property tax burden, Ownwell offers valuable services. By providing property tax appeal and exemption services, Ownwell can help homeowners potentially lower their tax bills, ensuring they only pay their fair share.

Property Tax Bills Across Lisbon, Androscoggin County, Maine

Source: Ownwell

$1,059

$2,552

$4,045

Median Lisbon Tax Bill

$3,130

Median Androscoggin County Tax Bill

$3,060

Median Maine Tax Bill

$3,200

Median United States Tax Bill

$2,400

Property Tax Bills Across Lisbon, Androscoggin County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
04250	$490	$1,338	$3,130	$3,990	$5,132

Source: Ownwell