Lisbon Falls, Androscoggin County, Maine Property Taxes

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

Median Lisbon Falls, 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 Falls, ME home value: $147,800. Median annual Lisbon Falls, ME tax bill: $3,414, $1,014 higher than the national median property tax bill of $2,400.

How are property taxes in Androscoggin calculated?

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

Last Updated March 1, 2025

Lisbon Falls, 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

$3,414

$3,168

Ownwell’s Lisbon Falls Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lisbon Falls with just two data points. By entering your property's estimated assessed value, our calculator applies Lisbon Falls’ 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 Falls, Androscoggin County, Maine

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in determining tax rates and budgets, this is essentially the annual process.

In Lisbon Falls, located in Androscoggin County, the effective property tax rate stands at 2.31%. This rate is notably higher than the national median property tax rate of 1.02%. It's important to note that Lisbon Falls holds both the highest and lowest median tax rates within its ZIP code, 04252, as it matches the county's rate. When compared to the national median property tax bill of $2,400, property owners in Lisbon Falls may experience a higher financial burden due to the elevated tax rate. This comparison highlights the importance of understanding local property tax dynamics and the potential benefits of appealing property tax assessments to alleviate the financial impact on property owners.

Property Tax Rates Across Lisbon Falls, 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 Falls 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 Falls, Androscoggin County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
04252	2.31%	2.31%	2.31%	2.31%	2.31%

Source: Ownwell

Property Tax Assessment Values Across Lisbon Falls, Androscoggin County, Maine

When examining property taxes in Lisbon Falls, 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 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: Androscoggin County sends assessment notices 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 Falls. For example, the median home price in Lisbon Falls is $147,800, with tax bills ranging significantly across the county. Zip code 04252 has the highest median home price at $147,800.

Property Tax Assessment Values Across Lisbon Falls, Androscoggin County, Maine

Source: Ownwell

$60,705

$128,053

$195,400

Median Lisbon Falls Market Value

$147,800

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 Falls, Androscoggin County, Maine

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
04252	$90,600	$126,975	$147,800	$176,000	$220,400

Source: Ownwell

Property Tax Bills Across Lisbon Falls, Androscoggin County, Maine

In Lisbon Falls, located in Androscoggin County, ME, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price is $147,800, and the property tax rate significantly impacts the tax bill. Tax bills in this area range from the 25th percentile at $2,930 to the 90th percentile at $5,092, with a median tax bill of $3,414. This is notably higher than the national median property tax bill of $2,400, reflecting the area's higher tax burden. Factors influencing these amounts include property value assessments and local government budgets. For homeowners, these taxes represent a significant annual expense and can affect affordability and financial planning. Ownwell assists homeowners by providing expert property tax appeal and exemption services. By leveraging local knowledge and expertise, Ownwell helps ensure assessments are fair and accurate, potentially reducing tax bills. Homeowners can save money and alleviate financial stress by appealing excessive assessments and identifying eligible exemptions.

Property Tax Bills Across Lisbon Falls, Androscoggin County, Maine

Source: Ownwell

$1,059

$2,552

$4,045

Median Lisbon Falls Tax Bill

$3,414

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 Falls, Androscoggin County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
04252	$2,093	$2,930	$3,414	$4,066	$5,092

Source: Ownwell