Drew Plt, Aroostook County, Maine Property Taxes

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

Median Drew Plt, ME effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, but lower than the Maine state median of 1.57%. Median Drew Plt, ME home value: $38,280. Median annual Drew Plt, ME tax bill: $337, $2,063 lower than the national median property tax bill of $2,400.

How are property taxes in Aroostook calculated?

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

Last Updated March 1, 2025

Drew Plt, Aroostook County, Maine Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.88%

Estimate Property Tax Bill

$337

$313

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

Property Tax Rates Across Drew Plt, Aroostook County, Maine

Local government entities set tax rates, and these can vary significantly within a state. This variation is because each county annually estimates its budget needs to provide essential services and divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

In Drew Plt, located in Aroostook County, the effective property tax rate can be compared to other cities in Maine and the broader national landscape. The median property tax rate in Maine stands at 0.88%, which is below the national median of 1.02%. This suggests that residents of Drew Plt potentially enjoy lower property tax rates compared to the national average. Understanding these differences can be crucial for property owners looking to manage their tax liabilities effectively. By comparing these rates, property owners can gain insights into how Drew Plt's tax rates stack up against both state and national benchmarks, helping them make informed financial decisions.

Property Tax Rates Across Drew Plt, Aroostook County, Maine

Source: Ownwell

0.28%

1.66%

3.04%

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 Drew Plt Tax Rate

0.88%

Median Effective Aroostook County Tax Rate

2.26%

Median Effective Maine Tax Rate

1.57%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Drew Plt, Aroostook County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
04497	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Drew Plt, Aroostook County, Maine

When examining property taxes in Drew Plt, 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 Aroostook 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 Aroostook 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 Drew Plt. For example, the median home price in Drew Plt is $38,280, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Drew Plt, Aroostook County, Maine

Source: Ownwell

$38,785

$97,618

$156,450

Median Drew Plt Market Value

$38,280

Median Aroostook County Market Value

$86,999

Median Maine Market Value

$204,200

Median United States Market Value

$235,294

Property Tax Assessment Values Across Drew Plt, Aroostook County, Maine

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
04497	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Drew Plt, Aroostook County, Maine

In Drew Plt, located in Aroostook County, ME, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this assessed value to determine the annual tax bill. For homeowners in this area, the property tax bill typically stands at $337, regardless of the percentile, which is significantly lower than the national median property tax bill of $2,400. This lower tax bill is partly due to the relatively modest median home price of $38,280 in the region. While the tax bill here is less burdensome compared to the national average, it can still impact homeowners' finances. Ownwell specializes in property tax appeal and exemption services, assisting homeowners in potentially lowering their tax obligations. By leveraging expert knowledge and a deep understanding of local tax regulations, Ownwell can help ensure that homeowners are not overpaying on their property tax bills, providing valuable savings and financial relief.

Property Tax Bills Across Drew Plt, Aroostook County, Maine

Source: Ownwell

$223

$1,405

$2,587

Median Drew Plt Tax Bill

$337

Median Aroostook County Tax Bill

$1,771

Median Maine Tax Bill

$3,200

Median United States Tax Bill

$2,400

Property Tax Bills Across Drew Plt, Aroostook County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
04497	N/A	N/A	N/A	N/A	N/A

Source: Ownwell