Fort Kent, Aroostook County, Maine Property Taxes

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

Median FORT KENT, ME effective property tax rate: 2.10%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median FORT KENT, ME home value: $118,300
Median annual FORT KENT, ME tax bill: $2,432, $32 higher than the national median property tax bill of $2,400.

How are property taxes in Aroostook calculated?

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

Last Updated March 1, 2025

Fort Kent, Aroostook County, Maine Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.1%

Estimate Property Tax Bill

$2,484

$2,305

Ownwell’s Fort Kent Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fort Kent with just two data points.

By entering your property's estimated assessed value, our calculator applies Fort Kent’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 County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Fort Kent, Aroostook County, Maine

Local government entities are responsible for setting tax rates, which can differ significantly within a state. This variation occurs because each county determines its necessary budget to deliver services and divides it by the total assessed value of all taxable property within its area. This calculation establishes the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this is the fundamental annual process.

In Fort Kent, located in Aroostook County, the effective property tax rate is a significant consideration for homeowners. With a median property tax rate of 2.10%, Fort Kent's rate stands notably higher than both the state and national averages. This rate is the highest within the state, as the same rate applies across all zip codes in the region. When compared to the national median property tax rate of 1.02%, Fort Kent's property tax rate is considerably elevated. This higher rate can result in a more substantial property tax bill for homeowners, which may impact decisions on homeownership and investment in the area. Understanding these rates can help property owners make informed financial decisions.

Property Tax Rates Across Fort Kent, 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 Fort Kent Tax Rate

2.10%

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 Fort Kent, Aroostook County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
04743	2.10%	2.10%	2.10%	2.10%	2.10%

Source: Ownwell

Property Tax Assessment Values Across Fort Kent, Aroostook County, Maine

When examining property taxes in Fort Kent, 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 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 Fort Kent.

For example, the median home price in Fort Kent is $118,300, with tax bills ranging significantly across the county. 04743 has the highest median home price at $118,300.

Property Tax Assessment Values Across Fort Kent, Aroostook County, Maine

Source: Ownwell

$38,785

$97,618

$156,450

Median Fort Kent Market Value

$118,300

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 Fort Kent, Aroostook County, Maine

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
04743	$54,860	$80,375	$118,300	$171,550	$237,060

Source: Ownwell

Property Tax Bills Across Fort Kent, Aroostook County, Maine

In Fort Kent, located in Aroostook County, ME, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The assessed value reflects the estimated market value, which is then multiplied by the tax rate to calculate the annual tax bill. Factors such as property location, size, and improvements can influence the assessed value. For homeowners in Fort Kent, the property tax bill can vary significantly, with the 25th percentile at $1,606 and the 75th percentile reaching $3,552. This variation can impact homeowners' financial planning, as those on the higher end may face bills exceeding the national median of $2,400. Ownwell offers a valuable service by assisting homeowners in appealing their property tax assessments, potentially lowering their tax bills. By leveraging expertise in local tax laws and market trends, Ownwell can identify discrepancies in assessed values and guide homeowners through the appeal process, ensuring they only pay their fair share.

Property Tax Bills Across Fort Kent, Aroostook County, Maine

Source: Ownwell

$223

$1,405

$2,587

Median Fort Kent Tax Bill

$2,432

Median Aroostook County Tax Bill

$1,771

Median Maine Tax Bill

$3,200

Median United States Tax Bill

$2,400

Property Tax Bills Across Fort Kent, Aroostook County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
04743	$1,030	$1,606	$2,432	$3,552	$4,952

Source: Ownwell