Limestone, Aroostook County, Maine Property Taxes
Property Taxes in Limestone, Maine
Median Limestone, Maine effective property tax rate: 3.15%, significantly higher than the national median of 1.02%, and higher than the Maine state median of 1.47%.
Median Limestone, Maine home value: $62,800
Median annual Limestone, Maine tax bill: $1,977, $423 lower than the national median property tax bill of $2,400.
How are property taxes in Aroostook calculated?
Property taxes in Limestone, Maine 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 Limestone's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Limestone, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Limestone, Aroostook County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.15%
Estimate Property Tax Bill
$1,978
$1,836
How Does the Limestone Property Tax Calculator Work?
Use this Limestone property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Limestone's median effective tax rate of 3.15% — based on actual property records in Aroostook County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Limestone's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Limestone: rates range from 3.15% in 04750 to 3.15% in 04750, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Limestone.
About Limestone Property Taxes
About Property Taxes in Limestone, Aroostook, Maine
Limestone’s median effective property tax rate of 3.15% is higher than the Maine state median of 1.47% and higher than the national median of 1.02%. This rate reflects the Aroostook County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Limestone. Homeowners in the 04750 ZIP code carry a median effective rate of 3.15%, while those in the lowest ZIP also pay 3.15%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Aroostook County. Understanding which part of Limestone you live in can make a meaningful difference to your annual tax bill.
Limestone homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before March 30, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Limestone, Aroostook County, Maine
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Limestone's effective property tax rate to other cities in Maine and the median property tax rates in Maine and the U.S.
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 Limestone Tax Rate
3.15%
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 Aroostook County Tax Rate
2.12%
Median Effective Maine Tax Rate
1.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Limestone, Aroostook County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04750 | 3.15% | 3.15% | 3.15% | 3.15% | 3.15% |
Source: Ownwell
Property Tax Assessment Values Across Limestone, Aroostook County, Maine
When examining property taxes in Limestone, 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 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 Limestone.
For example, the median home price in Limestone is $62,800, with tax bills ranging significantly across the county. 04750 has the highest median home price at $62,800.
Property Tax Assessment Values Across Limestone, Aroostook County, Maine
Source: Ownwell
$38,785
$110,768
$182,750
Median Limestone Market Value
$62,800
Median Aroostook County Market Value
$101,600
Median Maine Market Value
$242,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Limestone, Aroostook County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04750 | $30,320 | $45,650 | $62,800 | $83,050 | $107,300 |
Source: Ownwell
Property Tax Bills Across Limestone, Aroostook County, Maine
Property tax bills in Limestone are based on the assessed value of a home and the local tax rate set by the city and county. When a property is valued, that assessed amount is multiplied by the tax rate to determine the yearly bill, so homes with higher market values usually face higher taxes.
In Limestone, the median home price is $62,800, which helps keep tax bills below the national median property tax bill of $2,400. The median tax bill in the area is $1,977, while the 25th percentile is $1,438 and the 75th percentile is $2,616. For homeowners, this means property taxes can vary widely depending on the home’s assessed value and location within Aroostook County. A higher tax bill can increase monthly housing costs, while a lower bill can make ownership more affordable.
Median Limestone Tax Bill
$1,977
Median Aroostook County Tax Bill
$1,945
Median Maine Tax Bill
$3,569
Median United States Tax Bill
$2,400
Property Tax Bills Across Limestone, Aroostook County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04750 | $955 | $1,438 | $1,977 | $2,616 | $3,380 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 23 |
Links | |
|---|---|
| Aroostook Tax Assessor | |
| Website | aroostook.me.us |