Presque Isle, Aroostook County, Maine Property Taxes

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

Median PRESQUE ISLE, ME effective property tax rate: 2.38%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median PRESQUE ISLE, ME home value: $98,350
Median annual PRESQUE ISLE, ME tax bill: $2,336, $64 lower than the national median property tax bill of $2,400.

How are property taxes in Aroostook calculated?

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

Last Updated March 1, 2025

Presque Isle, Aroostook County, Maine Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.38%

Estimate Property Tax Bill

$2,341

$2,172

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

By entering your property's estimated assessed value, our calculator applies PRESQUE ISLE’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 Presque Isle, Aroostook County, Maine

Local government entities in Maine set tax rates, which can vary significantly within the 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 setting these rates and budgets, this is essentially the annual process.

Presque Isle in Aroostook County has an effective property tax rate of 2.38%, which is notably higher than the national median property tax rate of 1.02%. This rate is the highest in Maine, with the same rate also being the lowest, indicating uniformity within the area. The median property tax bill in Presque Isle aligns with the county's economic landscape, reflecting the community's commitment to funding local services.

Comparing Presque Isle’s effective property tax rate to other cities in Maine and the national median highlights the unique property tax landscape of this region. Understanding these differences can be crucial for property owners navigating tax obligations.

Property Tax Rates Across Presque Isle, 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 Presque Isle Tax Rate

2.38%

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 Presque Isle, Aroostook County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
04769	2.37%	2.37%	2.38%	2.38%	2.38%

Source: Ownwell

Property Tax Assessment Values Across Presque Isle, Aroostook County, Maine

When examining property taxes in Presque Isle, 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 Presque Isle. For example, the median home price in Presque Isle is $98,350, with tax bills ranging significantly across the county. 04769 has the highest median home price at $98,350.

Property Tax Assessment Values Across Presque Isle, Aroostook County, Maine

Source: Ownwell

$38,785

$97,618

$156,450

Median Presque Isle Market Value

$98,350

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 Presque Isle, Aroostook County, Maine

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
04769	$25,900	$55,975	$98,350	$138,250	$194,580

Source: Ownwell

Property Tax Bills Across Presque Isle, Aroostook County, Maine

In Presque Isle, located in Aroostook County, ME, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Presque Isle is $98,350, leading to varying tax bills across different percentiles. For example, homeowners in the 25th percentile face a tax bill of $1,330, while those in the 75th percentile see a bill of $3,283. The highest median tax bill recorded in the area is $2,336, which is below the national median of $2,400. These property taxes can significantly impact homeowners, affecting their financial planning and property affordability. Ownwell offers property tax appeal and exemption services to help homeowners navigate these costs. By challenging over-assessments and identifying potential exemptions, Ownwell can help reduce the financial burden of property taxes, ensuring homeowners pay only their fair share.

Property Tax Bills Across Presque Isle, Aroostook County, Maine

Source: Ownwell

$223

$1,405

$2,587

Median Presque Isle Tax Bill

$2,336

Median Aroostook County Tax Bill

$1,771

Median Maine Tax Bill

$3,200

Median United States Tax Bill

$2,400

Property Tax Bills Across Presque Isle, Aroostook County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
04769	$611	$1,330	$2,336	$3,283	$4,622

Source: Ownwell