Van Buren, Aroostook County, Maine Property Taxes

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

Median VAN BUREN, ME effective property tax rate: 2.05%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median VAN BUREN, ME home value: $69,150
Median annual VAN BUREN, ME tax bill: $1,418, $982 lower than the national median property tax bill of $2,400.

How are property taxes in Aroostook calculated?

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

Last Updated March 1, 2025

Van Buren, Aroostook County, Maine Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.05%

Estimate Property Tax Bill

$1,418

$1,315

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

Local government entities set tax rates, which can vary widely within a state. 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 VAN BUREN’s effective property tax rate to other cities in ME and the median property tax rates in ME and the U.S.

In VAN BUREN, located in Aroostook County, the property tax rate stands out as notably higher than the national median. With a median property tax rate of 2.05%, VAN BUREN's rate is more than double the national median of 1.02%. This makes VAN BUREN one of the highest in the state, matching the highest median tax rate recorded for the zip code 04785. Homeowners in VAN BUREN face a significant property tax burden compared to the national median property tax bill of $2400. This high rate highlights the importance of exploring property tax appeal and exemption services to potentially reduce costs.

Property Tax Rates Across Van Buren, Aroostook County, Maine

Source: Ownwell

0.28%

1.71%

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 Van Buren Tax Rate

2.05%

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 Van Buren, Aroostook County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
04785	2.05%	2.05%	2.05%	2.05%	2.05%

Source: Ownwell

Property Tax Assessment Values Across Van Buren, Aroostook County, Maine

When examining property taxes in Van Buren, 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 Van Buren. For example, the median home price in Van Buren is $69,150, with tax bills ranging significantly across the county. 04785 has the highest median home price at $69,150.

Property Tax Assessment Values Across Van Buren, Aroostook County, Maine

Source: Ownwell

$38,785

$110,768

$182,750

Median Van Buren Market Value

$69,150

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 Van Buren, Aroostook County, Maine

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
04785	$33,480	$48,025	$69,150	$93,875	$126,390

Source: Ownwell

Property Tax Bills Across Van Buren, Aroostook County, Maine

In Van Buren, located in Aroostook County, ME, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in the area is $69,150. Homeowners in Van Buren face a median property tax bill of $1,418, which is below the national median of $2,400. The tax bill can vary significantly, with the 25th percentile at $988 and the 90th percentile reaching $2,582. These variations depend on factors like property location, size, and improvements. Homeowners in Van Buren may find these tax bills burdensome, especially when they exceed the national median property tax rate of 1.02%.

Ownwell can help homeowners in Van Buren by providing expert property tax appeal services. Our team reviews your property’s assessed value to ensure it's fair and accurate. If discrepancies are found, we work to appeal your assessment, potentially lowering your tax bill. This service can lead to significant savings, easing the financial burden on homeowners and ensuring they only pay their fair share.

Property Tax Bills Across Van Buren, Aroostook County, Maine

Source: Ownwell

$223

$1,487

$2,750

Median Van Buren Tax Bill

$1,418

Median Aroostook County Tax Bill

$1,945

Median Maine Tax Bill

$3,569

Median United States Tax Bill

$2,400

Property Tax Bills Across Van Buren, Aroostook County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
04785	$687	$984	$1,418	$1,924	$2,571

Source: Ownwell