Bridgton, Cumberland County, Maine Property Taxes
Median Bridgton, ME effective property tax rate: 1.72%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Bridgton, ME home value: $154,062
Median annual Bridgton, ME tax bill: $2,652, $252 higher than the national median property tax bill of $2,400.
How are property taxes in Cumberland calculated?
Property taxes in Bridgton, 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 Bridgton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bridgton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bridgton, Cumberland County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.72%
Estimate Property Tax Bill
$2,650
$2,459
Property Tax Rates Across Bridgton, Cumberland County, Maine
Local government entities set tax rates, which can vary significantly within a state. Each county estimates its budget to provide essential services annually and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws influence the setting of tax rates and budgets, this is the core of the annual process.
In Bridgton, located in Cumberland County, ME, the effective property tax rate stands at 1.72%, which is notably higher than the national median property tax rate of 1.02%. This rate reflects the county's budgetary needs and the total assessed value of taxable properties. Compared to other cities in Maine, Bridgton's tax rate is consistent, as the highest and lowest median tax rates are identical at 1.72%. This uniformity indicates a standardized approach to property taxation within the area.
Understanding these rates is crucial for property owners considering tax appeal or exemption services, as it highlights the potential for savings and the importance of accurate property assessments.
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 Bridgton Tax Rate
1.72%
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 Cumberland County Tax Rate
1.52%
Median Effective Maine Tax Rate
1.57%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bridgton, Cumberland County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04009 | 1.72% | 1.72% | 1.72% | 1.72% | 1.72% |
Source: Ownwell
Property Tax Assessment Values Across Bridgton, Cumberland County, Maine
When examining property taxes in Bridgton, 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 Cumberland 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 Cumberland 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 Bridgton.
For example, the median home price in Bridgton is $154,062, with tax bills ranging significantly across the county. Zip code 04009 has the highest median home price at $154,062.
Property Tax Assessment Values Across Bridgton, Cumberland County, Maine
Source: Ownwell
$153,100
$402,100
$651,100
Median Bridgton Market Value
$154,062
Median Cumberland County Market Value
$319,900
Median Maine Market Value
$204,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bridgton, Cumberland County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04009 | $79,632 | $111,154 | $154,062 | $206,110 | $307,609 |
Source: Ownwell
Property Tax Bills Across Bridgton, Cumberland County, Maine
Median Bridgton Tax Bill
$2,652
Median Cumberland County Tax Bill
$4,856
Median Maine Tax Bill
$3,200
Median United States Tax Bill
$2,400
Property Tax Bills Across Bridgton, Cumberland County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04009 | $1,372 | $1,912 | $2,652 | $3,545 | $5,291 |
Source: Ownwell