Naples, Cumberland County, Maine Property Taxes
Median Naples, ME effective property tax rate: 0.92%, significantly lower than the national median of 1.02%, but lower than the Maine state median of 1.57%. Median Naples, ME home value: $209,815. Median annual Naples, ME tax bill: $1,920, $480 lower than the national median property tax bill of $2,400.
How are property taxes in Cumberland calculated?
Property taxes in Naples, 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 Naples’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Naples, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Naples, Cumberland County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.92%
Estimate Property Tax Bill
$1,930
$1,791
Property Tax Rates Across Naples, Cumberland County, Maine
Local government entities set property 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.
In Naples, located in Cumberland County, the effective property tax rate is 0.92%, which aligns with both the highest and lowest median tax rates in the state. This rate is slightly below the national median property tax rate of 1.02%. Homeowners in Naples benefit from a property tax rate that is competitive when compared to the national average.
For those considering an appeal or seeking exemptions, understanding how these rates are determined can be crucial. The relatively lower property tax rate in Naples might make it an attractive option for property owners looking to minimize their tax burden while enjoying the services and amenities provided by the local government.
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 Naples Tax Rate
0.92%
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 Naples, Cumberland County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04055 | 0.91% | 0.91% | 0.92% | 0.92% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Naples, Cumberland County, Maine
When examining property taxes in Naples, 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.
In Cumberland 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 Naples. For example, the median home price in Naples is $209,815, with tax bills ranging significantly across the county. Zip code 04055 has the highest median home price at $209,815.
Property Tax Assessment Values Across Naples, Cumberland County, Maine
Source: Ownwell
$153,100
$402,100
$651,100
Median Naples Market Value
$209,815
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 Naples, Cumberland County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04055 | $86,030 | $135,627 | $209,815 | $268,141 | $342,662 |
Source: Ownwell
Property Tax Bills Across Naples, Cumberland County, Maine
Median Naples Tax Bill
$1,920
Median Cumberland County Tax Bill
$4,856
Median Maine Tax Bill
$3,200
Median United States Tax Bill
$2,400
Property Tax Bills Across Naples, Cumberland County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04055 | $787 | $1,241 | $1,920 | $2,454 | $3,135 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
|---|
Links | |
|---|---|
| Cumberland Tax Assessor | |
| Website | gis.vgsi.com |