New Gloucester, Cumberland County, Maine Property Taxes
Median New Gloucester, ME effective property tax rate: 1.43%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median New Gloucester, ME home value: $235,748
Median annual New Gloucester, ME tax bill: $3,371, $971 higher than the national median property tax bill of $2,400.
How are property taxes in Cumberland calculated?
Property taxes in New Gloucester, 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 New Gloucester’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Gloucester, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
New Gloucester, Cumberland County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.43%
Estimate Property Tax Bill
$3,371
$3,128
Property Tax Rates Across New Gloucester, Cumberland County, Maine
Local government entities are responsible for setting tax rates, which can differ significantly across a state. This variation is primarily because each county annually calculates its budget needs for providing essential services and divides this amount by the total value of all taxable properties within its borders. The result of this calculation determines the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is essentially the process followed each year.
When you look at New Gloucester’s effective property tax rate, you can compare it to other cities in Maine, as well as the median property tax rates in Maine and across the United States. New Gloucester, located in Cumberland County, has a property tax rate of 1.43%, which is above the national median of 1.02%. This means property owners in New Gloucester pay a higher percentage of their property's assessed value in taxes compared to the national average. Understanding these differences can help property owners make informed financial decisions and potentially seek property tax appeals or exemptions where applicable.
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 New Gloucester Tax Rate
1.43%
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 New Gloucester, Cumberland County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04260 | 1.43% | 1.43% | 1.43% | 1.43% | 1.43% |
Source: Ownwell
Property Tax Assessment Values Across New Gloucester, Cumberland County, Maine
When examining property taxes in New Gloucester, 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 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 New Gloucester. For example, the median home price in New Gloucester is $235,748, with tax bills ranging significantly across the county. 04260 has the highest median home price at $235,748.
Property Tax Assessment Values Across New Gloucester, Cumberland County, Maine
Source: Ownwell
$153,100
$402,100
$651,100
Median New Gloucester Market Value
$235,748
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 New Gloucester, Cumberland County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04260 | $108,420 | $181,447 | $235,748 | $295,684 | $376,934 |
Source: Ownwell
Property Tax Bills Across New Gloucester, Cumberland County, Maine
Property Tax Bills Across New Gloucester, Cumberland County, Maine
Source: Ownwell
$1,920
$6,426
$10,931
Median New Gloucester Tax Bill
$3,371
Median Cumberland County Tax Bill
$4,856
Median Maine Tax Bill
$3,200
Median United States Tax Bill
$2,400
Property Tax Bills Across New Gloucester, Cumberland County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04260 | $1,573 | $2,600 | $3,371 | $4,228 | $5,387 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Cumberland Tax Assessor | |
| Website | gis.vgsi.com |