Pownal, Cumberland County, Maine Property Taxes
Median Pownal, ME effective property tax rate: 1.89%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%. Median Pownal, ME home value: $265,200. Median annual Pownal, ME tax bill: $4,999, $2,599 higher than the national median property tax bill of $2,400.
How are property taxes in Cumberland calculated?
Property taxes in Pownal, 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 Pownal’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pownal, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pownal, Cumberland County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.89%
Estimate Property Tax Bill
$5,012
$4,651
Ownwell’s Pownal Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Pownal with just two data points.
By entering your property's estimated assessed value, our calculator applies Pownal’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 Cumberland.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Pownal, Cumberland County, Maine
Local government entities determine tax rates, leading to significant variations within a state. This is because each county annually estimates its budget needs for services and divides that by the total value of all taxable property in its jurisdiction, resulting in the property tax rate. While votes and laws influence tax rates and budgets, this is the basic annual process.
In Pownal, located in Cumberland County, ME, the effective property tax rate stands at 1.89%, which is notably higher than the national median property tax rate of 1.02%. This rate is consistent across Cumberland County, with Pownal's rate matching both the highest and lowest median tax rates in the area. Such a comparison highlights how property tax rates can fluctuate within a state, influenced by local budgetary needs and property values. For residents, understanding these rates is crucial as they directly impact annual property tax bills, which in Pownal, are significantly above the national median of $2,400.
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 Pownal Tax Rate
1.89%
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 Pownal, Cumberland County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04069 | 1.88% | 1.88% | 1.89% | 1.89% | 1.89% |
Source: Ownwell
Property Tax Assessment Values Across Pownal, Cumberland County, Maine
When examining property taxes in Pownal, 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 Pownal. For example, the median home price in Pownal is $265,200, with tax bills ranging significantly across the county. 04069 has the highest median home price at $265,200.
Property Tax Assessment Values Across Pownal, Cumberland County, Maine
Source: Ownwell
$153,100
$402,100
$651,100
Median Pownal Market Value
$265,200
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 Pownal, Cumberland County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04069 | $167,580 | $215,000 | $265,200 | $338,200 | $420,800 |
Source: Ownwell
Property Tax Bills Across Pownal, Cumberland County, Maine
Median Pownal Tax Bill
$4,999
Median Cumberland County Tax Bill
$4,856
Median Maine Tax Bill
$3,200
Median United States Tax Bill
$2,400
Property Tax Bills Across Pownal, Cumberland County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04069 | $3,159 | $4,053 | $4,999 | $6,375 | $7,932 |
Source: Ownwell