Chesterville, Franklin County, Maine Property Taxes

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

Median Chesterville, ME effective property tax rate: 1.75%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Chesterville, ME home value: $113,200
Median annual Chesterville, ME tax bill: $1,978, $422 lower than the national median property tax bill of $2,400.

How are property taxes in Franklin calculated?

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

Last Updated March 1, 2025

Chesterville, Franklin County, Maine Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.75%

Estimate Property Tax Bill

$1,981

$1,838

Ownwell’s Chesterville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Chesterville with just two data points. By entering your property's estimated assessed value, our calculator applies Chesterville’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 Franklin County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Chesterville, Franklin County, Maine

Local government entities in Maine, like in many states, set property tax rates, which can vary significantly. Each county, including Franklin County, estimates its required budget for public services each year and divides this by the total assessed value of all taxable properties within its borders to determine the property tax rate. While the process involves votes and legislative measures, this is essentially how annual property tax rates are established. In Chesterville, located in Franklin County, the effective property tax rate is a reflection of this process. The median tax rate in Maine is 1.75%, which is higher than the national median of 1.02%. This indicates that property owners in Chesterville might experience higher property tax bills compared to many other regions across the U.S. Comparing Chesterville's tax rate with other cities in Maine and nationally provides valuable insight into how local tax obligations stack up. Understanding these differences can help property owners make informed decisions and potentially seek tax appeal services if needed.

Property Tax Rates Across Chesterville, Franklin County, Maine

Source: Ownwell

0.58%

1.44%

2.30%

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 Chesterville Tax Rate

1.75%

Median Effective Franklin County Tax Rate

1.80%

Median Effective Maine Tax Rate

1.57%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Chesterville, Franklin County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
04938	1.75%	1.75%	1.75%	1.75%	1.75%

Source: Ownwell

Property Tax Assessment Values Across Chesterville, Franklin County, Maine

When examining property taxes in Chesterville, 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 Franklin 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 Franklin 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 Chesterville. For example, the median home price in Chesterville is $113,200, with tax bills ranging significantly across the county. 04938 has the highest median home price at $113,200.

Property Tax Assessment Values Across Chesterville, Franklin County, Maine

Source: Ownwell

$26,240

$129,348

$232,455

Median Chesterville Market Value

$113,200

Median Franklin County Market Value

$119,100

Median Maine Market Value

$204,200

Median United States Market Value

$235,294

Property Tax Assessment Values Across Chesterville, Franklin County, Maine

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
04938	$39,940	$69,000	$113,200	$153,300	$201,200

Source: Ownwell

Property Tax Bills Across Chesterville, Franklin County, Maine

In Chesterville, located in Franklin County, ME, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this assessed value to determine the tax bill. Factors such as property size, location, and improvements can influence the assessed value. In Chesterville, the median home price is $113,200, which results in varying tax bills. For instance, the 25th percentile tax bill is $1,208, while the 75th percentile reaches $2,679, and the 90th percentile rises to $3,537. Compared to the national median property tax bill of $2,400, homeowners in Chesterville may find their tax obligations either below or above the national average, depending on their specific property characteristics.

Ownwell assists homeowners in Chesterville by offering property tax appeal and exemption services. By analyzing your property's assessed value and comparing it with similar properties, Ownwell can identify potential discrepancies and help you appeal for a fairer tax assessment. This can lead to significant savings on your property tax bill, ensuring you only pay what is necessary.

Property Tax Bills Across Chesterville, Franklin County, Maine

Source: Ownwell

$604

$1,596

$2,588

Median Chesterville Tax Bill

$1,978

Median Franklin County Tax Bill

$1,981

Median Maine Tax Bill

$3,200

Median United States Tax Bill

$2,400

Property Tax Bills Across Chesterville, Franklin County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
04938	$699	$1,208	$1,978	$2,679	$3,537

Source: Ownwell