Coburn Gore, Franklin County, Maine Property Taxes

Local government entities in Franklin County, Maine, determine tax rates, which can vary significantly within the state. This is because each year, counties estimate their required budget to provide essential services and divide that by the total assessed value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and regulations play a role in setting these rates and budgets, this is the core process followed annually.

Coburn Gore's effective property tax rate provides an interesting comparison to other cities in Maine, as well as to the broader state and national averages. With a median property tax rate of 0.83%, Franklin County's rate is notably lower than the national median of 1.02%. This means property owners in Coburn Gore are likely to benefit from a relatively lower tax burden compared to many other regions across the United States. Understanding these differences can be crucial for property owners considering tax appeal and exemption services to ensure they are not overpaying on their property taxes.

In Coburn Gore, located in Franklin County, ME, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $234,345, homeowners in Coburn Gore can expect their property tax bills to range between the 25th percentile at $1,877 and the 75th percentile at $1,995, with the 90th percentile reaching up to $2,030. Compared to the national median property tax bill of $2,400, Coburn Gore’s property tax bills tend to be slightly lower.

However, for homeowners looking to reduce their tax burden, Ownwell offers expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell ensures that homeowners are not overpaying on their property taxes. With our assistance, homeowners can potentially save a significant amount on their annual tax bills, ensuring they only pay what is fair and accurate.