Temple, Franklin County, Maine Property Taxes

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

Median TEMPLE, ME effective property tax rate: 2.21%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median TEMPLE, ME home value: $103,905
Median annual TEMPLE, ME tax bill: $2,296, $104 lower than the national median property tax bill of $2,400.

How are property taxes in Franklin calculated?

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

Last Updated March 1, 2025

Temple, Franklin County, Maine Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.21%

Estimate Property Tax Bill

$2,296

$2,131

Ownwell’s Temple Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Temple with just two data points. By entering your property's estimated assessed value, our calculator applies Temple’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 Temple, Franklin County, Maine

Local government entities set tax rates, which can vary widely within a state. This variation is because each county annually estimates its budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

In Temple, located in Franklin County, Maine, the effective property tax rate is notably higher than the national median. With a median property tax rate of 2.21%, Temple stands out in comparison to other cities within Maine. This rate is significantly above the national median property tax rate of 1.02%. The higher tax rate in Temple can be attributed to various factors, including local budgetary needs and the total assessed property values within the area.

For homeowners in Temple, this means a higher property tax bill compared to many other parts of the country. Understanding these rates is crucial for property owners looking to manage their expenses and explore potential tax appeal or exemption services.

Property Tax Rates Across Temple, 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 Temple Tax Rate

2.21%

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 Temple, Franklin County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
04984	2.21%	2.21%	2.21%	2.21%	2.21%

Source: Ownwell

Property Tax Assessment Values Across Temple, Franklin County, Maine

When examining property taxes in Temple, 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 Temple. For example, the median home price in Temple is $103,905, with tax bills ranging significantly across the county. Zip code 04984 has the highest median home price at $103,905.

Property Tax Assessment Values Across Temple, Franklin County, Maine

Source: Ownwell

$26,240

$129,348

$232,455

Median Temple Market Value

$103,905

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 Temple, Franklin County, Maine

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
04984	$47,250	$78,562	$103,905	$144,365	$181,020

Source: Ownwell

Property Tax Bills Across Temple, Franklin County, Maine

In Temple, located in Franklin County, ME, property tax bills are determined by assessing the property's value and applying the local tax rate. The median home price in Temple is $103,905, and the property tax bill can vary significantly. For instance, the 25th percentile tax bill is $1,730, while the 75th percentile reaches $3,190, and the 90th percentile goes up to $4,001. This variation in tax bills can affect homeowners differently, depending on their property's assessed value and the local tax rate applied. Comparatively, the national median property tax bill is $2,400, and the national median tax rate is 1.02%. Homeowners in Temple may find their tax bills either below or above the national average, impacting their annual financial planning. Ownwell can assist homeowners in Temple by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying potential discrepancies, Ownwell helps reduce tax liabilities, ensuring homeowners pay only their fair share.

Property Tax Bills Across Temple, Franklin County, Maine

Source: Ownwell

$604

$1,596

$2,588

Median Temple Tax Bill

$2,296

Median Franklin County Tax Bill

$1,981

Median Maine Tax Bill

$3,200

Median United States Tax Bill

$2,400

Property Tax Bills Across Temple, Franklin County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
04984	$1,044	$1,730	$2,296	$3,190	$4,001

Source: Ownwell