Blue Hill, Hancock County, Maine Property Taxes

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

Median BLUE HILL, ME effective property tax rate: 1.26%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median BLUE HILL, ME home value: $209,950
Median annual BLUE HILL, ME tax bill: $2,646, $246 higher than the national median property tax bill of $2,400.

How are property taxes in Hancock calculated?

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

Last Updated March 1, 2025

Blue Hill, Hancock County, Maine Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.26%

Estimate Property Tax Bill

$2,645

$2,455

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

Property Tax Rates Across Blue Hill, Hancock County, Maine

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Blue Hill’s effective property tax rate to other cities in Maine and the median property tax rates in Maine and the U.S. Blue Hill, located in Hancock County, carries a median property tax rate of 1.26%, which is notably higher than the national median of 1.02%. This places Blue Hill among the higher property tax rate areas in the state, reflecting the county's budgetary needs and property values. Understanding these rates can help property owners anticipate their annual tax liabilities and explore potential savings through appeals or exemptions.

Property Tax Rates Across Blue Hill, Hancock County, Maine

Source: Ownwell

0.37%

1.27%

2.17%

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 Blue Hill Tax Rate

1.26%

Median Effective Hancock County Tax Rate

1.23%

Median Effective Maine Tax Rate

1.57%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Blue Hill, Hancock County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
04614	1.26%	1.26%	1.26%	1.26%	1.26%

Source: Ownwell

Property Tax Assessment Values Across Blue Hill, Hancock County, Maine

When examining property taxes in Blue Hill, 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 Hancock 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 Hancock 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 Blue Hill. For example, the median home price in Blue Hill is $209,950, with tax bills ranging significantly across the county. ZIP code 04614 has the highest median home price at $209,950.

Property Tax Assessment Values Across Blue Hill, Hancock County, Maine

Source: Ownwell

$67,000

$311,200

$555,400

Median Blue Hill Market Value

$209,950

Median Hancock County Market Value

$205,850

Median Maine Market Value

$204,200

Median United States Market Value

$235,294

Property Tax Assessment Values Across Blue Hill, Hancock County, Maine

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
04614	$94,930	$151,425	$209,950	$304,075	$470,750

Source: Ownwell

Property Tax Bills Across Blue Hill, Hancock County, Maine

In Blue Hill, ME, property tax bills are calculated based on the assessed value of a home, which is determined by the Hancock County assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Blue Hill is $209,950, which influences the tax bill amounts. Homeowners in Blue Hill face a median tax bill that is slightly above the national median of $2,400. The 25th percentile tax bill is $1,908, while the 75th percentile is $3,831, and the 90th percentile reaches $5,931. Such variations in tax bills can significantly impact homeowners' finances. Ownwell offers property tax appeal and exemption services to help homeowners in Blue Hill potentially lower their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell assists in challenging overvalued assessments, ensuring homeowners pay only their fair share. This service can lead to substantial savings, alleviating the financial burden on property owners.

Property Tax Bills Across Blue Hill, Hancock County, Maine

Source: Ownwell

$317

$2,580

$4,843

Median Blue Hill Tax Bill

$2,646

Median Hancock County Tax Bill

$2,609

Median Maine Tax Bill

$3,200

Median United States Tax Bill

$2,400

Property Tax Bills Across Blue Hill, Hancock County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
04614	$1,196	$1,908	$2,646	$3,831	$5,931

Source: Ownwell