Trenton, Hancock County, Maine Property Taxes

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

Median Trenton, ME effective property tax rate: 1.50%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Trenton, ME home value: $183,750
Median annual Trenton, ME tax bill: $2,764, $364 higher than the national median property tax bill of $2,400.

How are property taxes in Hancock calculated?

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

Last Updated March 1, 2025

Trenton, Hancock County, Maine Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.5%

Estimate Property Tax Bill

$2,756

$2,558

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

As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because annually, 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 Trenton’s effective property tax rate to other cities in Maine and the median property tax rates in Maine and the U.S. Trenton, located in Hancock County, reflects the state's median property tax rate of 1.50%, which is notably higher than the national median of 1.02%. This rate places a significant emphasis on property taxes as a revenue source for local services. In Trenton, property owners may feel the impact of this higher rate compared to other parts of the country. However, understanding how these taxes contribute to community services can provide some context for the rates. The uniformity of the tax rate across Hancock County, with no variation between the highest and lowest rates, suggests a consistent approach to budgeting and service provision within the region.

Property Tax Rates Across Trenton, 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 Trenton Tax Rate

1.50%

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 Trenton, Hancock County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
04605	1.50%	1.50%	1.50%	1.50%	1.50%

Source: Ownwell

Property Tax Assessment Values Across Trenton, Hancock County, Maine

When examining property taxes in Trenton, 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 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.

In Hancock 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 Trenton.

For example, the median home price in Trenton is $183,750, with tax bills ranging significantly across the county. Zip code 04605 has the highest median home price at $183,750.

Property Tax Assessment Values Across Trenton, Hancock County, Maine

Source: Ownwell

$67,000

$311,200

$555,400

Median Trenton Market Value

$183,750

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 Trenton, Hancock County, Maine

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
04605	$82,260	$126,850	$183,750	$248,925	$461,690

Source: Ownwell

Property Tax Bills Across Trenton, Hancock County, Maine

In Trenton, located in Hancock County, ME, property tax bills are calculated based on the assessed value of a home. With a median home price of $183,750, the property tax rate significantly impacts homeowners. The tax bill for the 25th percentile is $1,908, while the 75th percentile sees a tax bill of $3,744. At the 90th percentile, homeowners face a tax bill as high as $6,944. These figures highlight the importance of understanding property taxes, as they can vary widely even within the same area. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Trenton's tax landscape presents unique challenges. Ownwell can assist homeowners by providing expert property tax appeal and exemption services, potentially reducing these hefty tax bills. By analyzing local tax assessments and leveraging their expertise, Ownwell helps ensure homeowners are not overpaying, offering a chance to save significantly on property taxes.

Property Tax Bills Across Trenton, Hancock County, Maine

Source: Ownwell

$317

$2,580

$4,843

Median Trenton Tax Bill

$2,764

Median Hancock County Tax Bill

$2,609

Median Maine Tax Bill

$3,200

Median United States Tax Bill

$2,400

Property Tax Bills Across Trenton, Hancock County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
04605	$1,207	$1,908	$2,764	$3,744	$6,944

Source: Ownwell