Winter Harbor, Hancock County, Maine Property Taxes
Median Winter Harbor, ME effective property tax rate: 1.09%, slightly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Winter Harbor, ME home value: $139,000
Median annual Winter Harbor, ME tax bill: $1,515, $885 lower than the national median property tax bill of $2,400.
How are property taxes in Hancock calculated?
Property taxes in Winter Harbor, 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 Winter Harbor’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Winter Harbor, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Winter Harbor, Hancock County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.09%
Estimate Property Tax Bill
$1,515
$1,406
Property Tax Rates Across Winter Harbor, Hancock County, Maine
Local government entities determine property tax rates, which can significantly differ across regions. This variation is due to each county calculating its necessary budget for public services and dividing it by the total assessed value of all taxable properties within its area. This method establishes the property tax rate, though the process involves votes and laws to finalize rates and budgets annually.
In Winter Harbor, located in Hancock County, the effective property tax rate is a reflection of this process. When comparing Winter Harbor's rate with other cities within Maine, it's important to note that the state's median property tax rate is slightly above the national median. This places Winter Harbor in a unique position, as the tax rates here are among the highest in the state, yet they align with the state median.
Understanding these rates is crucial for property owners, as they directly impact the annual property tax bill. By comparing Winter Harbor's property tax rates with the national median, residents can gain insight into how their local taxes stack up against broader trends.
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 Winter Harbor Tax Rate
1.09%
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 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 Winter Harbor, Hancock County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04693 | 1.09% | 1.09% | 1.09% | 1.09% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Winter Harbor, Hancock County, Maine
When examining property taxes in Winter Harbor, 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.
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 Winter Harbor.
For example, the median home price in Winter Harbor is $139,000, with tax bills ranging significantly across the county. Zip code 04693 has the highest median home price at $139,000.
Property Tax Assessment Values Across Winter Harbor, Hancock County, Maine
Source: Ownwell
$67,000
$311,200
$555,400
Median Winter Harbor Market Value
$139,000
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 Winter Harbor, Hancock County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04693 | $84,400 | $111,200 | $139,000 | $178,800 | $352,600 |
Source: Ownwell
Property Tax Bills Across Winter Harbor, Hancock County, Maine
In Winter Harbor, 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. Factors such as property size, location, and improvements can affect the assessed value. Winter Harbor's median property tax bill is $1,515, which is significantly lower than the national median of $2,400. However, homeowners in the area can still feel the impact of property taxes on their finances, especially when tax bills reach the 90th percentile at $3,843.
Ownwell offers a valuable service to homeowners by providing property tax appeal and exemption services. By analyzing the assessed value and comparable properties, Ownwell helps identify potential discrepancies and opportunities for savings. This can lead to a reduction in the tax bill, providing financial relief to homeowners. With expert guidance, homeowners in Winter Harbor can ensure they are not overpaying and can potentially save on their property tax bills.
Median Winter Harbor Tax Bill
$1,515
Median Hancock County Tax Bill
$2,609
Median Maine Tax Bill
$3,200
Median United States Tax Bill
$2,400
Property Tax Bills Across Winter Harbor, Hancock County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04693 | $920 | $1,212 | $1,515 | $1,949 | $3,843 |
Source: Ownwell