Hallowell, Kennebec County, Maine Property Taxes
Median Hallowell, ME effective property tax rate: 2.22%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Hallowell, ME home value: $169,100
Median annual Hallowell, ME tax bill: $3,755, $1,355 higher than the national median property tax bill of $2,400.
How are property taxes in Kennebec calculated?
Property taxes in Hallowell, 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 Hallowell’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hallowell, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hallowell, Kennebec County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.22%
Estimate Property Tax Bill
$3,754
$3,484
Ownwell’s Hallowell Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hallowell with just two data points.
By entering your property's estimated assessed value, our calculator applies Hallowell’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 Kennebec County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Hallowell, Kennebec County, Maine
Local government entities set tax rates, which can vary widely within a state. This is 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 Hallowell’s effective property tax rate to other cities in Maine and the median property tax rates in Maine and the U.S. Hallowell, located in Kennebec County, has a median property tax rate of 2.22%, which is significantly higher than the national median of 1.02%. This places Hallowell among the areas with the highest property tax rates in the state. The city’s property tax rate is also the highest in the 04347 zip code.
Understanding these rates can help property owners anticipate their tax responsibilities and explore potential savings through appeals or exemptions.
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 Hallowell Tax Rate
2.22%
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 Kennebec County Tax Rate
1.72%
Median Effective Maine Tax Rate
1.57%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hallowell, Kennebec County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04347 | 2.22% | 2.22% | 2.22% | 2.22% | 2.22% |
Source: Ownwell
Property Tax Assessment Values Across Hallowell, Kennebec County, Maine
Property Tax Assessment Values Across Hallowell, Kennebec County, Maine
Source: Ownwell
$54,950
$158,225
$261,500
Median Hallowell Market Value
$169,100
Median Kennebec County Market Value
$154,165
Median Maine Market Value
$204,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hallowell, Kennebec County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04347 | $99,840 | $133,250 | $169,100 | $224,550 | $303,740 |
Source: Ownwell
Property Tax Bills Across Hallowell, Kennebec County, Maine
In Hallowell, ME, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value typically reflects a percentage of the property's market value, which is determined by local assessors. Homeowners in Hallowell face a median property tax bill of $3,755, significantly higher than the national median of $2,400. Factors influencing these bills include the property's location, size, and condition, as well as the local government's budgetary needs. With a tax bill at the 90th percentile reaching $6,743, some homeowners bear a substantial financial burden.
Ownwell assists homeowners by offering property tax appeal and exemption services. By analyzing market trends and property assessments, Ownwell identifies opportunities to challenge overvalued assessments. This can lead to significant savings, ensuring homeowners in Hallowell pay only their fair share. With expertise in navigating the complexities of property tax systems, Ownwell helps alleviate the financial strain on homeowners, potentially reducing their tax bills and providing peace of mind.
Median Hallowell Tax Bill
$3,755
Median Kennebec County Tax Bill
$2,685
Median Maine Tax Bill
$3,200
Median United States Tax Bill
$2,400
Property Tax Bills Across Hallowell, Kennebec County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04347 | $2,220 | $2,962 | $3,755 | $4,988 | $6,743 |
Source: Ownwell
