Rome, Kennebec County, Maine Property Taxes
Median Rome, ME effective property tax rate: 1.14%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Rome, ME home value: $157,050
Median annual Rome, ME tax bill: $1,790, $610 lower than the national median property tax bill of $2,400.
How are property taxes in Kennebec calculated?
Property taxes in Rome, 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 Rome’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Rome, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rome, Kennebec County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.25%
Estimate Property Tax Bill
$2,000
$1,856
Ownwell’s Rome Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Rome with just two data points.
By entering your property's estimated assessed value, our calculator applies Rome’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.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Rome, Kennebec County, Maine
Local government entities in Maine set tax rates, which can vary widely within the state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting these rates and budgets, this is the annual process in a nutshell.
In Rome, located in Kennebec County, property tax rates reflect this process. Rome's effective property tax rate is 1.14%, aligning with the highest and lowest median tax rates in the state. This rate is slightly higher than the national median property tax rate of 1.02%. The median property tax bill in Maine is also above the national median of $2,400. Comparing these figures provides valuable insight into how property taxes in Rome stand relative to other cities in Maine and the broader U.S. landscape. Understanding these differences can help property owners in Rome make informed decisions about appealing property taxes or seeking 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 Rome Tax Rate
1.25%
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
1.66%
Median Effective Maine Tax Rate
1.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Rome, Kennebec County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04963 | 1.24% | 1.24% | 1.25% | 1.25% | 1.25% |
Source: Ownwell
Property Tax Assessment Values Across Rome, Kennebec County, Maine
When examining property taxes in Rome, 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 Kennebec 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 Kennebec 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 Rome. For example, the median home price in Rome is $157,050, with tax bills ranging significantly across the county. 04963 has the highest median home price at $157,050.
Property Tax Assessment Values Across Rome, Kennebec County, Maine
Source: Ownwell
$58,800
$221,350
$383,900
Median Rome Market Value
$160,000
Median Kennebec County Market Value
$174,800
Median Maine Market Value
$242,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Rome, Kennebec County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04963 | $64,860 | $109,150 | $160,000 | $228,450 | $448,380 |
Source: Ownwell
Property Tax Bills Across Rome, Kennebec County, Maine
Median Rome Tax Bill
$1,992
Median Kennebec County Tax Bill
$2,961
Median Maine Tax Bill
$3,569
Median United States Tax Bill
$2,400
Property Tax Bills Across Rome, Kennebec County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04963 | $808 | $1,359 | $1,992 | $2,844 | $5,582 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 30 |
Links | |
|---|---|
| Kennebec Tax Assessor | |
| Website | www.vgsi.com |