Rockland, Knox County, Maine Property Taxes
Median Rockland, ME effective property tax rate: 2.43%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Rockland, ME home value: $178,000
Median annual Rockland, ME tax bill: $4,318, $1,918 higher than the national median property tax bill of $2,400.
How are property taxes in Knox calculated?
Property taxes in Rockland, 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 Rockland’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Rockland, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rockland, Knox County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.43%
Estimate Property Tax Bill
$4,325
$4,014
Property Tax Rates Across Rockland, Knox County, Maine
Local government entities set tax rates, which can vary widely within a state. This is because 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 votes and laws are involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Rockland, located in Knox County, the effective property tax rate is notably higher than the national median of 1.02%. This rate reflects the local government's need to meet budgetary requirements through property taxes. When comparing Rockland's rate to other cities in Maine, it stands out as one of the highest in the state. In fact, Rockland shares the same rate across its zip code, indicating a uniform approach to property tax assessments within the area.
Understanding these local variations is crucial for property owners, as it directly impacts their annual tax bills. While the national median property tax bill is around $2,400, property owners in Rockland can expect to pay significantly more due to the higher tax rate.
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 Rockland Tax Rate
2.43%
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 Knox County Tax Rate
1.55%
Median Effective Maine Tax Rate
1.57%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Rockland, Knox County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04841 | 2.43% | 2.43% | 2.43% | 2.43% | 2.43% |
Source: Ownwell
Property Tax Assessment Values Across Rockland, Knox County, Maine
When examining property taxes in Rockland, 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 Knox 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 Knox 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 Rockland. For example, the median home price in Rockland is $178,000, with tax bills ranging significantly across the county. 04841 has the highest median home price at $178,000.
Property Tax Assessment Values Across Rockland, Knox County, Maine
Source: Ownwell
$159,200
$280,900
$402,600
Median Rockland Market Value
$178,000
Median Knox County Market Value
$198,500
Median Maine Market Value
$204,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Rockland, Knox County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04841 | $109,520 | $141,150 | $178,000 | $226,600 | $303,260 |
Source: Ownwell
Property Tax Bills Across Rockland, Knox County, Maine
Median Rockland Tax Bill
$4,318
Median Knox County Tax Bill
$3,340
Median Maine Tax Bill
$3,200
Median United States Tax Bill
$2,400
Property Tax Bills Across Rockland, Knox County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04841 | $2,658 | $3,426 | $4,318 | $5,497 | $7,361 |
Source: Ownwell