Warren, Knox County, Maine Property Taxes

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

Median Warren, ME effective property tax rate: 1.39%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Warren, ME home value: $231,500
Median annual Warren, ME tax bill: $3,218, $818 higher than the national median property tax bill of $2,400.

How are property taxes in Knox County calculated?

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

Last Updated March 1, 2025

Warren, Knox County, Maine Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.39%

Estimate Property Tax Bill

$3,218

$2,986

Ownwell’s Warren Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Warren with just two data points. By entering your property's estimated assessed value, our calculator applies Warren’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 Knox County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Warren, Knox County, Maine

Local government entities set tax rates, which can vary widely within a state. 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, this is the annual process. In Warren, located in Knox County, ME, the effective property tax rate stands at 1.39%. This rate is notably higher than the national median property tax rate of 1.02%. The median property tax rate in Maine itself is also 1.39%, aligning with Warren's rate. Such a comparison highlights how property tax rates in Warren and across Maine can impact homeowners differently compared to other regions in the U.S. Understanding these differences is crucial for property owners seeking to manage their tax liabilities effectively.

Property Tax Rates Across Warren, Knox County, Maine

Source: Ownwell

1.01%

1.72%

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 Warren Tax Rate

1.39%

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 Warren, Knox County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
04864	1.39%	1.39%	1.39%	1.39%	1.39%

Source: Ownwell

Property Tax Assessment Values Across Warren, Knox County, Maine

When examining property taxes in Warren, 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 Warren. For example, the median home price in Warren is $231,500, with tax bills ranging significantly across the county. Zip code 04864 has the highest median home price at $231,500.

Property Tax Assessment Values Across Warren, Knox County, Maine

Source: Ownwell

$159,200

$280,900

$402,600

Median Warren Market Value

$231,500

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 Warren, Knox County, Maine

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
04864	$106,000	$170,150	$231,500	$291,750	$364,500

Source: Ownwell

Property Tax Bills Across Warren, Knox County, Maine

In Warren, located in Knox County, ME, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The median home price in Warren is $231,500. Property tax bills can vary significantly, with the 25th percentile at $2,365 and the 75th percentile at $4,056. The highest median tax bill in the area is $3,218. These figures highlight the variability in property tax burdens that homeowners face. The local tax rate, applied to the assessed value, plays a crucial role in determining the final tax bill. Homeowners in Warren experience tax bills that are generally higher than the national median property tax bill of $2,400. This can have a significant impact on household budgets. Ownwell assists homeowners by identifying potential savings through appeals and exemptions, ensuring they are not overpaying. By leveraging expertise in local tax regulations, Ownwell helps homeowners reduce their tax liabilities, providing financial relief and peace of mind.

Property Tax Bills Across Warren, Knox County, Maine

Source: Ownwell

$2,132

$3,725

$5,317

Median Warren Tax Bill

$3,218

Median Knox County Tax Bill

$3,340

Median Maine Tax Bill

$3,200

Median United States Tax Bill

$2,400

Property Tax Bills Across Warren, Knox County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
04864	$1,473	$2,365	$3,218	$4,056	$5,067

Source: Ownwell