West Rockport, Knox County, Maine Property Taxes
Median West Rockport, ME effective property tax rate: 1.54%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median West Rockport, ME home value: $342,500
Median annual West Rockport, ME tax bill: $5,292, $2,892 higher than the national median property tax bill of $2,400.
How are property taxes in Knox County calculated?
Property taxes in West Rockport, 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 West Rockport’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in West Rockport, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
West Rockport, Knox County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.54%
Estimate Property Tax Bill
$5,275
$4,895
Property Tax Rates Across West Rockport, Knox County, Maine
Local government entities in Maine set tax rates, which can vary widely across the state. Each year, Knox County estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate for areas like West Rockport. While votes and laws influence these tax rates and budgets, this is the core process.
West Rockport's effective property tax rate can be compared to other cities in Maine, as well as the median rates in the state and the U.S. The median property tax rate in Maine is 1.54%, which is higher than the national median rate of 1.02%. This means homeowners in West Rockport may face higher property tax bills compared to the national average. However, understanding these rates and how they are determined can empower property owners to make informed decisions about tax appeals and exemptions, potentially leading to significant savings.
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 West Rockport Tax Rate
1.54%
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 West Rockport, Knox County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04865 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across West Rockport, Knox County, Maine
When examining property taxes in West Rockport, 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 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 West Rockport.
For example, the median home price in West Rockport is $342,500, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across West Rockport, Knox County, Maine
Source: Ownwell
$159,200
$280,900
$402,600
Median West Rockport Market Value
$342,500
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 West Rockport, Knox County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04865 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across West Rockport, Knox County, Maine
In West Rockport, located in Knox County, ME, property tax bills are determined by assessing the value of a home and applying the local tax rate to this assessed value. The median home price here is $342,500, which influences the tax bill significantly. With property taxes, the assessed value of a home is a crucial factor, reflecting both market conditions and property characteristics. Homeowners in West Rockport face tax bills that can vary widely, with the 25th percentile at $4,857 and the 75th percentile reaching $5,726, highlighting the impact of property value assessments on tax obligations. The 90th percentile tax bill is $5,986, which is notably above the national median property tax bill of $2,400, indicating a higher burden on local homeowners.
Ownwell offers a solution to help homeowners in West Rockport reduce their property tax bills through expert property tax appeal services. By analyzing market conditions and property assessments, Ownwell identifies opportunities for savings, potentially lowering the tax burden and ensuring homeowners aren't overpaying on their property taxes.
Median West Rockport Tax Bill
$5,292
Median Knox County Tax Bill
$3,340
Median Maine Tax Bill
$3,200
Median United States Tax Bill
$2,400
Property Tax Bills Across West Rockport, Knox County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04865 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell