New Harbor, Lincoln County, Maine Property Taxes
- Median New Harbor, ME effective property tax rate: 0.72%, significantly lower than the national median of 1.02%, but lower than the Maine state median of 1.57%.
- Median New Harbor, ME home value: $284,000
- Median annual New Harbor, ME tax bill: $2,045, $355 lower than the national median property tax bill of $2,400.
How are property taxes in Lincoln calculated?
Property taxes in New Harbor, 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 New Harbor’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Harbor, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
New Harbor, Lincoln County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.72%
Estimate Property Tax Bill
$2,045
$1,898
Property Tax Rates Across New Harbor, Lincoln 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, in a nutshell, this is the annual process.
New Harbor in Lincoln County, ME, has an effective property tax rate of 0.72%. This is below the national median property tax rate of 1.02%, making it an appealing location for property owners looking for lower tax obligations. The median property tax bill in New Harbor is also likely to be lower compared to the national median of $2,400. Comparing New Harbor’s effective property tax rate to other cities in Maine, it remains competitive within the state. The property tax rates in Maine can vary, but New Harbor stands out with its relatively low rate. This can be particularly advantageous for homeowners and investors seeking to minimize their annual property tax expenses while enjoying the benefits of residing in a charming coastal town.
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 New Harbor Tax Rate
0.72%
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 Lincoln County Tax Rate
1.40%
Median Effective Maine Tax Rate
1.57%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across New Harbor, Lincoln County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04554 | 0.72% | 0.72% | 0.72% | 0.72% | 0.72% |
Source: Ownwell
Property Tax Assessment Values Across New Harbor, Lincoln County, Maine
When examining property taxes in New Harbor, 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 Lincoln 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 Lincoln 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 New Harbor. For example, the median home price in New Harbor is $284,000, with tax bills ranging significantly across the county. Zip code 04554 has the highest median home price at $284,000.
Property Tax Assessment Values Across New Harbor, Lincoln County, Maine
Source: Ownwell
$125,200
$379,800
$634,400
Median New Harbor Market Value
$284,000
Median Lincoln County Market Value
$224,290
Median Maine Market Value
$204,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across New Harbor, Lincoln County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04554 | $164,240 | $202,550 | $284,000 | $500,700 | $750,320 |
Source: Ownwell
Property Tax Bills Across New Harbor, Lincoln County, Maine
Median New Harbor Tax Bill
$2,045
Median Lincoln County Tax Bill
$2,866
Median Maine Tax Bill
$3,200
Median United States Tax Bill
$2,400
Property Tax Bills Across New Harbor, Lincoln County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04554 | $1,182 | $1,458 | $2,045 | $3,605 | $5,402 |
Source: Ownwell