Bethel, Oxford County, Maine Property Taxes
Median Bethel, ME effective property tax rate: 1.22%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Bethel, ME home value: $212,450
Median annual Bethel, ME tax bill: $2,600, $200 higher than the national median property tax bill of $2,400.
How are property taxes in Oxford calculated?
Property taxes in Bethel, 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 Bethel’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bethel, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bethel, Oxford County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.22%
Estimate Property Tax Bill
$2,592
$2,405
Property Tax Rates Across Bethel, Oxford County, Maine
As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because annually, 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. Below, you can compare Bethel’s effective property tax rate to other cities in Maine and the median property tax rates in Maine and the U.S.
Bethel, located in Oxford County, has a property tax rate of 1.22%, matching the highest and lowest median tax rates in the state. This rate is notably higher than the national median property tax rate of 1.02%, reflecting the local budgetary requirements and property values. Residents of Bethel pay a higher percentage of their property’s assessed value in taxes compared to the average U.S. homeowner. Understanding these rates can help property owners in Bethel anticipate their tax liabilities and consider potential savings through tax appeal and exemption services.
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 Bethel Tax Rate
1.22%
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 Oxford County Tax Rate
1.50%
Median Effective Maine Tax Rate
1.57%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bethel, Oxford County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04217 | 1.22% | 1.22% | 1.22% | 1.22% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Bethel, Oxford County, Maine
When examining property taxes in Bethel, 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 Oxford 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.
Assessment notices: In Oxford 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 Bethel. For example, the median home price in Bethel is $212,450, with tax bills ranging significantly across the county. 04217 has the highest median home price at $212,450.
Property Tax Assessment Values Across Bethel, Oxford County, Maine
Source: Ownwell
$26,046
$119,248
$212,450
Median Bethel Market Value
$212,450
Median Oxford County Market Value
$138,018
Median Maine Market Value
$204,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bethel, Oxford County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04217 | $113,060 | $154,275 | $212,450 | $299,575 | $412,870 |
Source: Ownwell
Property Tax Bills Across Bethel, Oxford County, Maine
Median Bethel Tax Bill
$2,600
Median Oxford County Tax Bill
$2,200
Median Maine Tax Bill
$3,200
Median United States Tax Bill
$2,400
Property Tax Bills Across Bethel, Oxford County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04217 | $1,382 | $1,884 | $2,600 | $3,663 | $5,054 |
Source: Ownwell