Carroll Plt, Penobscot County, Maine Property Taxes

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

Median CARROLL PLT, ME effective property tax rate: 1.29%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median CARROLL PLT, ME home value: $73,580
Median annual CARROLL PLT, ME tax bill: $949, $1,451 lower than the national median property tax bill of $2,400.

How are property taxes in Penobscot calculated?

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

Last Updated March 1, 2025

Carroll Plt, Penobscot County, Maine Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.29%

Estimate Property Tax Bill

$949

$881

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

Property Tax Rates Across Carroll Plt, Penobscot County, Maine

Local government entities are responsible for setting tax rates, which can vary widely within Maine. Each county annually estimates its required budget to provide essential services, then 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 play a role in setting tax rates and budgets, this is the essence of the annual process.

In Carroll Plt, located in Penobscot County, the effective property tax rate offers an interesting comparison to other cities in Maine, as well as the median property tax rates in Maine and the U.S. With a median property tax rate of 1.29%, Carroll Plt aligns with the highest and lowest median tax rates in the state, both recorded in the same zip code, 04487. This rate is notably higher than the national median property tax rate of 1.02%. Understanding these differences can help property owners in Carroll Plt make informed decisions regarding property tax appeals and exemptions.

Property Tax Rates Across Carroll Plt, Penobscot County, Maine

Source: Ownwell

0.83%

2.07%

3.32%

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 Carroll Plt Tax Rate

1.29%

Median Effective Penobscot County Tax Rate

1.92%

Median Effective Maine Tax Rate

1.57%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Carroll Plt, Penobscot County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
04487	1.29%	1.29%	1.29%	1.29%	1.29%

Source: Ownwell

Property Tax Assessment Values Across Carroll Plt, Penobscot County, Maine

When examining property taxes in CARROLL PLT, 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 Penobscot 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 Penobscot 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 CARROLL PLT. For example, the median home price in CARROLL PLT is $73,580, with tax bills ranging significantly across the county. 04487 has the highest median home price at $73,580.

Property Tax Assessment Values Across Carroll Plt, Penobscot County, Maine

Source: Ownwell

$49,573

$134,232

$218,890

Median Carroll Plt Market Value

$73,580

Median Penobscot County Market Value

$141,580

Median Maine Market Value

$204,200

Median United States Market Value

$235,294

Property Tax Assessment Values Across Carroll Plt, Penobscot County, Maine

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
04487	$31,135	$41,442	$73,580	$91,602	$151,920

Source: Ownwell

Property Tax Bills Across Carroll Plt, Penobscot County, Maine

In Carroll Plt, located in Penobscot County, ME, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price here stands at $73,580, significantly lower than the national median. Homeowners face a median property tax bill of $949, which is considerably below the national median of $2,400. This difference highlights the relatively lower property tax burden in Carroll Plt. However, tax bills can vary widely, with the 25th percentile at $534 and the 90th percentile reaching up to $1,960. These variations are influenced by factors such as property size, location, and any applicable exemptions. For homeowners seeking to reduce their property tax bills, Ownwell offers expert property tax appeal and exemption services. By analyzing your property's assessed value and comparing it with similar properties, Ownwell can identify potential savings and guide you through the appeal process, helping to ensure you're not overpaying on your property taxes.

Property Tax Bills Across Carroll Plt, Penobscot County, Maine

Source: Ownwell

$575

$2,490

$4,405

Median Carroll Plt Tax Bill

$949

Median Penobscot County Tax Bill

$2,548

Median Maine Tax Bill

$3,200

Median United States Tax Bill

$2,400

Property Tax Bills Across Carroll Plt, Penobscot County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
04487	$402	$534	$949	$1,182	$1,960

Source: Ownwell