Dexter, Penobscot County, Maine Property Taxes
Median Dexter, ME effective property tax rate: 2.00%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Dexter, ME home value: $95,450
Median annual Dexter, ME tax bill: $1,908, $492 lower than the national median property tax bill of $2,400.
How are property taxes in Penobscot calculated?
Property taxes in Dexter, 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 Dexter’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dexter, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Dexter, Penobscot County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2%
Estimate Property Tax Bill
$1,909
$1,771
Property Tax Rates Across Dexter, Penobscot County, Maine
Local government entities set tax rates, which can vary widely within a state. This is because each county annually 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.
In Dexter, located in Penobscot County, ME, the effective property tax rate stands at 2.00%. This rate is notably higher than the national median property tax rate of 1.02%. With property taxes playing a significant role in funding essential local services, understanding how Dexter’s rate compares to other cities in Maine and the U.S. can provide valuable insights for property owners. The uniformity of the tax rate across the county means Dexter shares the same rate with other localities in Penobscot, making it one of the higher rates in the state. For property owners in Dexter, these rates underscore the importance of exploring potential tax appeals or exemptions to manage their property tax liabilities effectively.
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 Dexter Tax Rate
2.00%
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 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 Dexter, Penobscot County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04930 | 2.00% | 2.00% | 2.00% | 2.00% | 2.00% |
Source: Ownwell
Property Tax Assessment Values Across Dexter, Penobscot County, Maine
When examining property taxes in Dexter, 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 Assessor 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 Penobscot County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Dexter. For example, the median home price in Dexter is $95,450, with tax bills ranging significantly across the county. 04930 has the highest median home price at $95,450.
Property Tax Assessment Values Across Dexter, Penobscot County, Maine
Source: Ownwell
$49,573
$134,232
$218,890
Median Dexter Market Value
$95,450
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 Dexter, Penobscot County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04930 | $25,240 | $64,150 | $95,450 | $132,250 | $178,500 |
Source: Ownwell
Property Tax Bills Across Dexter, Penobscot County, Maine
Median Dexter Tax Bill
$1,908
Median Penobscot County Tax Bill
$2,548
Median Maine Tax Bill
$3,200
Median United States Tax Bill
$2,400
Property Tax Bills Across Dexter, Penobscot County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04930 | $508 | $1,282 | $1,908 | $2,643 | $3,570 |
Source: Ownwell