Glenburn, Penobscot County, Maine Property Taxes

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

Median Glenburn, ME effective property tax rate: 1.68%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Glenburn, ME home value: $156,150
Median annual Glenburn, ME tax bill: $2,616, $216 higher than the national median property tax bill of $2,400.

How are property taxes in Penobscot County calculated?

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

Last Updated March 1, 2025

Glenburn, Penobscot County, Maine Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.68%

Estimate Property Tax Bill

$2,623

$2,434

Ownwell’s Glenburn Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Glenburn with just two data points.

By entering your property's estimated assessed value, our calculator applies Glenburn’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 Glenburn, Penobscot County, Maine

Local government entities in Glenburn, located in Penobscot County, ME, determine property tax rates that can fluctuate significantly across the state. Each year, counties calculate their budgetary needs for essential services and divide this by the assessed value of all taxable properties within their boundaries. This calculation establishes the property tax rate for the year. Although the process involves legislation and voting, this is the basic annual procedure.

Glenburn's effective property tax rate offers an interesting comparison to other cities across Maine, as well as to the state's median and the national median. The median property tax rate in Maine stands at 1.68%, which is notably higher than the national median of 1.02%. This indicates that property owners in Glenburn and the rest of the state tend to pay a higher percentage of their property value in taxes compared to the average U.S. property owner. Understanding these rates is crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Glenburn, 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 Glenburn Tax Rate

1.68%

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 Glenburn, Penobscot County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
04401	1.67%	1.67%	1.68%	1.68%	1.68%

Source: Ownwell

Property Tax Assessment Values Across Glenburn, Penobscot County, Maine

When examining property taxes in Glenburn, 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.

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 Glenburn.

For example, the median home price in Glenburn is $156,150, with tax bills ranging significantly across the county. The 04401 zip code has the highest median home price at $156,150, with a median tax bill of $2,616.

Property Tax Assessment Values Across Glenburn, Penobscot County, Maine

Source: Ownwell

$49,573

$134,232

$218,890

Median Glenburn Market Value

$156,150

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 Glenburn, Penobscot County, Maine

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
04401	$45,010	$102,125	$156,150	$205,780	$271,176

Source: Ownwell

Property Tax Bills Across Glenburn, Penobscot County, Maine

In Glenburn, located in Penobscot County, ME, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value of the property. The median home price in Glenburn is $156,150. Homeowners in this area can expect to pay a median property tax bill that aligns closely with the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $1,710 and the 75th percentile reaching $3,451. At the 90th percentile, tax bills can rise to $4,543, impacting homeowners' budgets considerably. Homeowners might find themselves paying more than necessary due to incorrect assessments or missed exemptions. This is where Ownwell steps in, offering expert property tax appeal services to ensure homeowners are not overpaying. By analyzing property assessments and identifying potential savings, Ownwell helps residents of Glenburn reduce their property tax bills, ultimately leading to significant savings.

Property Tax Bills Across Glenburn, Penobscot County, Maine

Source: Ownwell

$575

$2,490

$4,405

Median Glenburn Tax Bill

$2,616

Median Penobscot County Tax Bill

$2,548

Median Maine Tax Bill

$3,200

Median United States Tax Bill

$2,400

Property Tax Bills Across Glenburn, Penobscot County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
04401	$754	$1,710	$2,616	$3,451	$4,543

Source: Ownwell