Hermon, Penobscot County, Maine Property Taxes
Property Taxes in Hermon, Maine
Median Hermon, Maine effective property tax rate: 1.09%, significantly lower than the national median of 1.02%, and lower than the Maine state median of 1.47%.
Median Hermon, Maine home value: $268,200
Median annual Hermon, Maine tax bill: $2,923, higher than the national median property tax bill of $2,400.
How are property taxes in Penobscot calculated?
Property taxes in Hermon, Maine 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 Hermon’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hermon, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Hermon, Penobscot County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.09%
Estimate Property Tax Bill
$2,923
$2,713
How Does the Hermon Property Tax Calculator Work?
Use this Hermon property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Hermon's median effective tax rate of 1.09% — based on actual property records in Penobscot County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Hermon's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Hermon: rates range from 1.09% in 04401 to 1.09% in 04401, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Hermon.
About Hermon Property Taxes
About Property Taxes in Hermon, Penobscot, Maine
Hermon’s median effective property tax rate of 1.09% is lower than the Maine state median of 1.47% and higher than the national median of 1.02%. This rate reflects the Penobscot County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Hermon. Homeowners in the 04401 ZIP code carry a median effective rate of 1.09%, while those in 04401 pay 1.09%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Penobscot County. Understanding which part of Hermon you live in can make a meaningful difference to your annual tax bill.
Hermon homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before January 1, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Hermon, Penobscot 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 Hermon's effective property tax rate to other cities in Maine and the median property tax rates in Maine and the U.S.
Our median effective property tax rate (tax bill Ă· 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 Hermon Tax Rate
1.09%
Our median effective property tax rate (tax bill Ă· 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
1.85%
Median Effective Maine Tax Rate
1.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hermon, Penobscot County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04401 | 1.09% | 1.09% | 1.09% | 1.09% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Hermon, Penobscot County, Maine
When examining property taxes in Hermon, Maine, 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.
Assessment notices:
In Penobscot County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of May.
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 understanding how assessed and market values are determined, property owners can better navigate their tax responsibilities in Hermon.
For example, the median home price in Hermon is $268,200, with tax bills ranging significantly across the county. 04401 has the highest median home price at $268,200.
Property Tax Assessment Values Across Hermon, Penobscot County, Maine
Source: Ownwell
$64,300
$166,250
$268,200
Median Hermon Market Value
$268,200
Median Penobscot County Market Value
$172,200
Median Maine Market Value
$242,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hermon, Penobscot County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04401 | $119,680 | $195,500 | $268,200 | $344,400 | $430,620 |
Source: Ownwell
Property Tax Bills Across Hermon, Penobscot County, Maine
Property tax bills in Hermon are calculated by applying the local tax rate to a home’s assessed value, which is based on the property’s market value and the rules used by the taxing authority. For homeowners, the final bill depends on how the home is valued, the tax rate set by the city and county, and any exemptions or adjustments that may apply.
With a median home price of $268,200, the typical tax burden in Hermon is $2,923, which is above the national median property tax bill of $2,400. That means many homeowners here pay more than the typical U.S. homeowner, even though actual bills can vary widely.
In Hermon, tax bills often fall between $2,131 at the 25th percentile and $3,754 at the 75th percentile, with the 90th percentile reaching $4,696. Because property taxes are tied to assessed value, changes in the housing market or a reassessment can raise or lower a homeowner’s bill.
Median Hermon Tax Bill
$2,923
Median Penobscot County Tax Bill
$2,910
Median Maine Tax Bill
$3,569
Median United States Tax Bill
$2,400
Property Tax Bills Across Hermon, Penobscot County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04401 | $1,305 | $2,131 | $2,923 | $3,754 | $4,696 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | January 1 |
Links | |
|---|---|
| Penobscot Tax Assessor | |
| Website | www.vgsi.com |