Patten, Penobscot County, Maine Property Taxes
Median Patten, ME effective property tax rate: 2.80%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Patten, ME home value: $52,800
Median annual Patten, ME tax bill: $1,442, $958 lower than the national median property tax bill of $2,400.
How are property taxes in Penobscot calculated?
Property taxes in Patten, 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 Patten’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Patten, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Patten, Penobscot County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.8%
Estimate Property Tax Bill
$1,478
$1,372
Property Tax Rates Across Patten, Penobscot County, Maine
Local government entities set tax rates, which can vary widely within a state. This occurs because each county annually estimates its required budget for services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws influence tax rates and budgets, this is essentially the annual process.
In Patten, located in Penobscot County, the effective property tax rate is notably higher than the national median. With Patten's rate at 2.80%, it stands out even within Maine, where tax rates can fluctuate significantly across different areas. This rate is considerably above the national median property tax rate of 1.02%, reflecting the unique budgetary needs and property values in the region.
By comparing Patten’s tax rate to other cities in Maine and the U.S., property owners can gain insight into how local fiscal policies and property assessments impact their annual tax bills. Understanding these variations can help homeowners make informed decisions about property investments and financial planning, especially in areas with higher tax rates like Patten.
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 Patten Tax Rate
2.80%
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 Patten, Penobscot County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04765 | 2.80% | 2.80% | 2.80% | 2.80% | 2.80% |
Source: Ownwell
Property Tax Assessment Values Across Patten, Penobscot County, Maine
When examining property taxes in Patten, 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 Patten.
For example, the median home price in Patten is $52,800, with tax bills ranging significantly across the county. 04765 has the highest median home price at $52,800.
Property Tax Assessment Values Across Patten, Penobscot County, Maine
Source: Ownwell
$49,573
$134,232
$218,890
Median Patten Market Value
$52,800
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 Patten, Penobscot County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04765 | $30,600 | $37,500 | $52,800 | $74,300 | $109,280 |
Source: Ownwell
Property Tax Bills Across Patten, Penobscot County, Maine
Median Patten Tax Bill
$1,442
Median Penobscot County Tax Bill
$2,548
Median Maine Tax Bill
$3,200
Median United States Tax Bill
$2,400
Property Tax Bills Across Patten, Penobscot County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04765 | $833 | $1,044 | $1,442 | $2,033 | $2,668 |
Source: Ownwell