Georgetown, Sagadahoc County, Maine Property Taxes
Median Georgetown, ME effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Georgetown, ME home value: $322,200
Median annual Georgetown, ME tax bill: $2,848, $448 higher than the national median property tax bill of $2,400.
How are property taxes in Sagadahoc calculated?
Property taxes in Georgetown, 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 Georgetown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Georgetown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Georgetown, Sagadahoc County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.88%
Estimate Property Tax Bill
$2,835
$2,631
Property Tax Rates Across Georgetown, Sagadahoc County, Maine
Local government entities set tax rates, which can vary widely within a state. This variability arises because each county annually estimates its budgetary needs to deliver essential services and then divides this amount by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Georgetown, located in Sagadahoc County, Maine, the effective property tax rate stands at 0.88%. When compared to the national median property tax rate of 1.02%, Georgetown’s rate is notably lower. This can translate into significant savings for property owners in the area. For those considering property investment or relocation, Georgetown offers an attractive tax environment. The lower tax rate can provide more financial flexibility and enhance the overall affordability of living in this charming locale. As you consider your options, understanding how these rates compare to other regions can help you make informed decisions about property investments.
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 Georgetown Tax Rate
0.88%
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 Sagadahoc County Tax Rate
1.54%
Median Effective Maine Tax Rate
1.57%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Georgetown, Sagadahoc County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04548 | 0.88% | 0.88% | 0.88% | 0.88% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Georgetown, Sagadahoc County, Maine
When examining property taxes in Georgetown, 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 Sagadahoc 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 Sagadahoc 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 Georgetown.
For example, the median home price in Georgetown is $322,200, with tax bills ranging significantly across the county. Zip code 04548 has the highest median home price at $322,200.
Property Tax Assessment Values Across Georgetown, Sagadahoc County, Maine
Source: Ownwell
$138,800
$236,175
$333,550
Median Georgetown Market Value
$322,200
Median Sagadahoc County Market Value
$236,900
Median Maine Market Value
$204,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Georgetown, Sagadahoc County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04548 | $179,720 | $226,800 | $322,200 | $506,000 | $772,580 |
Source: Ownwell
Property Tax Bills Across Georgetown, Sagadahoc County, Maine
In Georgetown, located in Sagadahoc County, ME, property tax bills are calculated based on the assessed value of a home. The median home price in the area is $322,200. The tax rate is applied to this assessed value to determine the tax bill. Homeowners in Georgetown typically receive a tax bill that varies significantly, with amounts ranging from the 25th percentile of $2,005 to the 90th percentile of $6,830. The median tax bill stands at $2,848, which is slightly above the national median property tax bill of $2,400. Factors such as property size, location, and improvements can influence the assessed value and, consequently, the tax bill.
Homeowners can benefit from appealing their property tax assessments to potentially lower their tax bills. This is where Ownwell comes in, providing expertise in property tax appeal and exemption services. By analyzing property assessments and market data, Ownwell can identify opportunities for homeowners to reduce their property tax obligations, ensuring they only pay their fair share.
Median Georgetown Tax Bill
$2,848
Median Sagadahoc County Tax Bill
$3,525
Median Maine Tax Bill
$3,200
Median United States Tax Bill
$2,400
Property Tax Bills Across Georgetown, Sagadahoc County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04548 | $1,589 | $2,005 | $2,848 | $4,473 | $6,830 |
Source: Ownwell