Fairfield, Somerset County, Maine Property Taxes
Property Taxes in Fairfield, Maine
Median Fairfield, Maine effective property tax rate: 2.15%, significantly higher than the national median of 1.02%, and higher than the Maine state median of 1.47%.
Median Fairfield, Maine home value: $103,950
Median annual Fairfield, Maine tax bill: $2,234, $166 lower than the national median property tax bill of $2,400.
How are property taxes in Somerset calculated?
Property taxes in Fairfield, 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 Fairfield's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fairfield, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Fairfield, Somerset County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.15%
Estimate Property Tax Bill
$2,235
$2,074
How Does the Fairfield Property Tax Calculator Work?
Use this Fairfield property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Fairfield's median effective tax rate of 2.15% — based on actual property records in Somerset County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Fairfield's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Fairfield's median effective tax rate is higher than the Maine state median of 1.47% and higher than the Somerset County median. Even so, the median property tax bill is $2,234, which is $166 lower than the state median bill and below the national median property tax bill of $2,400.
Your bill may vary by ZIP code within Fairfield: rates range from 2.15% in 04937 to 2.15% in 04937, 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 Fairfield.
About Fairfield Property Taxes
About Property Taxes in Fairfield, Somerset, Maine
Fairfield’s median effective property tax rate of 2.15% is higher than the Maine state median of 1.47% and higher than the national median of 1.02%. This rate reflects the Somerset 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 Fairfield. Homeowners in the 04937 ZIP code carry a median effective rate of 2.15%, while those in the same ZIP code pay 2.15%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Somerset County. Understanding which part of Fairfield you live in can make a meaningful difference to your annual tax bill.
Fairfield homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the March 30, 2026 deadline each year.
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 Fairfield, Somerset 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 Fairfield'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 ÷ 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 Fairfield Tax Rate
2.15%
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 Somerset County Tax Rate
1.64%
Median Effective Maine Tax Rate
1.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fairfield, Somerset County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04937 | 2.15% | 2.15% | 2.15% | 2.15% | 2.15% |
Source: Ownwell
Property Tax Assessment Values Across Fairfield, Somerset County, Maine
When examining property taxes in Fairfield, 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 Somerset 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 Somerset County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Fairfield.
For example, the median home price in Fairfield is $103,950, with tax bills ranging significantly across the county. 04937 has the highest median home price at $103,950.
Property Tax Assessment Values Across Fairfield, Somerset County, Maine
Source: Ownwell
$80,745
$200,663
$320,580
Median Fairfield Market Value
$103,950
Median Somerset County Market Value
$130,600
Median Maine Market Value
$242,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fairfield, Somerset County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04937 | $46,690 | $77,875 | $103,950 | $135,900 | $179,370 |
Source: Ownwell
Property Tax Bills Across Fairfield, Somerset County, Maine
Fairfield property tax bills are calculated using the assessed value of a home and the local tax rate set by the city and county. When a home’s market value changes, the assessed value may change too, which can raise or lower the tax bill. For homeowners, this means the amount owed is tied not just to the home itself, but also to how local taxing authorities value it and apply the rate.
With a median home price of $103,950, Fairfield homeowners often see bills that reflect a smaller tax base than many parts of the country, but the final amount still depends on the assessment process. The typical tax bill in the area falls between $1,672 and $2,920, with the highest median tax bill at $2,234 in ZIP code 04937. Those differences show how location and valuation can affect what homeowners pay each year.
Median Fairfield Tax Bill
$2,234
Median Somerset County Tax Bill
$2,049
Median Maine Tax Bill
$3,569
Median United States Tax Bill
$2,400
Property Tax Bills Across Fairfield, Somerset County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04937 | $1,002 | $1,672 | $2,234 | $2,920 | $3,856 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | January 1 |
Links | |
|---|---|
| Somerset Tax Assessor | |
| Website | www.searchiqs.com |