Stockton Springs, Waldo County, Maine Property Taxes

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

Median STOCKTON SPRINGS, ME effective property tax rate: 2.22%, significantly higher than the national median of 1.02%, but lower than the ME state median of 1.57%.
Median STOCKTON SPRINGS, ME home value: $137,320
Median annual STOCKTON SPRINGS, ME tax bill: $3,037, $637 higher than the national median property tax bill of $2,400.

How are property taxes in Waldo calculated?

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

Last Updated March 1, 2025

Stockton Springs, Waldo County, Maine Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.22%

Estimate Property Tax Bill

$3,049

$2,829

Ownwell’s Stockton Springs Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Stockton Springs with just two data points. By entering your property's estimated assessed value, our calculator applies Stockton Springs’ 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 Waldo County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Stockton Springs, Waldo County, Maine

Local government entities set tax rates, which can vary significantly within a state. Each county estimates its required budget to provide essential 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. In Stockton Springs, located in Waldo County, Maine, the effective property tax rate stands at 2.22%. This rate is notably higher than the national median property tax rate of 1.02%. When compared to other cities in Maine, Stockton Springs maintains a consistent rate, as both the highest and lowest median tax rates in the state are also 2.22%. This indicates a uniformity in tax rates within the region, contrasting with the broader variability seen nationally. Understanding these rates is crucial for property owners seeking to manage their tax liabilities effectively.

Property Tax Rates Across Stockton Springs, Waldo County, Maine

Source: Ownwell

1.04%

1.67%

2.30%

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 Stockton Springs Tax Rate

2.22%

Median Effective Waldo County Tax Rate

1.74%

Median Effective Maine Tax Rate

1.57%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Stockton Springs, Waldo County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
04981	2.22%	2.22%	2.22%	2.22%	2.22%

Source: Ownwell

Property Tax Assessment Values Across Stockton Springs, Waldo County, Maine

When examining property taxes in Stockton Springs, 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 Waldo 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 Waldo 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 Stockton Springs.

For example, the median home price in Stockton Springs is $137,320, with tax bills ranging significantly across the county. Zip code 04981 has the highest median home price at $137,320.

Property Tax Assessment Values Across Stockton Springs, Waldo County, Maine

Source: Ownwell

$14,800

$161,850

$308,900

Median Stockton Springs Market Value

$137,320

Median Waldo County Market Value

$154,000

Median Maine Market Value

$204,200

Median United States Market Value

$235,294

Property Tax Assessment Values Across Stockton Springs, Waldo County, Maine

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
04981	$56,396	$89,330	$137,320	$199,980	$269,798

Source: Ownwell

Property Tax Bills Across Stockton Springs, Waldo County, Maine

In Stockton Springs, located in Waldo County, ME, property tax bills are determined by the assessed value of a home and the local tax rate. The median home price is $137,320, and the property tax rate is higher than the national median of 1.02%. This results in a typical tax bill of $3,037, which is above the national median property tax bill of $2,400. Factors influencing the tax bill include the property's assessed value, local government budgets, and public service funding needs. Homeowners in Stockton Springs face tax bills ranging from $1,982 at the 25th percentile to $5,991 at the 90th percentile, indicating a significant variation based on property value and location within the area. Ownwell assists homeowners by providing property tax appeal and exemption services, potentially lowering their tax burden. By analyzing property assessments and identifying discrepancies, Ownwell helps clients reduce their tax bills, ensuring they only pay their fair share. This service can lead to substantial savings, easing the financial burden on homeowners.

Property Tax Bills Across Stockton Springs, Waldo County, Maine

Source: Ownwell

$202

$2,025

$3,848

Median Stockton Springs Tax Bill

$3,037

Median Waldo County Tax Bill

$2,632

Median Maine Tax Bill

$3,200

Median United States Tax Bill

$2,400

Property Tax Bills Across Stockton Springs, Waldo County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
04981	$1,234	$1,982	$3,037	$4,428	$5,991

Source: Ownwell