Milbridge, Washington County, Maine Property Taxes

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

Median Milbridge, ME effective property tax rate: 1.52%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Milbridge, ME home value: $110,200
Median annual Milbridge, ME tax bill: $1,675, $725 lower than the national median property tax bill of $2,400.

How are property taxes in Washington County calculated?

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

Last Updated March 1, 2025

Milbridge, Washington County, Maine Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.52%

Estimate Property Tax Bill

$1,675

$1,554

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

Property Tax Rates Across Milbridge, Washington County, Maine

Local government entities set tax rates, and these can vary widely within a state. Why is this the case? Each year, counties estimate the budget required to provide services and then divide that by the total value of all taxable property in their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell. Below, you can compare Milbridge’s effective property tax rate to other cities in Maine and the median property tax rates in Maine and the U.S.

Property Tax Rates Across Milbridge, Washington County, Maine

Source: Ownwell

0.70%

1.65%

2.60%

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 Milbridge Tax Rate

1.52%

Median Effective Washington County Tax Rate

1.70%

Median Effective Maine Tax Rate

1.57%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Milbridge, Washington County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
04658	1.52%	1.52%	1.52%	1.52%	1.52%

Source: Ownwell

Property Tax Assessment Values Across Milbridge, Washington County, Maine

When examining property taxes in Milbridge, 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 Washington 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. Assessment notices: In Washington 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 Milbridge. For example, the median home price in Milbridge is $110,200, with tax bills ranging significantly across the county. 04658 has the highest median home price at $110,200.

Property Tax Assessment Values Across Milbridge, Washington County, Maine

Source: Ownwell

$40,740

$112,570

$184,400

Median Milbridge Market Value

$110,200

Median Washington County Market Value

$97,800

Median Maine Market Value

$204,200

Median United States Market Value

$235,294

Property Tax Assessment Values Across Milbridge, Washington County, Maine

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
04658	$51,240	$75,550	$110,200	$172,600	$257,380

Source: Ownwell

Property Tax Bills Across Milbridge, Washington County, Maine

In Milbridge, located in Washington County, ME, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. In this area, the median home price is $110,200, and tax bills can vary significantly. For instance, the 25th percentile tax bill is $1,148, while the 75th percentile reaches $2,624, and the 90th percentile goes up to $3,913. These figures are influenced by various factors, including the property's location, size, and condition.

Homeowners in Milbridge may find their property tax bills higher than the national median tax bill of $2,400, making it crucial to explore potential savings. This is where Ownwell can assist homeowners by providing expert property tax appeal and exemption services. By ensuring that properties are accurately assessed and by identifying potential exemptions, Ownwell helps homeowners reduce their tax burden, potentially saving them significant amounts annually.

Property Tax Bills Across Milbridge, Washington County, Maine

Source: Ownwell

$566

$1,438

$2,310

Median Milbridge Tax Bill

$1,675

Median Washington County Tax Bill

$1,700

Median Maine Tax Bill

$3,200

Median United States Tax Bill

$2,400

Property Tax Bills Across Milbridge, Washington County, Maine

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
04658	$779	$1,148	$1,675	$2,624	$3,913

Source: Ownwell