Trescott Twp, Washington County, Maine Property Taxes
Median Trescott Twp, ME effective property tax rate: 0.85%, significantly lower than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Trescott Twp, ME home value: $123,660
Median annual Trescott Twp, ME tax bill: $1,051, $1,349 lower than the national median property tax bill of $2,400.
How are property taxes in Washington County calculated?
Property taxes in Trescott Twp, 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 Trescott Twp’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Trescott Twp, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Trescott Twp, Washington County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.85%
Estimate Property Tax Bill
$1,051
$975
Property Tax Rates Across Trescott Twp, Washington County, Maine
Local government entities determine tax rates, which can differ significantly within a state. Each county calculates its budget needs to provide services and divides that by the total value of all taxable property in its area. This calculation leads to the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In TRESCOTT TWP, located in Washington County, ME, the effective property tax rate is 0.85%. This rate is consistent with both the highest and lowest median tax rates within the state, as recorded in the same zip code, 04652. Comparatively, this rate is below the national median property tax rate of 1.02%. This means that residents of TRESCOTT TWP benefit from a lower property tax rate compared to the national average, potentially resulting in lower annual property tax bills than the national median of $2400. Understanding these differences can help property owners make informed decisions and manage their tax liabilities effectively.
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 Trescott Twp Tax Rate
0.85%
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 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 Trescott Twp, Washington County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04652 | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across Trescott Twp, Washington County, Maine
When examining property taxes in Trescott Twp, 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.
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 Trescott Twp. For example, the median home price in Trescott Twp is $123,660, with tax bills ranging significantly across the county. Zip code 04652 has the highest median home price at $123,660.
Property Tax Assessment Values Across Trescott Twp, Washington County, Maine
Source: Ownwell
$40,740
$112,570
$184,400
Median Trescott Twp Market Value
$123,660
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 Trescott Twp, Washington County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04652 | $30,282 | $52,530 | $123,660 | $173,765 | $236,569 |
Source: Ownwell
Property Tax Bills Across Trescott Twp, Washington County, Maine
Median Trescott Twp Tax Bill
$1,051
Median Washington County Tax Bill
$1,700
Median Maine Tax Bill
$3,200
Median United States Tax Bill
$2,400
Property Tax Bills Across Trescott Twp, Washington County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04652 | $257 | $446 | $1,051 | $1,477 | $2,011 |
Source: Ownwell