Buxton, York County, Maine Property Taxes
Median Buxton, ME effective property tax rate: 1.04%, slightly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%.
Median Buxton, ME home value: $352,400
Median annual Buxton, ME tax bill: $3,676, $1,276 higher than the national median property tax bill of $2,400.
How are property taxes in York calculated?
Property taxes in Buxton, 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 Buxton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Buxton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Buxton, York County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.04%
Estimate Property Tax Bill
$3,665
$3,401
Property Tax Rates Across Buxton, York County, Maine
Local government entities determine property tax rates, which can significantly differ within a state. This variation occurs because each year, counties calculate their required budgets to fund essential services and divide this by the total assessed value of all taxable properties within their borders. The outcome is the property tax rate. Although setting these rates involves votes and legal frameworks, this annual process is the essence of how it works.
You can compare Buxton’s effective property tax rate to other cities in Maine and the median property tax rates in Maine and the U.S. Maine's median property tax rate stands at 1.04%, slightly above the national median of 1.02%. This indicates that property owners in Buxton may experience tax rates that align with the state average. By understanding these rates, property owners can better anticipate their annual tax obligations and plan accordingly. This insight is crucial for managing finances and ensuring compliance with local tax regulations.
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 Buxton Tax Rate
1.04%
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 York County Tax Rate
1.32%
Median Effective Maine Tax Rate
1.57%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Buxton, York County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04093 | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Buxton, York County, Maine
When examining property taxes in Buxton, 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 York County assessment office 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 York 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 Buxton.
For example, the median home price in Buxton is $352,400, with tax bills ranging significantly across the county. Zip code 04093 has the highest median home price at $352,400.
Property Tax Assessment Values Across Buxton, York County, Maine
Source: Ownwell
$155,269
$527,635
$900,000
Median Buxton Market Value
$352,400
Median York County Market Value
$307,400
Median Maine Market Value
$204,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Buxton, York County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04093 | $184,580 | $272,200 | $352,400 | $451,950 | $556,200 |
Source: Ownwell
Property Tax Bills Across Buxton, York County, Maine
Median Buxton Tax Bill
$3,676
Median York County Tax Bill
$3,841
Median Maine Tax Bill
$3,200
Median United States Tax Bill
$2,400
Property Tax Bills Across Buxton, York County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04093 | $1,925 | $2,839 | $3,676 | $4,714 | $5,801 |
Source: Ownwell