Sanford, York County, Maine Property Taxes
Median Sanford, ME effective property tax rate: 1.51%, significantly higher than the national median of 1.02%, but lower than the Maine state median of 1.57%. Median Sanford, ME home value: $238,600. Median annual Sanford, ME tax bill: $3,612, $1,212 higher than the national median property tax bill of $2,400.
How are property taxes in York calculated?
Property taxes in Sanford, 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 Sanford’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sanford, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sanford, York County, Maine Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.51%
Estimate Property Tax Bill
$3,603
$3,343
Property Tax Rates Across Sanford, York County, Maine
Local government entities set property tax rates, which can vary significantly within a state. This is because each county annually estimates its budget needs to provide essential services and then divides this amount 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, this is the annual process in a nutshell.
Below, you can compare Sanford’s effective property tax rate to other cities in Maine and the median property tax rates in Maine and the U.S. Sanford, located in York County, has a median property tax rate of 1.51%, which is notably higher than the national median of 1.02%. This places Sanford among the higher-taxed areas in the state, reflecting the local government's needs and the value of taxable properties. Understanding these rates can help property owners anticipate their tax obligations and explore potential savings through appeals or exemptions.
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 Sanford Tax Rate
1.51%
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 Sanford, York County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04073 | 1.51% | 1.51% | 1.51% | 1.51% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Sanford, York County, Maine
When examining property taxes in Sanford, 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 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 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 Sanford.
For example, the median home price in Sanford is $238,600, with tax bills ranging significantly across the county. Zip code 04073 has the highest median home price at $238,600.
Property Tax Assessment Values Across Sanford, York County, Maine
Source: Ownwell
$155,269
$527,635
$900,000
Median Sanford Market Value
$238,600
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 Sanford, York County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04073 | $124,580 | $194,600 | $238,600 | $295,800 | $375,600 |
Source: Ownwell
Property Tax Bills Across Sanford, York County, Maine
In Sanford, ME, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This value is then multiplied by the local tax rate to establish the annual property tax bill. The median home price in Sanford is $238,600, with the median property tax bill being $3,612. This amount is significantly higher than the national median property tax bill of $2,400. Tax bills can range widely, with the 25th percentile at $2,948 and the 90th percentile reaching $5,674, reflecting variations in home values and assessment practices.
Factors influencing these assessments include property size, location, and market conditions. For homeowners, high property taxes can be a financial burden, impacting affordability and overall cost of living. Ownwell assists homeowners in reducing this burden by providing expert property tax appeal services. By analyzing property assessments and identifying discrepancies, Ownwell helps clients secure fairer tax bills, potentially saving them significant amounts annually.
Median Sanford Tax Bill
$3,612
Median York County Tax Bill
$3,841
Median Maine Tax Bill
$3,200
Median United States Tax Bill
$2,400
Property Tax Bills Across Sanford, York County, Maine
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 04073 | $1,910 | $2,948 | $3,612 | $4,476 | $5,674 |
Source: Ownwell