Property taxes in Somerset County, Maine
Homes in Somerset County pay about 1.08% of their value in property taxes each year, or about $2,685 on a home at the local median sale price of $248,643. That’s about the same as the typical county in Maine (1.04%).
Effective rate1.08%Of home value per year
Rank in Maine#6 of 161 = highest rate
Tax at the median sale price$2,685On $248,643
Estimated yearly and monthly tax by home price
| Home price | Per year | Per month |
|---|---|---|
| $250,000 | $2,700 | $225 |
| $400,000 | $4,320 | $360 |
| $600,000 | $6,480 | $540 |
| $800,000 | $8,640 | $720 |
| $1,000,000 | $10,800 | $900 |
How accurate is a county rate?
This is a county average: the median tax bill divided by the median home value. Your bill depends on the home’s assessed value, the town and school district, and any exemptions you qualify for. Ask for the home’s current tax bill before you make an offer.
Questions
What is the property tax rate in Somerset County, Maine?
About 1.08% of a home’s value per year, based on U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.
How much is property tax on a $400,000 home in Somerset County?
About $4,320 a year, or $360 a month.
Counties in Maine with similar rates
More for Somerset County
Somerset County loan limitsMaine closing costsAnson 04911 market dataAthens 04912 market dataBingham 04920 market dataCambridge 04923 market dataCanaan 04924 market dataCaratunk 04925 market dataDetroit 04929 market dataFairfield 04937 market dataHarmony 04942 market dataHartland 04943 market dataJackman 04945 market dataMadison 04950 market data
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.