Scarborough, ME 04312

Effective tax rate

1.03%

Median home value

$171,000

Median annual tax

$1,761

vs. national median

-35%

vs. state average

-17%

Property tax calculator

$

Estimated annual tax

$1,761

Monthly escrow

$147

Daily cost

$4.82

How property tax is calculated in Penobscot County

Property tax in Scarborough, ME is calculated based on the assessed value of your property multiplied by the local tax rate. The effective tax rate in ZIP code 04312 is 1.03%, above the national median of 1.02%.

The formula is: Annual Tax = Assessed Value × (Tax Rate / 100). For a home valued at $171,000, the estimated annual property tax would be $1,761.

Penobscot County assesses properties periodically to determine fair market value. If you believe your assessment is too high, you have the right to appeal. Contact your county assessor's office for assessment schedules and appeal deadlines.

Property tax exemptions in Maine

Homestead exemption

Contact Penobscot County for eligibility

Senior citizen exemption

Contact Penobscot County for eligibility

Veteran exemption

Contact Penobscot County for eligibility

Disability exemption

Contact Penobscot County for eligibility

Frequently asked questions

What is the property tax rate in 04312?

The effective property tax rate in 04312 (Scarborough, Maine) is 1.03%. This means that on a home valued at $171,000, you would pay approximately $1,761 per year in property taxes.

How much is property tax on a $171,000 home in Scarborough?

Based on the effective rate of 1.03% in 04312, a home valued at $171,000 would pay approximately $1,761 per year in property taxes, or $147 per month.

How do I appeal my property tax in Maine?

To appeal your property tax assessment in Maine, you typically need to file a protest with your county's review board within the designated deadline. The process varies by county but generally involves gathering comparable sales data, submitting an appeal form, and attending a hearing.

What property tax exemptions are available in Maine?

Maine offers several property tax exemptions including homestead, senior citizen, veteran, and disability exemptions. Eligibility and amounts vary by program and local jurisdiction.

How does Scarborough property tax compare to the national average?

The effective property tax rate in 04312 (Scarborough) is 1.03%, compared to the national median of 1.02%. This means rates in Scarborough are above the national average.