04419 Property Tax Rate

Property owners in ZIP code 04419 (Carmel, Maine) pay a median of $2,732/year in property taxes on homes valued at $234,600. This translates to an effective tax rate of 1.16%, which is 12% above the Maine state average of 1.04%.

The monthly property tax burden for a median-valued home in 04419 is approximately $228, which factors into escrow payments on mortgages. This ZIP code is located within Penobscot County.

Compared to similar ZIP codes in Maine, 04419 has higher property taxes. ZIP codes with similar effective rates include 04239 (1.16%) and 04986 (1.17%).

In Carmel, property taxes represent approximately 3.0% of the median household income of $89,615, providing context for the relative tax burden on homeowners in this area.

Maine has no statewide property tax cap — your assessment resets to market value at purchase, and the Penobscot County Assessor will establish a new base for annual increases. The Maine Homestead Property Tax Exemption exempts $25,000 of assessed value from state and local property taxes; file with the Penobscot County Assessor's office by April 1 of the year following purchase. Contact the Penobscot County Assessor immediately after closing to confirm your filing deadline and obtain your Notice of Valuation.