04422 Property Tax Rate

Property owners in ZIP code 04422 (Charleston, Maine) pay a median of $1,813/year in property taxes on homes valued at $222,600. This translates to an effective tax rate of 0.81%, which is 21% below the Maine state average of 1.04%.

The monthly property tax burden for a median-valued home in 04422 is approximately $151, which factors into escrow payments on mortgages. This ZIP code is located within Penobscot County. This is $741 less than the Maine average of $2,554/year.

Compared to similar ZIP codes in Maine, 04422 has lower property taxes. ZIP codes with similar effective rates include 04627 (0.81%) and 04471 (0.81%).

In Charleston, property taxes represent approximately 2.4% of the median household income of $75,795, 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.