04539 Property Tax Rate

Property owners in ZIP code 04539 (Bristol, Maine) pay a median of $2,434/year in property taxes on homes valued at $338,900. This translates to an effective tax rate of 0.72%, which is 31% below the Maine state average of 1.04%.

The monthly property tax burden for a median-valued home in 04539 is approximately $203, which factors into escrow payments on mortgages. This ZIP code is located within Lincoln County.

Compared to similar ZIP codes in Maine, 04539 has higher property taxes. ZIP codes with similar effective rates include 04646 (0.72%) and 04050 (0.72%).

In Bristol, property taxes represent approximately 2.6% of the median household income of $94,688, providing context for the relative tax burden on homeowners in this area.

Maine has no statewide property tax cap; Lincoln County reassesses at market value, and your property tax obligation reflects your purchase price. File for the Maine Homestead Property Tax Exemption ($7,500 off assessed value for primary residences) with the Lincoln County Assessor's office before April 1 of the year following your purchase. Request your property's assessment card and learn your municipality's revaluation schedule from the assessor; Lincoln County has a moderate effective rate of 1.02%, and the homestead exemption can provide meaningful tax savings.