04975 Property Tax Rate
Shawmut, Maine · Part of Somerset County
Effective Tax Rate
1.41%
11.9% below state avgMedian Annual Tax
$2,250
$188/mo escrow
Estimate Your Tax
Annual Tax
$2,250
Monthly
$187
Eff. Rate
1.41%
How ZIP 04975 Compares
Median Annual Property Tax
ZIP 04975
1.41%
Effective rate
Maine Avg
1.04%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Maine
Higher than 92% of ZIP codes in Maine(92th percentile, 399 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 04975
Property owners in ZIP code 04975 (Shawmut, Maine) pay a median of $2,250/year in property taxes on homes valued at $159,400. This translates to an effective tax rate of 1.41%, which is 36% above the Maine state average of 1.04%.
The monthly property tax burden for a median-valued home in 04975 is approximately $188, which factors into escrow payments on mortgages. This ZIP code is located within Somerset County. This is $304 less than the Maine average of $2,554/year.
Compared to similar ZIP codes in Maine, 04975 has higher property taxes. ZIP codes with similar effective rates include 04108 (1.41%) and 04226 (1.41%).
Maine has no statewide property tax cap — your assessment resets to market value at purchase, and the Somerset 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 Somerset County Assessor's office by April 1 of the year following purchase. Contact the Somerset County Assessor immediately after closing to confirm your filing deadline and receive your Notice of Valuation.
Frequently Asked Questions
What is the property tax rate in ZIP code 04975?
How much are property taxes in Shawmut, ME (04975)?
How does ZIP 04975 compare to the Maine average?
What is the median home value in ZIP 04975?
What county is ZIP code 04975 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$589. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 04975 is part of Somerset County, Maine. View the full county profile for broader context and more data.
View Somerset County on TaxByCounty →Similar ZIP Codes in Maine
04108
+0.00%Peaks Island
1.41%
$6,907/yr
04226
-0.00%East Andover
1.41%
$2,083/yr
04073
-0.01%Sanford
1.40%
$3,644/yr
04290
+0.01%Peru
1.42%
$1,727/yr
04463
+0.01%Milo
1.42%
$1,423/yr
04785
+0.02%Van Buren
1.43%
$1,346/yr
04862
-0.02%Union
1.39%
$3,301/yr
04083
-0.02%Springvale
1.39%
$3,473/yr
04210
+0.02%Auburn
1.43%
$3,647/yr
04786
+0.03%Washburn
1.44%
$1,512/yr
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.