2020 taxes up in Hancock

  • Hancock Town offices Staff photo by Abbe Hamilton

Published: 11/25/2020 4:32:20 PM
Hancock tax rate up 6.6 percent

Hancock’s property tax rate has increased by 6.6 percent this year.

The 2020 tax rate is $26.22, up from last year’s $24.60 per $1,000 assessed value.

The town portion of the tax rate increased 8.7 percent, from $6.99 to $7.60.

The county portion increased 0.2 percent from $1.12 to $1.14.

The state school portion of the tax rate decreased 12.2 percent from $2.29 to $2.01, and the local education portion increased from $14.20 to $15.47, or 8.9 percent.

Under the new tax rate, a person with a home valued at $200,000 can expect to pay taxes of $5,244.

 

— By ABBE HAMILTON




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