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Bar Harbor Bankshares (BHB) Tax Rate: 2009-2024

Historic Tax Rate for Bar Harbor Bankshares (BHB) over the last 16 years, with Dec 2024 value amounting to 17.93%.

  • Bar Harbor Bankshares' Tax Rate fell 269.00% to 18.11% in Q4 2021 from the same period last year, while for Dec 2021 it was 19.18%, marking a year-over-year decrease of 100.00%. This contributed to the annual value of 17.93% for FY2024, which is 474.00% down from last year.
  • Per Bar Harbor Bankshares' latest filing, its Tax Rate stood at 17.93% for FY2024, which was down 20.91% from 22.67% recorded in FY2023.
  • In the past 5 years, Bar Harbor Bankshares' Tax Rate ranged from a high of 22.67% in FY2023 and a low of 17.93% during FY2024.
  • Over the past 3 years, Bar Harbor Bankshares' median Tax Rate value was 21.87% (recorded in 2022), while the average stood at 20.83%.
  • In the last 5 years, Bar Harbor Bankshares' Tax Rate spiked by 459bps in 2020 and then plummeted by 474bps in 2024.
  • Over the past 5 years, Bar Harbor Bankshares' Tax Rate (Yearly) stood at 20.28% in 2020, then plummeted by 109bps to 19.18% in 2021, then soared by 269bps to 21.87% in 2022, then skyrocketed by 80bps to 22.67% in 2023, then tumbled by 474bps to 17.93% in 2024.