Maine Property Tax Rates
Maine (ME) has an effective property tax rate of 1.24%, which is 0.18% above the national average of 1.06%.
2024 DataMaine Counties Property Tax Rates
| County | Rate | Median Tax |
|---|---|---|
| Cumberland County | 0.96% | $2,558 |
| York County | 1.27% | $2,572 |
| Penobscot County | 1.50% | $4,000 |
| Kennebec County | 0.92% | $3,060 |
| Androscoggin County | 1.38% | $1,951 |
| Aroostook County | 1.01% | $3,130 |
| Oxford County | 1.29% | $3,478 |
| Hancock County | 1.41% | $4,407 |
| Somerset County | 1.10% | $3,651 |
| Knox County | 1.34% | $2,060 |
| Waldo County | 0.98% | $3,136 |
| Sagadahoc County | 1.35% | $2,100 |
| Lincoln County | 1.57% | $2,256 |
| Washington County | 1.43% | $2,938 |
| Franklin County | 0.96% | $1,870 |
| Piscataquis County | 1.41% | $4,198 |
Property Tax Calculator
Looking to reduce your housing costs? Compare mortgage refinancing rates to lower your monthly payment. Check homeowners insurance quotes for potential savings. Explore home equity loan offers for home improvements. Consider property tax appeal services if your assessment seems too high.
How Maine Compares to Neighboring States
| State | Rate | Median Tax | Difference |
|---|---|---|---|
| Maine | 1.24% | $2,884 | - |
| New Hampshire | 2.09% | $6,097 | +0.85% |
Maine Property Tax Overview
The effective property tax rate in Maine is 1.24%, meaning a homeowner with a property valued at $232,700 would pay approximately $2,884 annually. Understanding your property tax deduction eligibility can help offset this cost on your federal return.
Maine homeowners may qualify for a homestead exemption that reduces the taxable value of their primary residence. If your property assessment seems too high, consider a tax assessment appeal to potentially lower your bill.
For more financial context, explore salary data, cost of living, and ZIP code details for Maine.