Free property tax calculator tailored for Maine (ME). Calculate instantly with state-specific rates and rules.
Maine has an effective property tax rate of 1.36%, producing an average annual bill of $2,756. The US national average is 1.07% — Maine's rate is above, placing it at rank #36 out of 50 states (rank 1 = lowest).
Maine municipalities assess property and set their own mill rates independently. The state publishes annual equalization ratios (the ratio of assessed to market value) for each municipality, which reveal wide variation — some towns assess at 90% of market, others at 70%.
The Homestead Exemption exempts $25,000 of just value for qualifying primary residents. The Property Tax Fairness Credit provides income-based refunds to qualifying lower-income homeowners and renters.
No statewide cap on assessment increases. Maine's seasonal coastal markets (York County, Hancock County) have seen dramatic appreciation driven by second-home and remote worker demand.
Maine has the highest share of second homes and seasonal properties of any state. Property taxes on non-homesteaded properties have surged as coastal markets have appreciated dramatically.
The median home value in Maine is $320,000. Maine coastal markets (Portland, Bar Harbor area, York County) have seen 40-60% appreciation since 2020, driven by out-of-state buyers from Boston and NYC metro areas. At the 1.36% effective rate, a homeowner at the median value pays roughly $2,756/year in property taxes.
Data: Tax Foundation (2024), US Census Bureau ACS 2023, Zillow, ATTOM Data Solutions. Updated 2024–2025. Figures reflect state averages — consult a licensed professional for personalized advice.
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