Property tax in Maine
The effective rate is about 0.98% of the home's value a year (Tax Foundation, 2024). On a $400,000 home that is about $3,920 a year (our calculation). Rates vary a lot by county and town.
Property tax
0.98%
of home value a year
Tax on a $400,000 home
$3,920
A month
$327
Rank
33 of 51
1 = lowest
| State | Property tax | Rank |
|---|---|---|
| North Dakota | 0.92% | 31 |
| Alaska | 0.94% | 32 |
| Maine | 0.98% | 33 |
| Massachusetts | 1.00% | 34 |
| Minnesota | 1.00% | 35 |
Common questions
What is the property tax rate in Maine?
The effective rate is about 0.98% of the home's value a year (Tax Foundation, 2024). On a $400,000 home that is about $3,920 a year (our calculation). Rates vary a lot by county and town.
Does Maine have high property taxes?
Maine ranks 33 of 51 (1 = lowest effective rate), based on Tax Foundation's 2024 figures.
See the full monthly cost of a home with the mortgage calculator.
More for Maine: monthly budget · take-home pay · rent.