2026 effective rate · 1.18% · above the US average (0.99%)
Maine Property Tax Calculator
Estimate annual and monthly property tax in Maine. The state's effective property tax rate is 1.18% (close to the national average, vs the US average of about 0.99%). On a $262,200 median-value home, that works out to about $3,070 per year or $258 per month.
Maine median home property tax
$3,094 per year
$258 per month at the median home value of $262,200
Effective rate 1.18% times $262,200 = $3,094
Maine property tax at common home values
| Home value | Annual property tax | Monthly | % of value |
|---|---|---|---|
| $150,000 | $1,770 | $148 | 1.18% |
| $250,000 | $2,950 | $246 | 1.18% |
| $262,200 (median) | $3,094 | $258 | 1.18% |
| $350,000 | $4,130 | $344 | 1.18% |
| $500,000 | $5,900 | $492 | 1.18% |
| $750,000 | $8,850 | $738 | 1.18% |
Uses Maine's 2026 effective rate (1.18%). Actual taxes vary by county and exemptions. For full PITI mortgage estimate including taxes + insurance, use the Maine mortgage calculator.
Maine property tax overview
Maine has above-average property tax rates. Homestead exemption of $25,000. Property Tax Fairness Credit available for lower-income homeowners.
Maine's effective rate of 1.18% ranks close to the national average nationally. Median annual property tax: $3,070. Median home value: $262,200.
Maine vs neighboring states
| State | Effective rate | Median home | Median annual tax |
|---|---|---|---|
| Maine (this page) | 1.18% | $262,200 | $3,070 |
| New Hampshire | 1.86% | $343,200 | $6,372 |
FAQs about Maine property tax
What is the property tax rate in Maine?
Maine's effective property tax rate is 1.18% (close to the national average, vs national average of ~0.99%). On a $262,200 median-value home, that's about $3,070 per year, or roughly $258 per month added to your housing cost.
How is property tax calculated in Maine?
Property tax = assessed value times the local mill rate (millage). The effective rate (1.18%) is what you actually pay as a percentage of market value, accounting for assessment ratios, exemptions, and millage. For a home valued at X, multiply X by 1.18% for an annual estimate.
When are property taxes due in Maine?
Property tax due dates vary by county within Maine. Most counties bill annually with either a single payment or two installments. Common payment deadlines fall in late summer (1st half) and late winter (2nd half). Check with your county tax assessor for exact dates and any escrow arrangements through your mortgage lender.
Does Maine have a homestead exemption?
Maine has above-average property tax rates. Homestead exemption of $25,000. Property Tax Fairness Credit available for lower-income homeowners.
How does Maine property tax compare to neighboring states?
Maine's 1.18% rate compares to: New Hampshire (1.86%). Property tax burden can vary significantly between neighboring states — moving 30 miles across a state line can change your annual tax bill by thousands.
Can I appeal my property tax assessment in Maine?
Yes. Every US state including Maine provides a formal property tax appeal process. Steps: (1) request your property's assessment record from the county assessor, (2) gather comparable sales from your neighborhood, (3) file a formal appeal within the deadline (usually 30-60 days after assessment notice). Successful appeals typically save 5-15% on annual tax bills.
How can I lower my Maine property taxes?
Common strategies: apply for homestead exemption (primary residence), senior or disabled exemptions if eligible, veteran's exemptions, and appeal over-assessment. Track your county's assessment notices carefully and verify the appraisal matches recent comparable home sales. Avoid major visible upgrades right before reassessment dates.