Maine Property Tax Calculator 2026

Calculate property taxes in Maine. The average effective property tax rate in ME is 0.9%, which is about the same as the national average of 0.89%. Estimate your annual property tax bill.

By Konstantin Iakovlev · Updated October 19, 2026 · Methodology

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Annual Property Tax

$3,150.00

Monthly Equivalent

$262.50

Effective Rate

0.900%

Property Tax Breakdown

Assessed Value$350,000.00
Homestead Exemption$0.00
Taxable Value$350,000.00
Annual Tax$3,150.00
Monthly Equivalent$262.50

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

Maine Property Tax Guide

Maine's average effective property tax rate is about 0.90% of a home's value, essentially the same as the 0.89% national average. Property tax is assessed and billed locally, not by the state, so each town and county sets its own mill rate and assessment schedule. Two homes worth the same amount in different municipalities can carry noticeably different bills depending on local budgets and how recently the town revalued.

To estimate a bill, start from the assessed value, subtract any exemptions, and apply the local mill rate. Maine's Homestead Exemption removes a set amount of value, $25,000, from the assessment on an owner's primary residence, lowering the taxable base. The state also offers a Property Tax Fairness Credit that refunds part of the burden for residents whose property taxes or rent are high relative to income. Both are claimed through state and local channels rather than automatically applied at every step.

Maine Property Tax Details (2026)

Avg. Effective Property Tax Rate 0.9%
National Average 0.89%
vs. National Average About the same
Estate Tax Yes (exemption: $7,160,000)
State Sales Tax 5.5%
State Income Tax progressive (up to 9.15%)

Official Sources:

Maine Property Tax FAQ

How do I estimate my Maine property tax bill?
Take the town's assessed value of your home, subtract exemptions like the $25,000 Homestead Exemption, then multiply by the local mill rate. A mill rate of 15, for example, means $15 of tax per $1,000 of taxable value. Because rates are local, the same house is cheaper to own in one town than another.
What is the Maine Homestead Exemption?
The Homestead Exemption takes $25,000 of just value off an owner-occupied primary residence before the mill rate is applied. In a town that assesses below full value the cut is scaled by the same ratio, so at 85% it is $21,250 of assessed value (36 M.R.S. §683). You must have owned a Maine homestead for the preceding 12 months, live in it as your permanent residence and file an application with the local assessor by April 1. It applies only to your main home, not a second property or rental.
Who qualifies for the Property Tax Fairness Credit?
Maine's Property Tax Fairness Credit helps residents whose property taxes, or rent paid as a proxy for property tax, are large relative to household income. It is claimed on the Maine income tax return through Maine Revenue Services and is refundable, so it can pay out even to filers who owe no income tax. The credit is the amount by which your benefit base (property tax or a share of rent, up to a limit) exceeds 4% of income, capped at $1,500 for filers under 65 from tax year 2026 ($1,000 before) and $2,000 at 65 or older; married couples filing separately cannot claim it (36 M.R.S. §5219-KK).
Why is my Maine tax bill different from a neighbor's town?
Property tax is set locally, so each municipality adopts its own mill rate and revaluation timing to fund schools, roads, and services. A town with a higher budget or an older assessment can tax an identical home differently. The 0.90% statewide average masks real swings between high-rate and low-rate municipalities.

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