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County Home Costs

Maine · Property Tax & Closing Costs

Maine property tax by county

Property tax rates, median home values, and closing cost estimates for all 16 counties in Maine. The average effective rate across the state is 1.03%, ranking Maine 17 of 51 (above-average property taxes). Data is sourced from the US Census Bureau American Community Survey 2024 5-year estimates.

Average rate

1.03%

across 16 counties

National rank

#17

of 51, highest rate first

Median home value

$245,500

county median in state

Rate range

0.83%–1.17%

Hancock County → Knox County

Same home, different county

On a $245,500 home (the typical county median in Maine), the annual property tax bill depends heavily on where you buy:

Lowest-rate county

$2,025/yr

Hancock County at 0.83%

Highest-rate county

$2,860/yr

Knox County at 1.17%

Difference

$835/yr

$70/mo · $8,347 over 10 years

Estimate: purchase price × each county's effective rate. Actual bills depend on assessed value, local levies, and exemptions.

Lowest property tax rates in Maine

The five Maine counties with the lowest effective property tax rates, useful for buyers comparing total cost of ownership across the state.

CountyRate
Hancock County0.83%
Lincoln County0.85%
Piscataquis County0.90%
York County0.96%
Oxford County1.00%

Highest property tax rates in Maine

The five Mainecounties with the highest effective property tax rates. High rates often reflect strong school district funding or municipal services rather than weakness, but they materially change a buyer's monthly carrying cost.

CountyRate
Knox County1.17%
Androscoggin County1.16%
Penobscot County1.16%
Aroostook County1.12%
Kennebec County1.09%

Maine real estate transfer tax

Maine charges a combined transfer tax of about 0.88% of the purchase price. On a $245,500 home, that is roughly $2,160 in total.

Paid byRateOn $245,500
Buyer0.44%$1,080
Seller0.44%$1,080

$2.20/$500 (0.44%) each party, imposed half on grantor and half on grantee per 36 M.R.S.A. §4641-A. Effective November 1, 2025, an additional $3.80/$500 surcharge applies to the portion of price above $1 million. Not reflected in flat rate.

Maine is an attorney-closing state: expect a real estate attorney fee of roughly $600–$1,500 at closing.

Official Maine source → · Verified April 2026

Closing costs in Maine

Across Maine's 16 counties, buyer closing costs run $3,734 to $11,210 at each county's median home value with 20% down. Cash needed at closing, with closing costs, the down payment and the transfer tax, runs $34,332 to $103,435. Pick your county for your own figures.

Maine closing cost calculator

Maine property tax exemptions

Ways buyers in Maine may reduce their annual property tax. These programs apply statewide; verify county specifics with your local assessor.

Homestead

Maine Homestead Exemption

Up to $25,000 reduction in assessed value for permanent Maine residents who have owned a Maine home for 12+ months and use it as their primary residence. Adjusted by local certified ratio.

View official source →
Veteran

Veteran Property Tax Exemption

$6,000 exemption for wartime veterans 62+ or 100% disabled; $50,000 for veterans with 50-90% service-connected disability or paraplegic-grant recipients; $100,000 for 100% service-connected disabled veterans.

View official source →
Other

Property Tax Fairness Credit

Refundable income tax credit for Maine residents whose property tax or rent exceeds a percentage of household income; expanded benefit for veterans.

View official source →

Last verified April 2026. Exemption amounts and eligibility change frequently. Always confirm with your county assessor before claiming.

All 16 counties in Maine

Effective property tax rate, median home value, and median annual taxes paid for every county in Maine. Click a county to open its full property tax calculator and closing cost breakdown.

CountyRate
Androscoggin County1.16%
Aroostook County1.12%
Cumberland County1.04%
Franklin County1.04%
Hancock County0.83%
Kennebec County1.09%
Knox County1.17%
Lincoln County0.85%
Oxford County1.00%
Penobscot County1.16%
Piscataquis County0.90%
Sagadahoc County1.04%
Somerset County1.08%
Waldo County1.04%
Washington County1.04%
York County0.96%

Source: US Census Bureau American Community Survey 2024 5-year estimates, tables B25077 (median home value) and B25103 (median real estate taxes paid). Effective rate is computed as median taxes paid divided by median home value at the county level and represents the typical owner-occupied home. Actual bills vary by purchase price, exemptions, and special assessments.