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:
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.
| County | Rate |
|---|---|
| Hancock County | 0.83% |
| Lincoln County | 0.85% |
| Piscataquis County | 0.90% |
| York County | 0.96% |
| Oxford County | 1.00% |
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.
| County | Rate |
|---|---|
| Knox County | 1.17% |
| Androscoggin County | 1.16% |
| Penobscot County | 1.16% |
| Aroostook County | 1.12% |
| Kennebec County | 1.09% |
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 by | Rate | On $245,500 |
|---|---|---|
| Buyer | 0.44% | $1,080 |
| Seller | 0.44% | $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 calculatorMaine property tax exemptions
Ways buyers in Maine may reduce their annual property tax. These programs apply statewide; verify county specifics with your local assessor.
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 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 →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.
| County | Rate |
|---|---|
| Androscoggin County | 1.16% |
| Aroostook County | 1.12% |
| Cumberland County | 1.04% |
| Franklin County | 1.04% |
| Hancock County | 0.83% |
| Kennebec County | 1.09% |
| Knox County | 1.17% |
| Lincoln County | 0.85% |
| Oxford County | 1.00% |
| Penobscot County | 1.16% |
| Piscataquis County | 0.90% |
| Sagadahoc County | 1.04% |
| Somerset County | 1.08% |
| Waldo County | 1.04% |
| Washington County | 1.04% |
| York County | 0.96% |
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.