Maine Property Tax Calculator
Estimate your annual property taxes in Maine. Calculate assessed value and apply Maine average millage rates.
Why calculating finance in Maine is different
Maine has a progressive income tax system.
State Income Tax
5.8% - 7.15%
Base Sales Tax
5.5%
State Min Wage
$14.15 / hr
Abbreviation
ME
Maine Finance Interactive Tool
This calculator uses the latest 2026 data for Maine, including the minimum wage of $14.15 and the specific state income tax rates (5.8% - 7.15%).
Frequently Asked Questions about Maine Finance
How are property taxes assessed in Maine?
Property taxes in Maine are generally assessed at the local county or municipal level based on the fair market value of the property, multiplied by the local millage or tax rate.
Are there property tax exemptions in Maine?
Yes, Maine often provides homestead exemptions for primary residences, as well as specific exemptions for seniors, veterans, and individuals with disabilities, which can significantly lower your tax bill.