The rate in context
On a $400,000 home, 0.98% means roughly $3,920 per year in property tax, escrowed monthly, so it lands directly in your payment and your debt-to-income ratio.
Exemptions and notes
Homestead exemption of $25,000 off assessed value, reimbursed to towns by the state; towns also offer senior and veteran exemptions.
Sources: Tax Foundation 2026 (2024 ACS); Maine Revenue Services. County-level rates vary; your county page has local detail.
Counties in Maine
FAQ
What is the average property tax rate in Maine?
The average effective property tax rate in Maine is about 0.98%, per Tax Foundation 2026 (2024 ACS); Maine Revenue Services. Individual counties vary above and below that average.
How do Maine property taxes affect my mortgage?
Taxes are escrowed into your monthly payment, so a higher rate directly reduces how much house you qualify for. Homestead exemption of $25,000 off assessed value, reimbursed to towns by the state; towns also offer senior and veteran exemptions.