Maine Property Tax Calculator
Applies Maine’s effective rate of 0.98% and its $25,000 homestead exemption.
Maine property tax estimator
Applies Maine’s effective rate of 0.98% and its $25,000 homestead exemption.
Estimated annual tax —
Monthly escrow —
Saved by exemption —
Maine at a glance
| Figure | Maine | Source |
|---|---|---|
| Effective property tax rate | 0.98% | [1] |
| Median home value | $424,000 | [1] |
| Tax on the median home | $4,155 | [1] |
| Homestead exemption | $25,000 | [2] |
Maine highlighted. Same data as the table below, shown as a distribution so the comparison is visible at a glance.
Highlighted: Maine, ranked 19 of 50. Median 0.79%.
Maine property tax by home value
Annual tax at Maine's 0.98% effective rate, with and without homestead.
| Home value | Annual | Monthly | No exemption |
|---|---|---|---|
| $75,000 | $490 | $41 | $735 |
| $100,000 | $735 | $61 | $980 |
| $125,000 | $980 | $82 | $1,225 |
| $150,000 | $1,225 | $102 | $1,470 |
| $175,000 | $1,470 | $123 | $1,715 |
| $200,000 | $1,715 | $143 | $1,960 |
| $225,000 | $1,960 | $163 | $2,205 |
| $250,000 | $2,205 | $184 | $2,450 |
| $300,000 | $2,695 | $225 | $2,940 |
| $350,000 | $3,185 | $265 | $3,430 |
| $400,000 | $3,675 | $306 | $3,920 |
| $450,000 | $4,165 | $347 | $4,410 |
| $500,000 | $4,655 | $388 | $4,900 |
| $600,000 | $5,635 | $470 | $5,880 |
| $700,000 | $6,615 | $551 | $6,860 |
| $850,000 | $8,085 | $674 | $8,330 |
| $1,000,000 | $9,555 | $796 | $9,800 |
| $1,250,000 | $12,005 | $1,000 | $12,250 |
Worked figures for Maine
Maine values:
| Value | Annual | Monthly | Effective |
|---|---|---|---|
| $100,000 | $735 | $61 | 0.73% |
| $150,000 | $1,225 | $102 | 0.82% |
| $200,000 | $1,715 | $143 | 0.86% |
| $250,000 | $2,205 | $184 | 0.88% |
| $300,000 | $2,695 | $225 | 0.90% |
| $400,000 | $3,675 | $306 | 0.92% |
| $500,000 | $4,655 | $388 | 0.93% |
| $600,000 | $5,635 | $470 | 0.94% |
| $750,000 | $7,105 | $592 | 0.95% |
| $900,000 | $8,575 | $715 | 0.95% |
| $1,000,000 | $9,555 | $796 | 0.96% |
| $1,500,000 | $14,455 | $1,205 | 0.96% |
How Maine compares nationally
On effective property tax rate, Maine ranks #19 of 50 at 0.98% — 24% above the median of 0.79%. The national range runs from 0.29% (Hawaii) to 1.88% (Illinois).
| Rank | State | Effective property tax rate |
|---|---|---|
| #17 | Minnesota | 1.00% |
| #18 | South Dakota | 1.00% |
| #19 | Maine | 0.98% |
| #20 | Alaska | 0.94% |
| #21 | Maryland | 0.92% |
Mid-range effective rates, ranked
Same rule structure as Maine:
| State | Effective property tax rate | vs Maine |
|---|---|---|
| Nebraska | 1.44% | +46.9% |
| Texas | 1.40% | +42.9% |
| Ohio | 1.36% | +38.8% |
| Iowa | 1.33% | +35.7% |
| Wisconsin | 1.32% | +34.7% |
| Pennsylvania | 1.26% | +28.6% |
| Kansas | 1.21% | +23.5% |
| Michigan | 1.19% | +21.4% |
| Rhode Island | 1.12% | +14.3% |
| Massachusetts | 1.00% | +2.0% |
| Maine | 0.98% | — |
| Alaska | 0.94% | -4.1% |
Maine questions, answered with Maine numbers
What is property tax on a median Maine home?▾
Maine's median home is $424,000 and its effective rate is 0.98%, giving roughly $3,910 a year — about $326 a month in escrow.
What about a $500,000 home?▾
Approximately $4,655 annually, after Maine's $25,000 homestead exemption saves you about $245.
Does Maine have a homestead exemption?▾
Yes — $25,000 off assessed value for a primary residence, worth about $245 a year at Maine's rate.
Other mid-range effective rates
Last reviewed 2026-08-26. Maine figures only — verify with the relevant Maine agency before acting. How this is calculated.