ZIP Code 04009

In ZIP code 04009, near Portland, homes are valued at a median of $317,100, and the county's 1.04% effective property tax rate translates to roughly $3,300 in annual taxes on such a home. With median household income at $78,021, that bill equals about 4.2% of yearly earnings, while per-capita income sits at $43,383. The 5.50% combined sales tax adds a smaller ongoing cost. Buyers weighing this area against others should note how the property tax interacts with income: the gap between home value and earnings shapes how much house local wages can carry.