ZIP Code 04021

In ZIP code 04021, near Portland, homes carry a median value of $579,000, and the county-level effective property tax rate of 1.04% translates into roughly $6,000 a year in taxes on such a home. Households here earn a median of $172,468, with per-capita income at $78,752, so that property tax bill equals about 3.5% of median household earnings. Combined with a 5.50% sales tax rate, the overall picture reflects a high-value housing market where substantial incomes help absorb the tax load.