ZIP Code 04062

In ZIP code 04062, near Portland, households bring in a median of $107,934 a year, while per-capita income sits at $52,775. That earnings level shapes how housing costs land: with a median home value of $388,900 and a county property tax rate of 1.04%, annual property taxes run about $4,045. Combined with a 5.50% sales tax on purchases, these obligations draw on income steadily rather than lightly, though the area's strong household earnings give homeowners and renters alike a solid base for covering them.