ZIP Code 04066

In ZIP code 04066, near Portland, households earn a median of $115,547, with per-capita income at $67,512. A median home value of $474,100 carries an effective property tax rate of 1.04%, which works out to roughly $4,900 annually — a real line item against that income. Add Maine's 5.50% combined sales tax on purchases, and the budget picture takes shape: substantial earnings, but housing costs and consumption taxes claim meaningful shares. What's left after taxes and mortgage payments depends heavily on individual spending habits, since the sales tax applies broadly across goods bought locally.