Portland, ME — income, home value, property tax, and sales tax.
In ZIP code 04085, near Portland, homes carry a median value of $288,600, and the county's 1.04% effective property tax rate works out to roughly $3,000 a year on such a home. With median household income at $92,246, that tax bill absorbs about three percent of annual earnings, while per-capita income sits lower at $33,626, a gap worth keeping in mind since individual earnings vary widely within any ZIP. A 5.50% combined sales tax rate applies to purchases. Buyers weighing a move here should compare the property tax load against what each household actually earns, not just the sticker price.
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