ZIP Code 04097

In ZIP code 04097, near Portland, homes carry a median value of $496,500, and the county-level effective property tax rate of 1.04% translates into a notable annual bill. Households here earn a median of $129,267, with per-capita income at $64,608, giving many buyers substantial capacity to absorb that cost. A 5.50% combined sales tax applies to purchases. Whether the property tax feels heavy depends largely on how long a household has owned, since assessments track rising values while incomes may not keep pace.