ZIP Code 04109

In ZIP code 04109, near Portland, homes carry a median value of $755,400, and the county's 1.04% effective property tax rate translates into roughly $7,856 a year in taxes on such a home. Per-capita income stands at $53,570, so that tax bill equals about 15% of one person's annual earnings — a steep share for anyone buying at the median price. Sales taxes add 5.50% at checkout. High property values paired with a rate above one percent make ownership here costly relative to what residents earn.