Orono, ME — income, home value, property tax, and sales tax.
In ZIP code 04489, near Orono, homes carry a median value of $262,500 while per-capita income reaches $60,016. The county's 1.16% effective property tax rate works out to roughly $3,045 annually on a home at that median value, a figure that eats into earnings even at this income level. Sales taxes add 5.50% to purchases within the area. Buyers weighing a move here should factor the recurring tax bill into their monthly costs alongside the mortgage itself, since the rate applies countywide regardless of which home they choose.
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