Monmouth, ME — income, home value, property tax, and sales tax.
In ZIP code 04901, near Monmouth, homes carry a median value of $204,700, and the county-level effective property tax rate of 1.09% translates to roughly $2,231 a year in taxes on such a home. With median household income at $57,403, that bill equals about 3.9% of annual earnings, a meaningful slice of a household's budget. Per-capita income stands at $34,107, well below the median household figure, indicating many single earners face tighter margins. Sales tax in the area totals 5.50%, adding to everyday costs.
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