Palermo, ME — income, home value, property tax, and sales tax.
In ZIP code 04974, which takes in Palermo, households bring in a median income of $64,303, while per-capita earnings sit at $38,903. A home valued at $224,400 would draw roughly $2,334 a year in property taxes at the county's 1.04% rate, an ongoing cost worth planning for alongside a mortgage. Sales tax of 5.50% applies to purchases in the area, adding a bit to everyday spending. With income at this level, housing and taxes together shape how much room is left for savings, food, and other essentials each month.
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