Palermo, ME — income, home value, property tax, and sales tax.
In ZIP code 04981, near Palermo, homes carry a median value of $239,000, and the county-level effective property tax rate of 1.04% translates to roughly $2,486 in annual taxes on such a home. With median household income at $77,560, that tax bill amounts to about 3.2% of yearly earnings, a share many households can absorb without straining other spending. Per-capita income sits at $38,436, so individual earnings vary widely across the area. A combined sales tax rate of 5.50% applies to purchases, adding a modest cost to everyday goods and services.
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