04472 Property Tax Rate

Property owners in ZIP code 04472 (Orland, Maine) pay a median of $2,091/year in property taxes on homes valued at $261,400. This translates to an effective tax rate of 0.80%, which is 23% below the Maine state average of 1.04%.

The monthly property tax burden for a median-valued home in 04472 is approximately $174, which factors into escrow payments on mortgages. This ZIP code is located within Hancock County. This is $463 less than the Maine average of $2,554/year.

Compared to similar ZIP codes in Maine, 04472 has lower property taxes. ZIP codes with similar effective rates include 04781 (0.80%) and 04942 (0.80%).

In Orland, property taxes represent approximately 2.5% of the median household income of $82,697, providing context for the relative tax burden on homeowners in this area.

Maine has no statewide property tax cap — your assessment resets to market value at purchase, and the Hancock County Assessor will establish a new base for annual increases. The Maine Homestead Property Tax Exemption exempts $25,000 of assessed value from state and local property taxes; file with the Hancock County Assessor's office by April 1 of the year following purchase. Contact the Hancock County Assessor immediately after closing to confirm your filing deadline and obtain your Notice of Valuation.