04617 Property Tax Rate

Property owners in ZIP code 04617 (Brooksville, Maine) pay a median of $1,732/year in property taxes on homes valued at $359,000. This translates to an effective tax rate of 0.48%, which is 53% below the Maine state average of 1.04%.

The monthly property tax burden for a median-valued home in 04617 is approximately $144, which factors into escrow payments on mortgages. This ZIP code is located within Hancock County. This is $822 less than the Maine average of $2,554/year.

Compared to similar ZIP codes in Maine, 04617 has higher property taxes. ZIP codes with similar effective rates include 04079 (0.48%) and 04576 (0.48%).

In Brooksville, property taxes represent approximately 3.3% of the median household income of $51,891, 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.