Maine Income Tax
Maine has a progressive income tax with rates ranging from 5.8-7.15%. Lower income earners pay the lower rate, with the top rate applying to the highest bracket.
Maine Sales Tax
The state sales tax rate in Maine is 5.5%. With an average local sales tax of 0%, the combined average sales tax rate is 5.5%.
Maine Property Tax
The effective property tax rate in Maine is 1.24%. With a median home value of $273,600, the median annual property tax bill is $2,874 ($240/month).
Corporate & Business Taxes
The corporate tax rate in Maine is 3.5-8.93%.
Other Taxes in Maine
| Tax Type | Rate / Amount |
|---|---|
| Gas Excise Tax | $0.30/gallon |
| Cigarette Tax | $2.00/pack |
| Estate Tax | Yes |
| Inheritance Tax | No |
Key Facts
High property taxes and income taxes. Estate tax on estates above $6.41M.
Compare to Other States
See how salaries compare on our average salary in Maine page. Thinking about starting a business? Check our LLC guide for Maine. See the current minimum wage in Maine.
Financial Calculators
Plan your finances in Maine with our free tools:
- Paycheck Calculator — estimate take-home pay after taxes
- Salary Calculator — convert hourly to annual pay
- Mortgage Calculator — estimate monthly home payments
- Home Affordability Calculator — see how property taxes affect what you can afford