How have rising property taxes in Maine affected your life?

How have rising property taxes in Maine affected your life

People who live in many Maine towns have seen their property tax bills go up a lot in the last few years.

 

Even though the tax rates may not have changed, some homes’ assessed values have gone up by as much as 60% since 2019.

 

This can make the annual bill hundreds or even thousands of dollars higher.

 

Since many homes now sell for much more than their town assessment value, many towns have had to reevaluate their tax assessments.

 

This is because the cost of giving municipal services has also gone up with inflation.

 

The amount of property taxes that people in Maine have to pay is the highest in the country, according to the website WalletHub. Each year, nearly 4.9% of people’s income is taxed on land.

 

We want to know how the rise in property taxes has changed your life.

 

You can leave a message, fill out the form below, or email Zara Norman at znorman@bangordailynews.com if you are a housing reporter for BDN.

 

Make sure to include your name and the town where you live.

 

Rising property taxes

How has the fact that property taxes are going up in Maine towns changed your life? Name First Last What city or town do you live in? City Email

 

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