Hancock County Property Taxes
Hancock County, Maine
Effective Tax Rate
0.00%
5.9% below state avgMedian Annual Tax
$0
$204/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.88%
At a Glance
Median Home Value
$278,400
State avg ▲ $236,581
Tax w/ Mortgage/yr
$2,473
$206/mo escrow
Tax w/o Mortgage/yr
$2,395
$200/mo
State Tax Rate Rank
#1
of 16 counties (1 = lowest)
Data Story
About Property Taxes in Hancock County, Maine
Hancock taxes among America's lowest
Hancock County's 0.878% effective tax rate ranks in the 20th percentile nationally, substantially below the national median of 1.1%. Residents pay $2,445 annually on a median home value of $278,400—nearly matching the national median home value while paying far less in taxes. Hancock offers one of New England's most tax-favorable property tax environments.
Second-lowest tax rate in Maine
Hancock's 0.878% effective rate ranks second-lowest among Maine's 16 counties, trailing only Franklin (1.074%). The median property tax of $2,445 falls $153 below Maine's state median of $2,598, remarkable for a county with above-average home values. Hancock delivers both affordability and tax restraint.
Most tax-friendly coastal county
Hancock's 0.878% rate substantially undercuts neighboring Knox County (1.253%) and Lincoln County (0.931%) along Maine's midcoast. On a median $278,400 home, Hancock residents pay roughly $1,040 less annually than Knox residents on comparable properties. Hancock's combination of coastal desirability and tax restraint is unmatched regionally.
Coastal living with tax restraint
A median Hancock home valued at $278,400 carries an estimated annual property tax of $2,445, well below what comparable homes cost elsewhere. Homeowners with mortgages pay approximately $2,473, while those without mortgages pay around $2,395 annually. Over 30 years, that totals roughly $73,000 in property taxes on a median-priced home.
Verify assessments in favorable tax counties
Hancock's low tax rates attract many newcomers, sometimes prompting reassessment and higher valuations. Homeowners should monitor their assessments carefully and compare them against recent sales of comparable properties. An assessment appeal is free and can lock in your valuation at current market levels.
How Hancock County Compares
Median Annual Property Tax
Hancock County
0.88%
Effective rate
Maine Avg
1.10%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Hancock County, Maine?
How much are property taxes in Hancock County?
How does Hancock County compare to the Maine average?
What is the median home value in Hancock County, Maine?
Is Hancock County a low property tax area in Maine?
How does Hancock County rank for property taxes in Maine?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Maine
Lincoln County
0.93%
Piscataquis County
0.97%
York County
1.03%
Franklin County
1.07%
Waldo County
1.08%
Oxford County
1.09%
Cumberland County
1.11%
Sagadahoc County
1.12%
Washington County
1.12%
Kennebec County
1.14%
Somerset County
1.16%
Aroostook County
1.22%
Knox County
1.25%
Androscoggin County
1.26%
Penobscot County
1.26%
Data updated: March 2026
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.