Property Tax in Lincoln County
via TaxByCounty
Lincoln taxes well below national average
Lincoln County's 0.931% effective tax rate falls well below the national median of 1.1%, placing it in the 30th percentile nationally. Residents pay $2,850 annually on a median home value of $306,200—notably above the national median home value—while enjoying below-average tax rates. Lincoln delivers the rare combination of valuable coastal homes and tax restraint.
Third-lowest tax rate in Maine
Lincoln's 0.931% effective rate ranks third-lowest among Maine's 16 counties, trailing only Franklin (1.074%) and Hancock (0.878%). The median property tax of $2,850 exceeds Maine's state median of $2,598 by $252 annually, but this reflects Lincoln's higher home values, not higher tax rates. Lincoln offers exceptional tax value for its coastal location.
Most tax-efficient upscale coastal county
Lincoln's 0.931% rate exceeds only Hancock (0.878%) along Maine's midcoast, substantially undercutting Knox (1.253%) despite comparable home values. On a median $306,200 home, Lincoln residents pay roughly $1,080 less annually than Knox residents on comparable properties. Lincoln combines coastal prestige with tax efficiency.
Valuable homes, restrained tax burden
A median Lincoln home valued at $306,200 carries an estimated annual property tax of $2,850, modest considering the home values. Homeowners with mortgages pay approximately $2,770, while those without mortgages pay around $2,966 annually. Over 30 years, that totals roughly $85,000 in property taxes on a median-priced home.
Protect your assessment investment
Lincoln's appeal as an upscale coastal community often brings reassessments and higher valuations, particularly after waterfront sales. Homeowners should verify their assessed values against recent comparable sales in their waterfront or inland neighborhoods. Filing an appeal preserves your current tax rate and requires no cost to challenge overvaluation.