Connecticut vs Maine
Property Tax Comparison: Connecticut vs. Maine
Based on the U.S. Census Bureau’s 2023 American Community Survey (5‑year estimates).
Both Connecticut and Maine levy property taxes at the local level, but the overall burden on homeowners differs. The following sections present the key metrics side‑by‑side, identify which state has the lower effective tax rate, and outline the groups for whom the comparison is most relevant.
Side‑by‑Side Metrics
| Metric | Connecticut | Maine |
|---|---|---|
| Effective property tax rate | 1.92 % | 1.10 % |
| Median home value | $343,200 | $266,400 |
| Median annual property tax | $6,575 | $2,926 |
| Tax on a $250,000 home | $4,789 | $2,746 |
| Tax on a $500,000 home | $9,579 | $5,492 |
| Median household income | $93,760 | $71,773 |
Sources: “According to the U.S. Census Bureau’s 2023 American Community Survey (5‑year estimates).”
Which State Has the Lower Tax Burden?
Winner (lower effective rate): Maine
- Rate difference: 0.82 % points, which represents a 42.67 % lower effective tax rate in Maine compared with Connecticut.
- Annual tax difference on a $250 k home: $2,043 less in Maine ($4,789 – $2,746).
- Annual tax difference on a $500 k home: $4,087 less in Maine ($9,579 – $5,492).
Because the effective property tax rate is the primary indicator of overall tax burden, Maine is the lower‑tax state in this comparison. The absolute dollar differences are larger for higher‑priced homes, reflecting the proportional nature of the rates.
Who Might Find This Comparison Most Relevant?
| Audience | Why the data matters |
|---|---|
| Current homeowners | Understanding how much of a home’s value is allocated to property taxes helps in budgeting and evaluating relocation costs. |
| Prospective homebuyers | The effective tax rate influences total housing expenses; buyers can compare tax liability alongside home prices. |
| Retirees and fixed‑income households | Lower property taxes reduce ongoing cash outflows, which can be significant for households relying on limited income. |
| Policy analysts / planners | The contrast illustrates how state‑level fiscal structures translate into local tax burdens. |
| Real‑estate professionals | Accurate tax estimates are essential for appraisals, disclosures, and client advisement. |
Summary
Based on the most recent ACS estimates, Maine’s effective property tax rate (1.10 %) is considerably lower than Connecticut’s (1.92 %). Consequently, Maine imposes lower annual taxes on both median‑priced homes and higher‑value properties. Stakeholders such as homeowners, prospective buyers, and retirees who prioritize lower recurring housing costs may find Maine’s tax environment more advantageous.
For detailed state‑specific information, see the dedicated pages:
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Discover how property taxes compare across all states in our comprehensive comparison guide.
Data Source
All figures are drawn from the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates). This comprehensive dataset provides reliable, standardized property tax information across all states.