Pros and Cons of Living in Cape Elizabeth

Cape Elizabeth's core trade-off pairs genuinely elite schools, iconic coastal landmarks, and exceptional safety against a real housing-cost premium and a still-unsettled property tax picture.

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Pro: genuinely elite schools and iconic coastal landmarks

Cape Elizabeth High School's #1 Maine ranking, alongside Portland Head Light, Two Lights State Park, and Crescent Beach State Park, give the town a real, distinctive premium identity.

Pro: exceptionally favorable safety and healthcare proximity

A crime rate lower than 88% of US communities, paired with genuine proximity to Maine's top-ranked hospital, gives Cape Elizabeth a real, concrete safety and healthcare advantage.

Con: a real, disclosed housing-price premium and spread

Cape Elizabeth's housing runs more than double the national comparison figure across every cited source, with a real, disclosed listing-vs-sale spread this record does not resolve to one number.

Con: a real, disclosed unsettled FY2026 property tax picture

A proposed FY2026 property tax increase of approximately 4.85%-4.9% was reported in March 2025 news coverage but not independently confirmed as finalized this pass -- a real, disclosed gap prospective movers should confirm directly.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.