Taxes & Insurance in Cape Elizabeth
Cape Elizabeth applies Maine's real 2026 tax structure alongside a property tax rate that sits almost exactly at the state's own average -- though a real, disclosed FY2026 change was still pending at this pass's research cutoff.
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Learn moreMaine's real 2026 income tax rate, with real retiree advantages
Maine's individual income tax runs a real 7.15% base top marginal rate for the overwhelming majority of taxpayers, applying in Cape Elizabeth as statewide, alongside a full Social Security exemption and a $48,216 pension deduction (tax year 2025, subject to an income-based phaseout) (base record).
Cape Elizabeth's property tax rate: confirmed FY2025, pending FY2026
Cape Elizabeth's confirmed FY2025 rate ran $11.00 per $1,000 assessed value (1.10% effective), almost exactly at Maine's own statewide anchor -- though a real, disclosed proposed FY2026 increase of approximately 4.85%-4.9% was reported in March 2025 news coverage, not independently confirmed as finalized this pass (base record).
Maine's 5.5% sales tax, with no local option
Maine's general sales tax runs a real, current 5.5% statewide, with no county- or city-level local option layered on top anywhere in the state (base record).
A likely, unquantified coastal insurance premium
This pass did not confirm a Cape Elizabeth-specific homeowners-insurance figure; this record uses Maine's own statewide range ($1,335-$1,433/year) while disclosing genuine direct oceanfront exposure likely carries a real premium (base record).
Key takeaways
- Maine's 7.15% top income tax rate applies in Cape Elizabeth as statewide, with real retiree-specific tax advantages layered on top.
- Cape Elizabeth's confirmed FY2025 property tax rate (1.10%) sits almost exactly at Maine's statewide average.
- A real, disclosed FY2026 property tax increase (~4.85%-4.9% proposed) was pending finalization at this pass's research cutoff.
- A likely coastal homeowners-insurance premium exists but was not independently quantified this pass.
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