Cost of Living in Wells
Wells's cost of living runs genuinely more affordable than neighboring Kennebunk, even though housing still sits above Maine's own statewide median.
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Learn moreHousing above the statewide median, below Kennebunk
Wells's median home price ran approximately $594,818-$654,500 -- above Maine's own statewide median but below neighboring Kennebunk's own cited figures.
York County's lowest property tax rate
Wells's own effective property tax rate (0.60%) runs well below the 1.02% national median, Maine's own 1.10% statewide average, and every other York County town this pass's research found.
Maine's statewide sales and income tax structure applies
Maine's 5.5% general sales tax (no local-option layer) and 7.15% top income-tax rate for the large majority of filers apply in Wells as elsewhere statewide.
Key takeaways
- Wells's housing runs above Maine's statewide median but below neighboring Kennebunk's own figures.
- Wells's own effective property tax rate (0.60%) is the lowest in York County.
- Maine's 5.5% sales tax and layered income-tax structure apply in Wells as elsewhere statewide.
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