Freeport Property Tax: The $13.85 Mill Rate Explained

One Town, One Rate — Downtown, South Freeport, and Wolfe's Neck Alike

Freeport's roughly 34.70 square miles of land span a genuinely varied set of neighborhoods — the L.L.Bean flagship and outlet core downtown, the centuries-old working harbor village of South Freeport, and the Wolfe's Neck peninsula with its state park, working farm, and Winslow Memorial Park across the Harraseeket River. Despite that range, all of it sits under a single town-wide mill rate administered by one assessing office. A buyer comparing a condominium near the new downtown infill projects to a cottage near South Freeport's town dock is looking at the same nominal rate either way; Maine towns generally do not layer village-district tax rates on top of a single municipal one, and nothing found in this research suggests Freeport is an exception.

The $13.85 Rate, Sourced and Dated

Freeport's mill rate of $13.85 per $1,000 of assessed valuation comes from mainerealestate.com's Property Taxes by Town compilation, covering FY2025-2026 and stated on a 100% assessment ratio basis for the towns it lists. That is the figure this page relies on throughout. This research did not independently verify a specific FY2026 municipal budget total for Freeport, a year-over-year budget increase percentage, or Freeport's own current assessment ratio directly from the town's own assessing office — none of those more granular figures were confirmed during this research, and this page does not manufacture them. A buyer should verify the current rate and assessment ratio directly with the Town of Freeport's assessing office before relying on this page's figures to estimate an actual bill.

How Freeport Compares Across the Casco Bay Cluster

Per mainerealestate.com's same FY2025-2026 comparison table (per $1,000 of assessed value): Freeport $13.85, Yarmouth $14.55, Brunswick $13.22, Portland $11.98, Scarborough $11.33, Cape Elizabeth $11.00. Read across that list, Freeport sits toward the higher end of this Greater Portland/Casco Bay cluster — meaningfully above Portland, Scarborough, and Cape Elizabeth, roughly in line with (very slightly above) Brunswick, and below only Yarmouth.

That comparison is a real, sourced starting point, but a mill-rate table alone does not tell a buyer what a bill will actually be. Assessment ratios can differ town to town, and this research did not confirm Freeport's own current ratio, so the $13.85 figure should not be read as directly comparable, mill-for-mill, to a neighboring town's rate without also knowing both towns' assessment ratios. On top of that, Maine levies its own state personal income tax on wage, retirement, and other income, layered on top of whatever a given town's mill rate happens to be — a structure genuinely different from states like Florida, Texas, or New Hampshire that either have no state income tax or, in New Hampshire's case, tax only limited categories of income. A buyer relocating from one of those states should treat Freeport's mill rate, however it compares to its neighbors, as only part of the state-plus-local tax picture, not the whole of it.

Running the Rate Against Freeport's Home Values — and a Real, Unresolved Gap

Applying Freeport's $13.85 rate to the town's own home-value benchmarks is illustrative only, not a real tax bill for any specific parcel, and Freeport's home-value data itself carries a genuine, unresolved cross-source gap worth naming directly. Zillow's Home Value Index put Freeport's typical home value at $654,317 as of a January 31, 2026 snapshot, up 2.6% year-over-year; at $13.85 per $1,000, that would work out to roughly $9,062 per year, if that exact rate and value applied to a given parcel. Separately, a Redfin-sourced market-trends aggregation put Freeport's median sale price at $849,900 for June 2026, with 30 homes sold that month, down from 34 a year earlier, and average days on market rising to 25 from 19 — a softening-volume signal even as price holds elevated.

NeighborhoodScout separately reports a Freeport median home value of $985,005 — nearly 50% higher than Zillow's figure — describing Freeport home values as among the most expensive in Maine and citing appreciation of roughly 67% over five years and 114% over ten years. This research could not resolve why Zillow's and NeighborhoodScout's figures differ by roughly $330,000; it may reflect different index methodologies or a different mix of properties weighted into each figure, but no single explanation was confirmed. This page presents both figures with that caveat rather than picking one silently or averaging them, and a buyer sizing up an actual tax bill should independently verify a specific parcel's assessed value with the town directly rather than relying on any of these market-index figures.

A Household Income Picture, From Secondary Sources

Two independently sourced, mutually corroborating estimates put Freeport's whole-town median household income in a roughly $107,000 to $109,000 range — World Population Review reports $107,326, and a separate aggregated figure puts it at $108,864 for 2023 — a range genuinely above Maine's statewide median. Neither of those two figures, however, comes from a primary U.S. Census Bureau source; direct census.gov fetches were not successful during this research, so this range should be treated as a reasonably corroborated estimate rather than a confirmed Census figure, and verified directly against census.gov/quickfacts before being relied on for household-budget planning.

A separate, smaller Census-designated place also named "Freeport, Maine" — the roughly 1,700-person compact downtown core, not the whole roughly 8,700-person town — is sometimes the geography behind lower income and home-value figures reported by some demographic aggregators. Those CDP-level figures describe only the village core, not the whole town, and should not be substituted for the whole-town range used on this page.

What This Page Could Not Confirm

Several things here should be verified directly rather than assumed. Freeport's own current assessment ratio was not independently confirmed during this research. A specific, current FY2025 or FY2026 municipal budget total, or a year-over-year budget increase percentage comparable to what neighboring towns have separately reported, was not found or confirmed for Freeport during this research, and this page does not invent one. The roughly $330,000 gap between Zillow's and NeighborhoodScout's home-value figures for Freeport was not resolved. A first-party Census ACS median household income and median home value figure specific to the whole Town of Freeport, as opposed to the secondary aggregators cited above, was not independently confirmed. Verify all of the above directly with the Town of Freeport's assessing office, Maine Revenue Services, and a Maine-licensed tax professional or real estate attorney before making a purchase decision based on tax exposure.