Bar Harbor is a town on Mount Desert Island in Hancock County, Maine, United States. As of the 2010 census, its population is 5,235. Bar Harbor is a popular tourist destination in the Down East region of Maine and home to the College of the Atlantic, Jackson Laboratory, and MDI Biological Laboratory (Salisbury Cove village). Prior to a catastrophic 1947 fire, the town was a famous summer colony for the super-affluent elite. Bar Harbor is home to the largest parts of Acadia National Park, including Cadillac Mountain, the highest point within twenty-five miles (40 km) of the coastline of the Eastern United States. The town is served by the Hancock County-Bar Harbor Airport, which has flights on Cape Air and PenAir to Boston, as well as seasonal flights to Newark and Portland, ME on Elite Airways.
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How did Maine earn the grade of C? We examined the state taxes based on how age friendly they are. Maine has a state sales tax of 5.50%. Of particular interest is that Maine does not have taxes on social security. There are estate taxes. There are no taxes imposed on inheritance. Maine has an effective property tax rate of 1.32%. Weighing these taxes and other taxes most likely to impact the aging population is how Maine earned its state tax grade of C.
Learn more about taxes in Maine