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Milford
Milford
Maine
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Milford is a town in Penobscot County, Maine, United States. It is located across the Penobscot River from the city of Old Town. The population of Milford was 3,070 at the 2010 census. The town's slogan is the "Best little town by a dam site," referring to the Milford Dam abutting Milford on the Penobscot River, south of the Penobscot Indian Island Reservation.

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Taxes

C

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.

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