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Newcastle
Newcastle
Maine
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Newcastle is a town in Lincoln County, Maine, United States. The population was 1,752 at the 2010 census. The village of Newcastle is located in the eastern part of the town, on the Damariscotta River. Together with the village of Damariscotta linked by the Main Street bridge, they form the Twin Villages (see Damariscotta-Newcastle CDP).

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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.

Learn more about taxes in Maine

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