Georgetown is a town in Sagadahoc County, Maine, United States. The population was 1,042 at the 2010 census. Home to Reid State Park, the town is part of the Portland–South Portland–Biddeford, Maine Metropolitan Statistical Area. Located on an island accessible by car from the mainland, Georgetown includes the villages of Five Islands, Georgetown, Bay Point, Kennebec Point, Indian Point, Marrtown, West Georgetown and Robinhood. It is a popular tourist destination.
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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