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New Sharon
New Sharon
Maine
0 reviews
3 out of 5 stars based on 0 ratings
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New Sharon is a town in Franklin County, Maine, United States, incorporated in 1794. The population was 1,407 at the 2010 census. The town is roughly bisected by the Sandy River a tributary of the Kennebec River. Fred H. Hale, Sr.–who was recognized as the world's oldest living man from March 5, 2004 to November 19, 2004–was born in the town on December 1, 1890.

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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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