Maine

Princeton

Town Princeton is a town in Maine, in Washington County.

The median owner-occupied home in Princeton had a real-estate tax bill of $1,430 (± $356) a year, compared with $2,926 in Maine and $2,969 nationwide. The Census estimate of the median home value is too imprecise to report.

U.S. Census Bureau estimates for Princeton, Maine and the United States, with margins of error
MeasurePrincetonMaineUnited States
Population 767 ± 167 1,377,400 332,387,540
Median annual property tax bill (homeowners) $1,430 ± $356 $2,926 ± $22 $2,969 ± $3
Median home value Too imprecise to report (estimate $119,000, margin of error ± $71,112) $266,400 ± $2,109 $303,400 ± $362
Median household income $52,935 ± $14,195rough guide only: the margin of error is 27% of the estimate $71,773 ± $660 $78,538 ± $176
Property tax as a share of home value (calculated) Too imprecise to report (estimate 1.20%, margin of error ± 0.78 points) 1.10% ± 0.01 points 0.98% ± under 0.01 points
Homes lived in by their owners 76.4% ± 11.9 points 74.0% ± 0.5 points 65.0% ± 0.3 points
Owner households headed by someone 65 or older 33.5% ± 8.2 points 35.0% ± 0.3 points 32.6% ± 0.2 points
Owners spending 30% or more of income on housing costs Too imprecise to report (estimate 36.1%, margin of error ± 20.6 points) 22.0% ± 0.5 points 22.2% ± 0.1 points
How to read these numbers

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2019–2023: tables B25103 (real estate taxes), B25077 (home value), B19013 (household income), B01003 (population), B25003 (owners and renters), B25007 (age of householder), B25091 (housing costs as a share of income); see the Census ACS data page.

If property taxes go unpaid in Maine

How it works. Municipal tax-lien mortgage recorded against real estate; automatic foreclosure if unredeemed after statutory period, subject to notice safeguards

Excess sale money. Current §943-C requires former-owner excess-sale-proceeds treatment for tax-acquired property; if municipality retains property, it must obtain appraisal and pay calculated excess proceeds. Notice and claim procedures apply

These rules are set by Maine, not by Princeton, so this section is the same for every place in the state. Last verified 2026-09-25. See the full Maine entry with statute links.

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