Beaver Cove has one of the lowest tax rates in the State of Maine. Over the past five years the mil rate has ranged between $7.10-$7.50 per $1000 of assessed value. The Property is enrolled in the Tree Growth Tax Program. The assessed value is reduced for commercial timberland effectively reducing the tax burden. There is a penalty for removing all or part of this land from the program. Taxes for 2018 were approximately $4500.