Beaver Cove has one of the lowest tax rates in the State of Maine.  Over the past 5 years the mil rate has ranged between $7.10 – $7.50 per $1000 of assessed value.  All but 14 acres of the Property is enrolled in the Tree Growth Tax Program.  The assessed value of qualifying acreage is based on the County average value of commercial timberland which effectively reduces the tax burden.  There is a penalty for removing all or part of this land from the program.  Taxes for 2020 were approximately $3900.