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Affordable
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These days, finding an affordable place to live in the 04008 area can be challenging. Home prices in 04008 are now at a median cost of $407,771, higher than the Maine average of $330,167.
The average cost of rent is $914/mo in 04008, primarily driven by the current value of real estate in the 04008 area. In 04008, 6.23% of households rent, and 28.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 04008 is $9,429 per month. Households that rent pay about 9.69% of their income on rent here. 04008’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
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Zip Codes with Similar Populations
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