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These days, finding an affordable place to live in the 04224 area can be challenging. Home prices in 04224 are now at a median cost of $162,152, lower than the Maine average of $330,167.
The average cost of rent is $691/mo in 04224, primarily driven by the current value of real estate in the 04224 area. In 04224, 13.15% of households rent, and 49.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 04224 is $5,774 per month. Households that rent pay about 11.97% of their income on rent here. 04224’s most expensive areas are in the northern regions, while the cheapest areas are in the central 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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