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These days, finding an affordable place to live in the 04416 area can be challenging. Home prices in 04416 are now at a median cost of $187,412, lower than the Maine average of $243,042.
The average cost of rent is $617/mo in 04416, primarily driven by the current value of real estate in the 04416 area. While nearly 41.50% of residents own their homes outright in 04416, 14.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in 04416 is $4,238 per month. Households that rent pay about 14.57% of their income on rent here. 04416's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 04472, ME: equally priced homes
- 04431, ME: less expensive homes
- 04496, ME: equally priced homes
- 04438, ME: less expensive homes
- 04981, ME: higher priced homes
- 04474, ME: equally priced homes
- 04429, ME: higher priced homes
- 04444, ME: higher priced homes
- 04412, ME: equally priced homes
- 04951, ME: less expensive homes
Zip Codes with Similar Populations
- 98380, WA: higher priced homes
- 70339, LA: equally priced homes
- 45381, OH: less expensive homes
- 43762, OH: equally priced homes
- 24517, VA: less expensive homes
- 28018, NC: less expensive homes
- 07632, NJ: higher priced homes
- 28073, NC: less expensive homes
- 81413, CO: higher priced homes
- 28163, NC: higher priced homes
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