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Affordable
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These days, finding an affordable place to live in the 04497 area can be challenging. Home prices in 04497 are now at a median cost of $107,983, lower than the Maine average of $330,167.
The average cost of rent is $783/mo in 04497, primarily driven by the current value of real estate in the 04497 area. In 04497, 15.45% of households rent, and 67.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 04497 is $3,887 per month. Households that rent pay about 20.16% of their income on rent here. 04497’s most expensive areas are in the central regions, while the cheapest areas are in the southern 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
- 04424, ME: higher priced homes
- 04733, ME: equally priced homes
- 04776, ME: equally priced homes
- 04777, ME: higher priced homes
- 04460, ME: equally priced homes
- 04430, ME: less expensive homes
- 04462, ME: higher priced homes
- 04478, ME: higher priced homes
- 04945, ME: higher priced homes
- 49775, MI: higher priced homes
Zip Codes with Similar Populations
- 27972, NC: higher priced homes
- 55615, MN: higher priced homes
- 04936, ME: higher priced homes
- 80469, CO: higher priced homes
- 89830, NV: higher priced homes
- 72752, AR: higher priced homes
- 99764, AK: equally priced homes
- 15440, PA: higher priced homes
- 72123, AR: less expensive homes
- 67850, KS: less expensive homes
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