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Affordable
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These days, finding an affordable place to live in the 04623 area can be challenging. Home prices in 04623 are now at a median cost of $173,653, lower than the Maine average of $330,167.
The average cost of rent is $864/mo in 04623, primarily driven by the current value of real estate in the 04623 area. In 04623, 18.57% of households rent, and 60.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 04623 is $3,960 per month. Households that rent pay about 21.81% of their income on rent here. 04623’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern 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
- 04643, ME: less expensive homes
- 04606, ME: equally priced homes
- 04622, ME: equally priced homes
- 04648, ME: higher priced homes
- 04658, ME: higher priced homes
- 04649, ME: less expensive homes
- 04654, ME: less expensive homes
- 04611, ME: higher priced homes
- 04680, ME: equally priced homes
- 04655, ME: equally priced homes
Zip Codes with Similar Populations
- 26238, WV: less expensive homes
- 52570, IA: less expensive homes
- 98336, WA: higher priced homes
- 48841, MI: equally priced homes
- 89440, NV: higher priced homes
- 87056, NM: higher priced homes
- 29166, SC: less expensive homes
- 36761, AL: less expensive homes
- 84782, UT: higher priced homes
- 62046, IL: higher priced homes
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