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These days, finding an affordable place to live in the 04862 area can be challenging. Home prices in 04862 are now at a median cost of $195,803, lower than the Maine average of $243,042.
The average cost of rent is $838/mo in 04862, primarily driven by the current value of real estate in the 04862 area. While nearly 40.98% of residents own their homes outright in 04862, 15.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in 04862 is $4,563 per month. Households that rent pay about 18.36% of their income on rent here. 04862's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 04847, ME: higher priced homes
- 04574, ME: less expensive homes
- 04973, ME: higher priced homes
- 04864, ME: less expensive homes
- 04949, ME: equally priced homes
- 04856, ME: higher priced homes
- 04843, ME: higher priced homes
- 04572, ME: equally priced homes
- 04348, ME: equally priced homes
- 04841, ME: equally priced homes
Zip Codes with Similar Populations
- 77871, TX: equally priced homes
- 13033, NY: less expensive homes
- 12526, NY: higher priced homes
- 12404, NY: higher priced homes
- 39897, GA: less expensive homes
- 45369, OH: equally priced homes
- 37880, TN: less expensive homes
- 46573, IN: equally priced homes
- 66534, KS: less expensive homes
- 49117, MI: higher priced homes
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