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Affordable
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These days, finding an affordable place to live in the 04950 area can be challenging. Home prices in 04950 are now at a median cost of $202,049, lower than the Maine average of $330,167.
The average cost of rent is $1,013/mo in 04950, primarily driven by the current value of real estate in the 04950 area. In 04950, 45.12% of households rent, and 54.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 04950 is $5,017 per month. Households that rent pay about 20.20% of their income on rent here. 04950’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern 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
- 04911, ME: less expensive homes
- 04958, ME: less expensive homes
- 04976, ME: less expensive homes
- 04957, ME: less expensive homes
- 04979, ME: less expensive homes
- 04912, ME: less expensive homes
- 04924, ME: less expensive homes
- 04956, ME: equally priced homes
- 04961, ME: less expensive homes
- 04943, ME: less expensive homes
Zip Codes with Similar Populations
- 24279, VA: less expensive homes
- 87013, NM: less expensive homes
- 85256, AZ: less expensive homes
- 84511, UT: higher priced homes
- 48892, MI: equally priced homes
- 48416, MI: equally priced homes
- 46914, IN: less expensive homes
- 46741, IN: higher priced homes
- 46710, IN: higher priced homes
- 46562, IN: equally priced homes
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