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Affordable
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These days, finding an affordable place to live in the 04961 area can be challenging. Home prices in 04961 are now at a median cost of $175,392, lower than the Maine average of $330,167.
The average cost of rent is $843/mo in 04961, primarily driven by the current value of real estate in the 04961 area. In 04961, 20.82% of households rent, and 62.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 04961 is $4,097 per month. Households that rent pay about 20.58% of their income on rent here. 04961’s most expensive areas are in the northwestern 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
- 04947, ME: higher priced homes
- 04958, ME: less expensive homes
- 04983, ME: higher priced homes
- 04979, ME: equally priced homes
- 04920, ME: less expensive homes
- 04950, ME: higher priced homes
- 04966, ME: equally priced homes
- 04912, ME: equally priced homes
- 04942, ME: higher priced homes
- 04970, ME: higher priced homes
Zip Codes with Similar Populations
- 97823, OR: less expensive homes
- 49745, MI: equally priced homes
- 70780, LA: higher priced homes
- 71652, AR: less expensive homes
- 76538, TX: higher priced homes
- 80810, CO: equally priced homes
- 81036, CO: less expensive homes
- 11957, NY: higher priced homes
- 81630, CO: higher priced homes
- 85336, AZ: higher priced homes
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