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These days, finding an affordable place to live in the Silver Ridge area can be challenging. Home prices in Silver Ridge are now at a median cost of $110,771, lower than the Maine average of $330,167.
The average cost of rent is $745/mo in Silver Ridge, primarily driven by the current value of real estate in the Silver Ridge area. In Silver Ridge, 15.29% of households rent, and 67.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Silver Ridge is $3,967 per month. Households that rent pay about 18.79% of their income on rent here. Silver Ridge’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sherman Mills, ME: equally priced homes
- Benedicta, ME: equally priced homes
- Sherman, ME: higher priced homes
- Sherman Station, ME: equally priced homes
- Island Falls, ME: equally priced homes
- Macwahoc, ME: equally priced homes
- Patten, ME: equally priced homes
- Haynesville, ME: equally priced homes
- Wytopitlock, ME: equally priced homes
- Kingman, ME: equally priced homes
Cities with Similar Populations
- Weirgor, WI: higher priced homes
- Cairo, TN: equally priced homes
- Campbell Creek, NC: higher priced homes
- Canon, CO: higher priced homes
- Canton Point, ME: higher priced homes
- Canyon City, CA: higher priced homes
- Weaver, MN: higher priced homes
- Weaver, WV: higher priced homes
- Weeks, AR: higher priced homes
- Cahuilla, CA: higher priced homes
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