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Affordable
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These days, finding an affordable place to live in the Spruce Head area can be challenging. Home prices in Spruce Head are now at a median cost of $348,127, higher than the Maine average of $330,167.
The average cost of rent is $1,380/mo in Spruce Head, primarily driven by the current value of real estate in the Spruce Head area. In Spruce Head, 14.12% of households rent, and 60.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spruce Head is $6,212 per month. Households that rent pay about 22.22% of their income on rent here. Spruce Head’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- St. George, ME: equally priced homes
- South Thomaston, ME: higher priced homes
- Cushing, ME: higher priced homes
- Tenants Harbor, ME: equally priced homes
- Thomaston, ME: less expensive homes
- Owls Head, ME: higher priced homes
- Friendship, ME: less expensive homes
- Pleasant Point, ME: higher priced homes
- Port Clyde, ME: equally priced homes
- Rockland, ME: less expensive homes
Cities with Similar Populations
- Seelyville, IN: less expensive homes
- Montreal, WI: less expensive homes
- Port Gibson, NY: less expensive homes
- Ripley, OK: less expensive homes
- Round Lake, NY: equally priced homes
- Rumley, TX: higher priced homes
- Salisbury, NH: equally priced homes
- San Rafael, NM: less expensive homes
- Sasser, GA: less expensive homes
- Savage, MS: less expensive homes
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