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, ME

ZIP 04981 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 04981

Median Home Value
$220,900
Median Rent
$959
Affordability Snapshot
$61,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,419/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

19.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 04981 in ME, a household would need roughly $61,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,419. That sits below the local median household income ($72,178), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 14% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
84.4%+29% vs US avg
x
Vacancy Rate
13.8%+34% vs US avg
x
Broadband Access
93.8%+8% vs US avg
x
4+ Bedrooms
6.2%-58% vs US avg
x
Built Pre-1939
1.9%-85% vs US avg
x
Built Post-2014
0.6%-92% vs US avg
x
Rent Burden >30%
13.5%-73% vs US avg
x
Mortgage-Free
49.5%+30% vs US avg
x
$220,900
Home Value
$959
Rent
1991
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached70.2%
  • 1-unit attached7.0%
  • 2-9 units7.8%
  • 10+ units0.0%
  • Mobile home & other15.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$220,900
Median rent$959
Owner-occupied84.4%
Vacant13.8%
Price-to-income3.1x
Est. income to buy$61,000