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Alfred CDP, ME

ZIP 04002 — 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 04002

Median Home Value
$321,100
Median Rent
$771
Affordability Snapshot
$88,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,063/mo PITI).

12%
Rent-to-Income Ratio

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

4.1x
Home Price-to-Income Ratio

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

34.7 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 04002 in Alfred CDP, ME, a household would need roughly $88,000 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 $2,063. That is roughly in line with the local median household income ($77,853). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
89.4%+37% vs US avg
x
Vacancy Rate
15.2%+48% vs US avg
x
Broadband Access
93.0%+7% vs US avg
x
4+ Bedrooms
7.9%-47% vs US avg
x
Built Pre-1939
7.0%-45% vs US avg
x
Built Post-2014
1.3%-81% vs US avg
x
Rent Burden >30%
9.7%-81% vs US avg
x
Mortgage-Free
37.4%-2% vs US avg
x
$321,100
Home Value
$771
Rent
1980
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached80.8%
  • 1-unit attached0.5%
  • 2-9 units5.8%
  • 10+ units0.0%
  • Mobile home & other12.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$321,100
Median rent$771
Owner-occupied89.4%
Vacant15.2%
Price-to-income4.1x
Est. income to buy$88,000