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Lake Arrowhead CDP, ME

ZIP 04048 — 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 04048

Median Home Value
$264,200
Median Rent
$1,092
Affordability Snapshot
$73,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,697/mo PITI).

15%
Rent-to-Income Ratio

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

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

20.2 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 04048 in Lake Arrowhead CDP, ME, a household would need roughly $73,000 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 $1,697. That sits below the local median household income ($90,125), 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 25% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
93.2%+42% vs US avg
x
Vacancy Rate
25.2%+145% vs US avg
x
Broadband Access
93.6%+8% vs US avg
x
4+ Bedrooms
4.2%-72% vs US avg
x
Built Pre-1939
2.0%-85% vs US avg
x
Built Post-2014
6.1%-11% vs US avg
x
Rent Burden >30%
23.8%-52% vs US avg
x
Mortgage-Free
33.0%-14% vs US avg
x
$264,200
Home Value
$1,092
Rent
1993
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 detached93.4%
  • 1-unit attached1.1%
  • 2-9 units0.4%
  • 10+ units0.0%
  • Mobile home & other5.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$264,200
Median rent$1,092
Owner-occupied93.2%
Vacant25.2%
Price-to-income2.9x
Est. income to buy$73,000