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, ME

ZIP 04406 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 04406

Median Home Value
$161,900
Median Rent
$635
Affordability Snapshot
$45,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,040/mo PITI).

14%
Rent-to-Income Ratio

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

3.0x
Home Price-to-Income Ratio

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

21.2 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 04406 in ME, a household would need roughly $45,000 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 $1,040. That sits below the local median household income ($53,250), 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 48% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
77.7%+19% vs US avg
x
Vacancy Rate
47.7%+363% vs US avg
x
Broadband Access
82.9%-5% vs US avg
x
4+ Bedrooms
2.3%-84% vs US avg
x
Built Pre-1939
3.6%-72% vs US avg
x
Built Post-2014
0.9%-87% vs US avg
x
Rent Burden >30%
0.0%
x
Mortgage-Free
68.8%+80% vs US avg
x
$161,900
Home Value
$635
Rent
1978
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached88.3%
  • 1-unit attached0.4%
  • 2-9 units1.8%
  • 10+ units0.0%
  • Mobile home & other9.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$161,900
Median rent$635
Owner-occupied77.7%
Vacant47.7%
Price-to-income3.0x
Est. income to buy$45,000