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Danforth CDP, ME

ZIP 04424 — 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 04424

Median Home Value
$109,800
Median Rent
$404
Affordability Snapshot
$30,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$705/mo PITI).

11%
Rent-to-Income Ratio

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

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

22.6 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 04424 in Danforth CDP, ME, a household would need roughly $30,000 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 $705. That sits below the local median household income ($42,313), 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 50% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
84.8%+30% vs US avg
x
Vacancy Rate
50.3%+388% vs US avg
x
Broadband Access
87.6%+1% vs US avg
x
4+ Bedrooms
2.9%-81% vs US avg
x
Built Pre-1939
4.3%-67% vs US avg
x
Built Post-2014
1.0%-86% vs US avg
x
Rent Burden >30%
0.0%
x
Mortgage-Free
57.8%+51% vs US avg
x
$109,800
Home Value
$404
Rent
1989
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

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

  • 1-unit detached89.8%
  • 1-unit attached0.4%
  • 2-9 units0.6%
  • 10+ units2.2%
  • Mobile home & other7.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$109,800
Median rent$404
Owner-occupied84.8%
Vacant50.3%
Price-to-income2.6x
Est. income to buy$30,000