ZIP code 04416: income, home prices and cost of living

The median household income in ZIP 04416 is $56,598, which is 15% below the Maine median of $66,357 and 18% below the national figure. The typical home is valued at $196,900, and the median rent is $844/month. 78.6% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$56,598

Maine average
$66,35715%
National
$68,75018%

Median home value

$196,900

Maine average
$213,7008%
National
$209,6006%

Median gross rent

$844

Maine average
$95011%
National
$98414%

Median age

40.9 yrs

Maine average
46.4 yrs12%
National
41.0 yrs

Homeownership rate

78.6%

Maine average
83.2%6%
National
75.8%4%

Bachelor's degree or higher

15.5%

Maine average
18.0%14%
National
15.9%3%

How ZIP 04416 compares with Maine and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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Nearby ZIP codes in Maine

04412044010444404457043640446804473043450433004530

Or compare 04416 with 04412.

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What people search about ZIP 04416

Searches for the cost of living in 04416, the median household income in 04416, average rent in 04416 and home values in this part of Maine all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 04416, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.