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Burlington

Learn about the people, housing, costs and businesses in Burlington, Maine

Median Home$147,500
Median Rent$575/month
Population351
Leading IndustriesPublic Administration · Wholesale Trade · Construction32% public administration
Home Value Growth⬆⬆+19.2% over 2 years
Retirees26% of residentswell above average
Homeowners93% of occupied units
NotableVeteran Community12% of residents · top 3% nationally
NotableAffordable Market$148k median home · lower cost than 85% of the country
Burlington
ME

Frequently Asked Questions

What are today's mortgage rates in Burlington?

As of today, the 30-year fixed mortgage rate for Burlington is approximately 6.971% (7.010% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Burlington?

The median home value in Burlington is $148k. The median monthly rent is $575. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Burlington?

Home values in Burlington have increased 19.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Burlington?

Based on a typical all-in ownership cost of $570/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Burlington is $48k/year.

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What industries drive the economy in Burlington?

The largest employment sectors in Burlington are public administration (32%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.