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Cornish

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

Median Home$272,800
Median Rent$1,192/month
Population815
Leading IndustriesConstruction · Agriculture & Mining · Manufacturing9% construction
Home Value Growth⬆⬆⬆+29.9% over 2 years
Young Adults25% of residents
Homeowners84% of occupied units
Cornish
ME

Frequently Asked Questions

What are today's mortgage rates in Cornish?

As of today, the 30-year fixed mortgage rate for Cornish is approximately 6.889% (6.925% 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 Cornish?

The median home value in Cornish is $273k. The median monthly rent is $1,192. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cornish?

Home values in Cornish have increased 29.9% 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 Cornish?

Based on a typical all-in ownership cost of $1,123/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cornish is $69k/year.

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What industries drive the economy in Cornish?

The largest employment sectors in Cornish are public administration (25%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.