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Kennebunk

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

Median Home$543,757
Median Rent$1,304/month
Population6,203
Leading IndustriesEducation · Healthcare · Arts, Food & Hospitality5% education
Home Value Growth⬆⬆+20.6% over 2 years
Retirees22% of residentsnear the national average
Homeowners76% of occupied units
NotableAmenity Score88/100 · highly walkable area
NotableHigh Incomes$106k/year · top 14% nationally
Kennebunk
ME

Frequently Asked Questions

What are today's mortgage rates in Kennebunk?

As of today, the 30-year fixed mortgage rate for Kennebunk is approximately 6.839% (6.873% 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 Kennebunk?

The median home value in Kennebunk is $544k. The median monthly rent is $1,304. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kennebunk?

Home values in Kennebunk have increased 20.6% 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 Kennebunk?

Based on a typical all-in ownership cost of $1,645/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kennebunk is $106k/year.

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What industries drive the economy in Kennebunk?

The largest employment sectors in Kennebunk are public administration (20%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.