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Lake View Plantation

Learn about the people, housing, costs and businesses in Lake View Plantation, Maine

Median Home$122,153
Median Rent$639/month
Population2,362
Leading IndustriesTransportation · Professional Services · Construction5% transportation
Home Value Growth⬆⬆⬆+25.5% over 2 years
Retirees26% of residentswell above average
Homeowners73% of occupied units
NotableAffordable Market$122k median home · lower cost than 92% of the country
NotableVeteran Community8% of residents · top 27% nationally
Lake View Plantation
ME

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Frequently Asked Questions

What are today's mortgage rates in Lake View Plantation?

As of today, the 30-year fixed mortgage rate for Lake View Plantation is approximately 7.088% (7.134% 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 Lake View Plantation?

The median home value in Lake View Plantation is $122k. The median monthly rent is $639. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lake View Plantation?

Home values in Lake View Plantation have increased 25.5% 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 Lake View Plantation?

Based on a typical all-in ownership cost of $650/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake View Plantation is $54k/year.

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What industries drive the economy in Lake View Plantation?

The largest employment sectors in Lake View Plantation are public administration (21%) and agriculture and mining (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.