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Maine

Learn about the people, housing, costs and businesses across Maine

Median Home$321,730
Median Rent$1,212/month
Population1,387,817
Leading IndustriesPublic Administration · Wholesale Trade · Agriculture & Mining27% public administration
Home Value Growth⬆⬆⬆+21.6% over 2 years
Retirees22% of residentstop 2% nationally
Homeowners74% of occupied units
NotableVeteran Community8% of residents · top 21% nationally
Maine

Explore Maine

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Maine?›

As of today, the 30-year fixed mortgage rate for Maine is approximately 6.842% (6.894% 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 Maine?›

The median home value in Maine is $322k. The median monthly rent is $1,212. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Maine?›

Home values in Maine have increased 21.6% 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 Maine?›

Based on a typical all-in ownership cost of $1,245/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Maine is $80k/year.

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What industries drive the economy in Maine?›

The largest employment sectors in Maine are public administration (27%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.