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Moro Plantation

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

Median Home$121,300
Median Rent$692/month
Population50
Leading IndustriesFinance & Insurance · Information & Media · Construction12% finance & insurance
Home Value Growth⬆⬆+19.1% over 2 years
Family-Friendly28% of residentstop 4% nationally
Homeowners84% of occupied units
NotableAffordable Market$121k median home · lower cost than 92% of the country
NotableVeteran Community9% of residents · top 15% nationally
Moro Plantation
ME

Frequently Asked Questions

What are today's mortgage rates in Moro Plantation?

As of today, the 30-year fixed mortgage rate for Moro Plantation 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 Moro Plantation?

The median home value in Moro Plantation is $121k. The median monthly rent is $692. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Moro Plantation?

Home values in Moro Plantation have increased 19.1% 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 Moro Plantation?

Based on a typical all-in ownership cost of $617/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Moro Plantation is $57k/year.

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What industries drive the economy in Moro Plantation?

The largest employment sectors in Moro Plantation are public administration (25%) and information and media (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.