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Norridgewock

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

Median Home$151,900
Median Rent$1,063/month
Population1,355
Leading IndustriesRetail · Manufacturing · Education22% retail
Home Value Growth⬆⬆+18.9% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners82% of occupied units
NotableTransit90/100 · excellent transit access
Norridgewock
ME

Frequently Asked Questions

What are today's mortgage rates in Norridgewock?

As of today, the 30-year fixed mortgage rate for Norridgewock is approximately 6.989% (7.029% 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 Norridgewock?

The median home value in Norridgewock is $152k. The median monthly rent is $1,063. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Norridgewock?

Home values in Norridgewock have increased 18.9% 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 Norridgewock?

Based on a typical all-in ownership cost of $791/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Norridgewock is $62k/year.

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What industries drive the economy in Norridgewock?

The largest employment sectors in Norridgewock are retail (22%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.