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Regional School Unit 50

Learn about the people, housing, costs and businesses in Regional School Unit 50, Maine

Median Home$130,026
Median Rent$670/month
Population2,786
Leading IndustriesFinance & Insurance · Information & Media · Wholesale Trade10% finance & insurance
Home Value Growth⬆⬆+19.1% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners86% of occupied units
NotableAffordable Market$130k median home · lower cost than 90% of the country
NotableVeteran Community9% of residents · top 15% nationally
Regional School Unit 50
ME

Explore Regional School Unit 50

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

Frequently Asked Questions

What are today's mortgage rates in Regional School Unit 50?

As of today, the 30-year fixed mortgage rate for Regional School Unit 50 is approximately 7.072% (7.114% 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 Regional School Unit 50?

The median home value in Regional School Unit 50 is $130k. The median monthly rent is $670. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Regional School Unit 50?

Home values in Regional School Unit 50 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 Regional School Unit 50?

Based on a typical all-in ownership cost of $656/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 Regional School Unit 50 is $56k/year.

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What industries drive the economy in Regional School Unit 50?

The largest employment sectors in Regional School Unit 50 are public administration (25%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.