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School Administrative District 29

Learn about the people, housing, costs and businesses in School Administrative District 29, Maine

Median Home$333,062
Median Rent$1,269/month
Population63,394
Leading IndustriesPublic Administration · Finance & Insurance · Professional Services28% public administration
Home Value Growth⬆⬆+19.3% over 2 years
Retirees23% of residentsslightly above average
Homeowners72% of occupied units
NotableHighly Educated23% hold a bachelor's degree · top 20% nationally
School Administrative District 29
ME

Explore School Administrative District 29

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

Frequently Asked Questions

What are today's mortgage rates in School Administrative District 29?

As of today, the 30-year fixed mortgage rate for School Administrative District 29 is approximately 6.911% (6.948% 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 School Administrative District 29?

The median home value in School Administrative District 29 is $333k. The median monthly rent is $1,269. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in School Administrative District 29?

Home values in School Administrative District 29 have increased 19.3% 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 School Administrative District 29?

Based on a typical all-in ownership cost of $1,371/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in School Administrative District 29 is $77k/year.

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What industries drive the economy in School Administrative District 29?

The largest employment sectors in School Administrative District 29 are public administration (28%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.