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Van Buren

Learn about the people, housing, costs and businesses in Van Buren, Maine

Median Home$94,228
Median Rent$743/month
Population1,704
Leading IndustriesPublic Administration · Professional Services · Information & Media49% public administration
Home Value Growth⬆⬆+19.1% over 2 years
Retirees35% of residentstop 3% nationally
Homeowners66% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableAffordable Market$94k median home · lower cost than 94% of the country
Van Buren
ME

Frequently Asked Questions

What are today's mortgage rates in Van Buren?

As of today, the 30-year fixed mortgage rate for Van Buren is approximately 7.010% (7.053% 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 Van Buren?

The median home value in Van Buren is $94k. The median monthly rent is $743. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Van Buren?

Home values in Van Buren 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 Van Buren?

Based on a typical all-in ownership cost of $683/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Van Buren is $40k/year.

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What industries drive the economy in Van Buren?

The largest employment sectors in Van Buren are public administration (49%) and information and media (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.