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Veazie

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

Median Home$297,660
Median Rent$1,472/month
Population172,561
Leading IndustriesHealthcare · Arts, Food & Hospitality · Finance & Insurance14% healthcare
Home Value Growth⬆⬆+17.2% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners53% of occupied units
NotableHighly Educated23% bachelor's · 11% graduate · top 20% nationally
Veazie
ME

Frequently Asked Questions

What are today's mortgage rates in Veazie?

As of today, the 30-year fixed mortgage rate for Veazie is approximately 6.973% (7.012% 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 Veazie?

The median home value in Veazie is $298k. The median monthly rent is $1,472. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Veazie?

Home values in Veazie have increased 17.2% 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 Veazie?

Based on a typical all-in ownership cost of $1,514/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $65k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Veazie is $76k/year.

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What industries drive the economy in Veazie?

The largest employment sectors in Veazie are public administration (22%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.