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Veazie

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

Median Home$293,100
Median Rent$1,095/month
Population1,847
Leading IndustriesPublic Administration · Information & Media36% public administration
Home Value Growth⬆⬆⬆+38.0% over 2 years
Retirees21% of residentsnear the national average
Homeowners72% of occupied units
NotableHighly Educated31% hold a bachelor's degree · top 7% 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 6.934% (6.971% 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 $293k. The median monthly rent is $1,095. Annual property taxes average $4k. 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 38.0% 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 $1,163/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Veazie is $78k/year.

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What industries drive the economy in Veazie?

The largest employment sectors in Veazie are public administration (36%) and information and media (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.