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West Kennebunk

Learn about the people, housing, costs and businesses in West Kennebunk, Maine

Median Home$477,400
Median Rent$1,627/month
Population1,145
Leading IndustriesArts, Food & Hospitality · Professional Services · Public Administration8% arts, food & hospitality
Home Value Growth⬆⬆+12.2% over 2 years
Family-Friendly22% of residents
Homeowners91% of occupied units
NotableHigh Incomes$124k/year · top 8% nationally
NotableHighly Educated29% bachelor's · 12% graduate · top 10% nationally
West Kennebunk
ME

Frequently Asked Questions

What are today's mortgage rates in West Kennebunk?

As of today, the 30-year fixed mortgage rate for West Kennebunk is approximately 6.832% (6.866% 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 West Kennebunk?

The median home value in West Kennebunk is $477k. The median monthly rent is $1,627. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in West Kennebunk?

Home values in West Kennebunk have increased 12.2% 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 West Kennebunk?

Based on a typical all-in ownership cost of $1,691/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $72k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in West Kennebunk is $124k/year.

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What industries drive the economy in West Kennebunk?

The largest employment sectors in West Kennebunk are public administration (26%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.