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Woodland

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

Median Home$112,100
Median Rent$873/month
Population867
Leading IndustriesRetail · Public Administration · Professional Services21% retail
Home Value Growth⬆⬆+13.3% over 2 years
Young Adults23% of residents
Homeowners84% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
Woodland
ME

Frequently Asked Questions

What are today's mortgage rates in Woodland?

As of today, the 30-year fixed mortgage rate for Woodland is approximately 7.249% (7.298% 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 Woodland?

The median home value in Woodland is $112k. The median monthly rent is $873. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Woodland?

Home values in Woodland have increased 13.3% 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 Woodland?

Based on a typical all-in ownership cost of $831/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Woodland is $60k/year.

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What industries drive the economy in Woodland?

The largest employment sectors in Woodland are public administration (30%) and retail (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.