Total monthly cost of ownership
Cost to Own a Home in Winslow, Maine
A $200,000 home here costs
$1,754per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $75,000 a year.
A standard mortgage calculator would have told you $1,090. The real number is $664 higher every month, 61% more than the payment most buyers budget for.
Compare Kennebec County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Winslow against Kennebec County and Maine
| Measure | Winslow | Kennebec County |
|---|---|---|
| Median home value | $200,100 | $219,900 |
| Median property tax | $2,317 | $2,510 |
| Effective tax rate | 1.158% | 1.141% |
| Median gross rent | $953 | $952 |
| Population | 5,701 | 125,614 |
The weather behind that power bill
Winslow sits in Kennebec County, which averages a high of 79.9°F in its hottest month and a low of 12.1°F in its coldest, with 41.84" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 428 cooling and 7,278 heating degree days, which is what sets the $177 electricity line above.
See the full climate breakdown for Kennebec County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Kennebec County
Talk to someone who works this market
These are Winslow averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Winslow every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Winslow I already own here and may sell
Common questions
How much does it cost to own a home in Winslow?
A $200,000 home in Winslow, Maine costs approximately $1,754 per month with 20% down at 7.24%. That is $1,090 principal and interest, $193 property tax, $59 homeowners insurance, $245 utilities and $167 set aside for maintenance.
What is the property tax rate in Winslow?
Winslow has an effective property tax rate of 1.158%, based on a median home value of $200,100 and median real estate taxes of $2,317. That is higher than the Kennebec County average of 1.141%.
What is the average home price in Winslow?
The median owner-occupied home value in Winslow, Maine is $200,100, against $219,900 across Kennebec County.
Is it cheaper to rent or buy in Winslow?
Median gross rent in Winslow is $953 a month, against $1,754 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Winslow?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Winslow, Maine at today's rate takes a household income of roughly $75,000 a year. That covers the full $1,754 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Winslow, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Maine.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.