Total monthly cost of ownership
Cost to Own a Home in Woodland, Maine
A $78,000 home here costs
$900per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $401. The real number is $499 higher every month — 124% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Woodland against Washington County and Maine
| Measure | Woodland | Washington County |
|---|---|---|
| Median home value | $77,900 | $147,100 |
| Median property tax | $1,020 | $1,654 |
| Effective tax rate | 1.309% | 1.124% |
| Median gross rent | $837 | $768 |
| Population | 1,059 | 31,261 |
The weather behind that power bill
Woodland sits in Washington County, which averages a high of 77.0°F in its hottest month and a low of 10.9°F in its coldest, with 49.35" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 260 cooling and 7,761 heating degree days, which is what sets the $257 electricity line above.
See the full climate breakdown for Washington County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Washington County
Full Washington County cost breakdown · Every county in Maine
Common questions
How much does it cost to own a home in Woodland?
A $78,000 home in Woodland, Maine costs approximately $900 per month with 20% down at 6.66%. That is $401 principal and interest, $85 property tax, $23 homeowners insurance, $325 utilities and $65 set aside for maintenance.
What is the property tax rate in Woodland?
Woodland has an effective property tax rate of 1.309%, based on a median home value of $77,900 and median real estate taxes of $1,020. That is higher than the Washington County average of 1.124%.
What is the average home price in Woodland?
The median owner-occupied home value in Woodland, Maine is $77,900, against $147,100 across Washington County.
Is it cheaper to rent or buy in Woodland?
Median gross rent in Woodland is $837 a month, against $900 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Woodland — 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.