Ranked from ACS 2023 5-Year
Highest Salary Needed to Buy a Home in Maine
What a household has to earn to buy the county's own median home under the standard 28% rule, meaning housing costs at no more than 28% of gross income, counting the full monthly bill rather than just the mortgage. These are the counties where the entry ticket is steepest.
Maine ranked
| # | County | Income needed | Monthly to own | Median home |
|---|---|---|---|---|
| 1 | Cumberland County | $141,000 | $3,289 | $411,400 |
| 2 | York County | $123,000 | $2,864 | $357,200 |
| 3 | Sagadahoc County | $106,000 | $2,469 | $300,200 |
| 4 | Lincoln County | $105,500 | $2,464 | $306,200 |
| 5 | Knox County | $104,000 | $2,431 | $290,800 |
| 6 | Hancock County | $96,500 | $2,251 | $278,400 |
| 7 | Waldo County | $86,000 | $2,009 | $239,100 |
| 8 | Androscoggin County | $85,500 | $1,990 | $232,000 |
| 9 | Kennebec County | $80,500 | $1,878 | $219,900 |
| 10 | Penobscot County | $73,000 | $1,703 | $193,800 |
| 11 | Oxford County | $71,500 | $1,665 | $192,300 |
| 12 | Franklin County | $66,500 | $1,547 | $176,700 |
| 13 | Somerset County | $60,000 | $1,400 | $155,200 |
| 14 | Piscataquis County | $58,500 | $1,362 | $153,300 |
| 15 | Washington County | $57,000 | $1,336 | $147,100 |
| 16 | Aroostook County | $53,000 | $1,232 | $131,700 |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Highest Salary Needed to Buy a Home across all 3,133 US counties · Every county in Maine