Ranked from ACS 2023 5-Year
Lowest Salary Needed to Buy a Home in Maine
The counties where an ordinary income still buys the median home outright by the 28% rule, with the whole monthly bill counted: tax, insurance, utilities and maintenance included, not just the loan payment.
Where does yours land?
Every county in America is somewhere on this scale, including the one you live in.
Maine ranked
| # | County | Income needed | Monthly to own | Median home |
|---|---|---|---|---|
| 1 | Aroostook County | $53,500 | $1,246 | $131,700 |
| 2 | Washington County | $58,000 | $1,351 | $147,100 |
| 3 | Piscataquis County | $59,000 | $1,378 | $153,300 |
| 4 | Somerset County | $60,500 | $1,416 | $155,200 |
| 5 | Franklin County | $67,000 | $1,566 | $176,700 |
| 6 | Oxford County | $72,000 | $1,686 | $192,300 |
| 7 | Penobscot County | $74,000 | $1,723 | $193,800 |
| 8 | Kennebec County | $81,500 | $1,901 | $219,900 |
| 9 | Androscoggin County | $86,500 | $2,014 | $232,000 |
| 10 | Waldo County | $87,000 | $2,034 | $239,100 |
| 11 | Hancock County | $97,500 | $2,281 | $278,400 |
| 12 | Knox County | $105,500 | $2,462 | $290,800 |
| 13 | Lincoln County | $107,000 | $2,498 | $306,200 |
| 14 | Sagadahoc County | $107,000 | $2,501 | $300,200 |
| 15 | York County | $124,500 | $2,903 | $357,200 |
| 16 | Cumberland County | $143,000 | $3,334 | $411,400 |
Every figure is modelled on the county's own median home with 20% down at 7.24%. 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
Lowest Salary Needed to Buy a Home across all 3,133 US counties · Every county in Maine