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 | $51,500 | $1,198 | $131,700 |
| 2 | Washington County | $55,500 | $1,299 | $147,100 |
| 3 | Piscataquis County | $56,500 | $1,324 | $153,300 |
| 4 | Somerset County | $58,500 | $1,362 | $155,200 |
| 5 | Franklin County | $64,500 | $1,506 | $176,700 |
| 6 | Oxford County | $69,500 | $1,622 | $192,300 |
| 7 | Penobscot County | $71,000 | $1,659 | $193,800 |
| 8 | Kennebec County | $78,500 | $1,831 | $219,900 |
| 9 | Androscoggin County | $83,000 | $1,941 | $232,000 |
| 10 | Waldo County | $84,000 | $1,959 | $239,100 |
| 11 | Hancock County | $94,000 | $2,195 | $278,400 |
| 12 | Knox County | $101,500 | $2,373 | $290,800 |
| 13 | Lincoln County | $103,000 | $2,405 | $306,200 |
| 14 | Sagadahoc County | $103,500 | $2,410 | $300,200 |
| 15 | York County | $120,000 | $2,797 | $357,200 |
| 16 | Cumberland County | $137,500 | $3,214 | $411,400 |
Every figure is modelled on the county's own median home with 20% down at 6.76%. 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