Interested in purchasing investment houses in the 04050 zip code in Long Island, ME?
The zip code 04050 is in Cumberland county with a latitude of -70.156960000000 and longitude of 43.692050000000, is in the state of Maine. The average asking price of houses and condos is $533,750.00. this regions is classified as the Portland, Maine metro area and is in the 207 area code. The location in degrees is 43° 41' 31.38" N, 70° 9' 25.056" W. The county F.I.P.S. is 23005. The total land area is 1.4 square miles and the water area is 13.0 square miles. The zip code is on eastern standard time and observes daylight savings time.
The zip 04050 is in county number 005 and is L. Sector 02, L. Segment 51, H. Sector 09, and H. Segment 09. The population was 317 in 2019 and 230 in 2010. This further breaks down to 153 males (48.4%) and 163 females (51.6%). The median age of residents is 58.3 years. The population of the greater Portland-South Portland-Biddeford, ME area is 524,531. The population density (people per square mile) is 223. This zip code has a combined total of 411 houses and condos. There are 23 rented appartments. 16% of residents rent versus the 16% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $53,736 and the average salary is $32,143. The median household income of individuals is $45,455.00 and the average is $69,830.00. This zip code has a mean commute time to work of 34.7 minutes. Income earners by percent breakdown as 54.50% (Under $50,000), 43.40% ($50,000-$100,000), and 2.00% earn over $100,000. 8.5% of residents live below poverty line versus the 10.9% in the state that are below this line. The cost of living index is 89.5. The educational breakdown is 98.0% have a high school education or higher, 55.0% have a bachelor's degree or higher, and 17.4% have some kind of profesional degree.
This area has 99 households and the average size is 2.2 people. Individuals who are single and have never been married are 15.4%, 62.3% are now married, 0.0% are separated, 11.0% are widowed, and 11.3% are divorced. The average yearly contribution amount given by people to charity was $1,233 versus the state average of $2,741. The percent of residents who gave to charity was 27.3%.
The estimated median value of houses and condos is $402,603. The median monthly owner costs of mortgage holders was $1,722, where as the costs for those who don't have a mortgage are $496. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 5.8.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $2,955. In comparision, the average real estate tax percent rate in the state is 1.3% which equated to an average real estate tax amount payment in the state of $2,597. The median housing property tax percent for residents with mortgages was 0.6% which amounted to an average tax amount of $3,047. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.8% which amounted to an average tax amount of $2,880. Reported taxable interest for persons was $225, dividends $3,150, capital gains +$4,000, and itemized deductions $17,950. The average earned income tax credit is $1,278. The percent of individuals that use a tax preparer is 45.5%. The total average income taxes paid by individuals was $10,233. Businesses reported an average profit of $14,175.
Long Island Store
262 Island Ave, Long Island, ME 04050
Diamond Cove General Store
255 Diamond Ave, Great Diamond Island, ME 04109 (2.4 miles away)
The Cockeyed Gull Restaurant
78 Island Ave, Peaks Island, ME 04108 (3 miles away)
Calders Clam Shack
108 North Rd, Chebeague Island, ME 04017 (3.6 miles away)
Timber Steakhouse & Rotisserie
106 Exchange St, Portland, ME 04101 (5.6 miles away)
Hugs Italian Restaurant
204 Us Route 1, Falmouth, ME 04105 (6.1 miles away)