Interested in purchasing investment houses in the 04237 zip code in Hanover, ME?
The zip code 04237 is in Oxford county with a latitude of -70.725640000000 and longitude of 44.496650000000, is in the state of Maine. The average asking price of houses and condos is $152,000.00 and the average sale price was $141,926.00. this regions is classified as the Portland, Maine metro area and is in the 207 area code. The location in degrees is 44° 29' 47.94" N, 70° 43' 32.304" W. The county F.I.P.S. is 23017. The total land area is 7.0 square miles and the water area is 0.5 square miles. The elevation in this area is 899 - 1132 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 04237 is in county number 017 and is L. Sector 00, L. Segment 31, H. Sector 50, and H. Segment 50. The population was 175 in 2019 and 238 in 2010. This further breaks down to 58 males (33.3%) and 117 females (66.7%). The median age of residents is 56.5 years. The population density (people per square mile) is 25. This zip code has a combined total of 290 houses and condos. There are 6 rented appartments. 7% of residents rent versus the 7% 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 $40,264 and the average salary is $34,136. The median household income of individuals is $44,648.00 and the average is $49,930.00. This zip code has a mean commute time to work of 30.3 minutes. Income earners by percent breakdown as 53.20% (Under $50,000), 37.80% ($50,000-$100,000), and 9.00% earn over $100,000. 2.1% of residents live below poverty line versus the 10.9% in the state that are below this line. The cost of living index is 85.3. The educational breakdown is 96.2% have a high school education or higher, 22.7% have a bachelor's degree or higher, and 6.7% have some kind of profesional degree.
This area has 116 households and the average size is 2.0 people. Individuals who are single and have never been married are 24.5%, 41.3% are now married, 1.1% are separated, 4.6% are widowed, and 28.4% are divorced. The average yearly contribution amount given by people to charity was $1,850 versus the state average of $2,741. The percent of residents who gave to charity was 14.3%.
The estimated median value of houses and condos is $177,362. The median monthly owner costs of mortgage holders was $882, where as the costs for those who don't have a mortgage are $375. The median number of rooms in houses and condos are 5.0 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $1,891. 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. Reported taxable interest for persons was $600, dividends $2,850, and itemized deductions $16,325. The average earned income tax credit is $1,700. The percent of individuals that use a tax preparer is 57.1%. The total average income taxes paid by individuals was $6,325. Businesses reported an average profit of $7,423.
The Local Hub
224 Main St, Greenwood, ME 04255 (6.5 miles away)
Chosun
141 Main St, Bethel, ME 04217 (7 miles away)
Crosstone Restaurant
1132 S Main St, Bryant Pond, ME 04219 (7.8 miles away)
Diconzo's Ristorante
136 Congress St, Rumford, ME 04276 (8.2 miles away)
Rowe's Afternoon Delite
856 River Rd, Mexico, ME 04257 (10 miles away)
Coop's Place
64 Bethel Rd, West Paris, ME 04289 (13.8 miles away)
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