Interested in purchasing investment houses in the 04920 zip code in Bingham, ME?
The zip code 04920 is in Somerset county with a latitude of -69.850230000000 and longitude of 45.140110000000, is in the state of Maine. The average asking price of houses and condos is $110,040.00 and the average sale price was $194,083.00. this regions is classified as the Bangor metro area and is in the 207 area code. The location in degrees is 45° 8' 24.396" N, 69° 51' 0.828" W. The county F.I.P.S. is 23025. The total land area is 254.5 square miles and the water area is 10.6 square miles. The elevation in this area is 417 - 1509 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 04920 is in county number 025 and is L. Sector 00, L. Segment 01, H. Sector 49, and H. Segment 49. The population was 1,655 in 2019 and 1,713 in 2010. This further breaks down to 915 males (55.3%) and 740 females (44.7%). The median age of residents is 49.8 years. The population density (people per square mile) is 7. This zip code has a combined total of 1,305 houses and condos. There are 126 rented appartments. 17% of residents rent versus the 17% 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 $32,337 and the average salary is $27,279. The median household income of individuals is $32,569.00 and the average is $39,180.00. This zip code has a mean commute time to work of 31.4 minutes. The unemployment rate is 8.1%. Income earners by percent breakdown as 71.30% (Under $50,000), 24.30% ($50,000-$100,000), and 4.40% earn over $100,000. 17.7% of residents live below poverty line versus the 10.9% in the state that are below this line. The cost of living index is 85.0. The educational breakdown is 88.2% have a high school education or higher, 15.2% have a bachelor's degree or higher, and 2.4% have some kind of profesional degree.
This area has 786 households and the average size is 2.2 people. Individuals who are single and have never been married are 26.2%, 47.7% are now married, 1.1% are separated, 8.1% are widowed, and 16.8% are divorced. The average yearly contribution amount given by people to charity was $725 versus the state average of $2,741. The percent of residents who gave to charity was 6.0%.
The estimated median value of houses and condos is $89,123. The median monthly owner costs of mortgage holders was $832, where as the costs for those who don't have a mortgage are $347. The median number of rooms in houses and condos are 5.5 versus apartments which had a median number of 3.3.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $961. 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 1.1% which amounted to an average tax amount of $990. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.2% which amounted to an average tax amount of $936. Reported taxable interest for persons was $737, dividends $1,625, capital gains +$480, and itemized deductions $15,067. The average earned income tax credit is $2,035. The percent of individuals that use a tax preparer is 50.7%. The total average income taxes paid by individuals was $5,167. Businesses reported an average profit of $9,155.
Thompson's Restaurant
348 Main St, Bingham, ME 04920
Patrick's Restaurant and Pub
36 Main St, Bingham, ME 04920
Maplewood Restaurant & Lounge
418 Main St, Bingham, ME 04920
Valley View Market Pizzas and Subs
326 Main St, Bingham, ME 04920
Landlubbers Grille & Dairy Bar
23 S Main St, Athens, ME 04912 (13.8 miles away)
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