Interested in purchasing investment houses in the 04088 zip code in Waterford, ME?
The zip code 04088 is in Oxford county with a latitude of -70.716350000000 and longitude of 44.193010000000, is in the state of Maine. The average asking price of houses and condos is $245,200.00 and the average sale price was $99,936.00. this regions is classified as the Portland, Maine metro area and is in the 207 area code. The location in degrees is 44° 11' 34.836" N, 70° 42' 58.86" W. The county F.I.P.S. is 23017. The total land area is 48.2 square miles and the water area is 2.5 square miles. The elevation in this area is 433 - 1109 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 04088 is in county number 017 and is L. Sector 00, L. Segment 01, H. Sector 19, and H. Segment 19. The population was 1,469 in 2019 and 1,516 in 2010. This further breaks down to 753 males (51.3%) and 715 females (48.7%). The median age of residents is 49.6 years. The population density (people per square mile) is 30. This zip code has a combined total of 1,098 houses and condos. There are 81 rented appartments. 14% of residents rent versus the 14% 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 $46,111 and the average salary is $39,163. The median household income of individuals is $38,852.00 and the average is $52,850.00. This zip code has a mean commute time to work of 27.8 minutes. The unemployment rate is 6.3%. Income earners by percent breakdown as 62.20% (Under $50,000), 29.70% ($50,000-$100,000), and 8.00% earn over $100,000. 7.9% of residents live below poverty line versus the 10.9% in the state that are below this line. The cost of living index is 87.5. The educational breakdown is 92.3% have a high school education or higher, 16.0% have a bachelor's degree or higher, and 9.1% have some kind of profesional degree.
This area has 649 households and the average size is 2.5 people. Individuals who are single and have never been married are 27.7%, 44.3% are now married, 1.8% are separated, 7.0% are widowed, and 19.3% are divorced. The average yearly contribution amount given by people to charity was $3,092 versus the state average of $2,741. The percent of residents who gave to charity was 18.8%.
The estimated median value of houses and condos is $179,020. The median monthly owner costs of mortgage holders was $1,258, where as the costs for those who don't have a mortgage are $371. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $1,825. 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 $2,116. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $1,480. Reported taxable interest for persons was $1,471, dividends $6,325, capital gains +$9,489, and itemized deductions $21,988. The average earned income tax credit is $2,083. The percent of individuals that use a tax preparer is 53.1%. The total average income taxes paid by individuals was $8,000. Businesses reported an average profit of $6,664.
Springers General Store
1218 Waterford Rd, Waterford, ME 04088
Village Tie-Up Market & Deli
29 Main St, Harrison, ME 04040 (6.7 miles away)
Smokin' Dave's Backyard BBQ & Grill
230 Main St, Norway, ME 04268 (7.9 miles away)
Maine Lobster Express
7 Main St, Bridgton, ME 04009 (9.8 miles away)
Aj's Everything
409 Maine St, Stoneham, ME 04231 (9.8 miles away)
Market Square Restaurant
24 Market Sq, South Paris, ME 04281 (10.8 miles away)
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