Interested in purchasing investment houses in the 04108 zip code in Peaks Island, ME?
The zip code 04108 is in Cumberland county with a latitude of -70.189010000000 and longitude of 43.660570000000, is in the state of Maine. The average asking price of houses and condos is $348,133.00. this regions is classified as the Portland, Maine metro area and is in the 207 area code. The location in degrees is 43° 39' 38.052" N, 70° 11' 20.436" W. The county F.I.P.S. is 23005. The total land area is 1.2 square miles and the water area is 0.7 square miles. The elevation in this area is 0 - 3 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 04108 is in county number 005 and is L. Sector 00, L. Segment 61, H. Sector 18, and H. Segment 18. The population was 876 in 2019 and 862 in 2010. This further breaks down to 364 males (41.6%) and 511 females (58.4%). The median age of residents is 60.0 years. The population of the greater Portland-South Portland-Biddeford, ME area is 524,531. The population density (people per square mile) is 735. This zip code has a combined total of 999 houses and condos. There are 49 rented appartments. 11% of residents rent versus the 11% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $64,573 and the average salary is $48,951. The median household income of individuals is $53,791.00 and the average is $83,230.00. This zip code has a mean commute time to work of 34.0 minutes. The unemployment rate is 1.2%. Income earners by percent breakdown as 45.70% (Under $50,000), 34.40% ($50,000-$100,000), and 19.90% earn over $100,000. 5.2% of residents live below poverty line versus the 10.9% in the state that are below this line. The cost of living index is 90.2. The educational breakdown is 100.3% have a high school education or higher, 70.4% have a bachelor's degree or higher, and 30.5% have some kind of profesional degree.
This area has 425 households and the average size is 2.0 people. Individuals who are single and have never been married are 19.2%, 66.5% are now married, 1.7% are separated, 3.0% are widowed, and 9.6% are divorced. The average yearly contribution amount given by people to charity was $2,784 versus the state average of $2,741. The percent of residents who gave to charity was 38.8%.
The estimated median value of houses and condos is $420,626. The median monthly owner costs of mortgage holders was $2,193, where as the costs for those who don't have a mortgage are $935. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 1.6% which equated to an average real estate tax amount payment of $6,642. 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 1.5% which amounted to an average tax amount of $6,215. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.7% which amounted to an average tax amount of $7,220. Reported taxable interest for persons was $1,117, dividends $7,200, capital gains +$18,173, and itemized deductions $25,646. The average earned income tax credit is $1,667. The percent of individuals that use a tax preparer is 49.0%. The total average income taxes paid by individuals was $11,496. Businesses reported an average profit of $20,860.
The Cockeyed Gull Restaurant
78 Island Ave, Peaks Island, ME 04108
The Inn On Peaks Island
33 Island Ave, Peaks Island, ME 04108
Diamond Cove General Store
255 Diamond Ave, Great Diamond Island, ME 04109 (1.4 miles away)
Long Island Store
262 Island Ave, Long Island, ME 04050 (3 miles away)
Timber Steakhouse & Rotisserie
106 Exchange St, Portland, ME 04101 (3.2 miles away)
Bugaboo Creek Steakhouse
264 Gorham Rd, South Portland, ME 04106 (4.3 miles away)