Home Affordability in 04101
Portland, ME — Cumberland County
The median home price in ZIP code 04101 (Portland) is $445,000 with a median household income of $62,000. The price-to-income ratio is 7.2x.
Median Home Price
$445,000
Median Income
$62,000
Price-to-Income
7.2x
Est. Affordable Home
$241,000
Property Tax Rate
1.35%
Annual Property Tax
$6,008
Cost of Living
115
Metro Area
Portland MSA
Down Payment Scenarios for ZIP 04101
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $13,350 | $431,650 | Yes |
| 5% | $22,250 | $422,750 | Yes |
| 10% | $44,500 | $400,500 | Yes |
| 20% | $89,000 | $356,000 | No |
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