Home Affordability in 04240
Lewiston, ME — Androscoggin County
The median home price in ZIP code 04240 (Lewiston) is $195,000 with a median household income of $38,000. The price-to-income ratio is 5.1x.
Median Home Price
$195,000
Median Income
$38,000
Price-to-Income
5.1x
Est. Affordable Home
$148,000
Property Tax Rate
1.95%
Annual Property Tax
$3,803
Cost of Living
92
Metro Area
Lewiston MSA
Down Payment Scenarios for ZIP 04240
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $5,850 | $189,150 | Yes |
| 5% | $9,750 | $185,250 | Yes |
| 10% | $19,500 | $175,500 | Yes |
| 20% | $39,000 | $156,000 | No |
Get a Personalized Estimate
Use our Home Affordability Calculator with your actual income, debts, and down payment.
Calculate Now