Omaha Mortgage Calculator for Scarborough, Maine (04074)

Free omaha mortgage calculator for residents of Scarborough, Maine. Calculate your monthly mortgage payment in Omaha, NE. Includes Nebraska property tax and insurance rates so you know your true housing cost.

MEDIAN HOUSEHOLD INCOME
$73,165
per year in Scarborough
MEDIAN HOME VALUE
$691,520
in Scarborough, ME
HOUSING AFFORDABILITY: VERY EXPENSIVE

Home prices far exceed what local incomes can comfortably support.

Local Context for Scarborough, Maine

In Scarborough, Maine (Cumberland County, ZIP area), the median household income is $73,165 per year and the median home value is $691,520. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Scarborough, Maine (ZIP 04074)

City Scarborough, Maine
County Cumberland County
ZIP Code 04074
State Maine
Time Zone New York
Median Household Income $73,165/year
Median Home Value $691,520

Housing & Cost of Living — Scarborough, Maine

Affordability Tier Moderately Expensive
Price-to-Income Ratio 4.3x
Est. Monthly Mortgage (20% down, 6.65%) $1,608/mo
Mortgage as % of Monthly Income 26.4%
Income vs. National Median near the national median
Income Tier Middle Income
Home Value vs. National Median near the national median
Housing Market Tier Mid-Range Market
Cost of Living Index 106 (Near National Average)

With a price-to-income ratio of 4.3x — above the national average of 4.1x — buyers in this area need to stretch further relative to their income.

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