Omaha Mortgage Calculator for Portland, Maine (04104)

Free omaha mortgage calculator for residents of Portland, 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
$58,832
per year in Portland
MEDIAN HOME VALUE
$233,131
in Portland, ME
HOUSING AFFORDABILITY: AFFORDABLE

Home prices are reasonably accessible for median-income households in this area.

Local Context for Portland, Maine

In Portland, Maine (Cumberland County, ZIP area), the median household income is $58,832 per year and the median home value is $233,131. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Portland, Maine (ZIP 04104)

City Portland, Maine
County Cumberland County
ZIP Code 04104
State Maine
Time Zone New York
Median Household Income $58,832/year
Median Home Value $233,131

Housing & Cost of Living — Portland, Maine

Affordability Tier Moderately Expensive
Price-to-Income Ratio 4.0x
Est. Monthly Mortgage (20% down, 6.65%) $1,197/mo
Mortgage as % of Monthly Income 24.4%
Income vs. National Median near the national median
Income Tier Lower-Middle Income
Home Value vs. National Median near the national median
Housing Market Tier Affordable Market
Cost of Living Index 79 (Significantly Below Average)

With a price-to-income ratio of 4.0x — above the national average of 4.1x — buyers in this area need to stretch further relative to their income.

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