Omaha Mortgage Calculator for Cape Elizabeth, Maine (04107)

Free omaha mortgage calculator for residents of Cape Elizabeth, 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
$59,446
per year in Cape Elizabeth
MEDIAN HOME VALUE
$887,027
in Cape Elizabeth, ME
HOUSING AFFORDABILITY: VERY EXPENSIVE

Home prices far exceed what local incomes can comfortably support.

Local Context for Cape Elizabeth, Maine

In Cape Elizabeth, Maine (Cumberland County, ZIP area), the median household income is $59,446 per year and the median home value is $887,027. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Cape Elizabeth, Maine (ZIP 04107)

City Cape Elizabeth, Maine
County Cumberland County
ZIP Code 04107
State Maine
Time Zone New York
Median Household Income $59,446/year
Median Home Value $887,027

Housing & Cost of Living — Cape Elizabeth, Maine

Affordability Tier Moderately Expensive
Price-to-Income Ratio 4.0x
Est. Monthly Mortgage (20% down, 6.65%) $1,215/mo
Mortgage as % of Monthly Income 24.5%
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 80 (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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