Omaha Mortgage Calculator for Phippsburg, Maine (04562)

Free omaha mortgage calculator for residents of Phippsburg, 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
$70,708
per year in Phippsburg
MEDIAN HOME VALUE
$474,633
in Phippsburg, ME
HOUSING AFFORDABILITY: EXPENSIVE

Home prices are high relative to local incomes, making homeownership challenging.

Local Context for Phippsburg, Maine

In Phippsburg, Maine (Sagadahoc County, ZIP area), the median household income is $70,708 per year and the median home value is $474,633. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Phippsburg, Maine (ZIP 04562)

City Phippsburg, Maine
County Sagadahoc County
ZIP Code 04562
State Maine
Time Zone New York
Median Household Income $70,708/year
Median Home Value $474,633

Housing & Cost of Living — Phippsburg, Maine

Affordability Tier Moderately Expensive
Price-to-Income Ratio 4.2x
Est. Monthly Mortgage (20% down, 6.65%) $1,538/mo
Mortgage as % of Monthly Income 26.1%
Income vs. National Median near the national median
Income Tier Middle Income
Home Value vs. National Median near the national median
Housing Market Tier Affordable Market
Cost of Living Index 101 (Near National Average)

With a price-to-income ratio of 4.2x — above the national average of 4.1x — buyers in this area need to stretch further relative to their income.

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