Bangor Real Estate | Find Houses & Homes for Sale in Bangor, ME (2024)

FAQs

What is the median household income in Bangor Maine? ›

In 2022, Bangor, ME had a population of 31.7k people with a median age of 40.6 and a median household income of $52,438. Between 2021 and 2022 the population of Bangor, ME declined from 31,920 to 31,705, a −0.674% decrease and its median household income grew from $49,652 to $52,438, a 5.61% increase.

Living in Bangor offers residents a dense suburban feel and most residents rent their homes. In Bangor there are a lot of restaurants, coffee shops, and parks. Many young professionals live in Bangor and residents tend to lean liberal. The public schools in Bangor are above average.

Description. Frequently claimed as Bangor's oldest house, Howard House was built in 1771 on (now) Howard and State Streets, opposite what is today the Eastern Maine Medical Center. A much modified cape style house, it was nonetheless sizeable, proclaiming the prosperity of the family.

89% of buyers purchased their home through a real estate agent or broker. Where buyers found the home they purchased: Internet: 52% Real estate agent: 28%

Mortgage rates remain near 7%, squeezing how much buyers can afford. Home prices continue to rise. "Limited inventories of existing homes for sale, high prices and still-elevated mortgage rates are likely to act as headwinds for housing activity," according to a note from BofA Global Research.

Stephen King

He is currently 70 years old and living in Bangor at 47 West Broadway. Stephen King became famous by publishing many books, and, soon after, many of them were made into movies. Some of his books are set in Maine, including IT which was recently made into a successful feature film.

Does it snow a lot in Bangor Maine? ›

Seasonal snowfall is subject to wide variations from average, from only 32.5 inches in 1952-1953 to 181.9 inches in 1962-1963. The number of snowfalls of one-inch or more in a day, average 23 per season. The average seasonal maximum snow depth is 25 inches, occurring in the second week of February, on average.

Fans come from all around the world to stand in front of this epic house to take photos. But now, Stephen, 72, and his wife Tabitha, 70, now live in their second home in Florida for more privacy, according to People. And this is why. It has been approved to turn this historic home into a museum!

Five homes on Steven King's street of West Broadway in Bangor, Maine, have hit the market. All of the historic homes are in prime location and range from $369,000 to $690,000. The houses are just steps away from King's historic red Victorian that sits on two acres and is worth $1.2million.

Tucked high on a hill above Penobscot Bay, Oak Hall sits on a 52 acre estate designed by Warren H. Manning. Built in 1913 for Chicago financier Ira M. Cobe, it is the largest Colonial Revival mansion in Maine.

Maine households must make at least $25,701 to reach middle class, study finds. (The Center Square) – In Maine, households must earn a minimum of $25,701 per year to be considered middle class, with the upper earnings boundary set at $111,898, according to a new 24/7 Wall St. analysis.

U.S. Maine median household income 1990-2022

In 2022, the median household income in Maine amounted to 75,160 U.S. dollars. This is a significant increase from the previous year, when the median household income in the state was 71,139 U.S. dollars.

Falmouth Foreside takes the lead in Maine for highest income, boasting an average household income of $204,669, surpassing the statewide average by around $120,800, according to 24/7 Wall St.

Aside from births, out-migration is a major factor in Maine, as young people leave for higher education or jobs. In the age range 18-34, there is a net population loss. Arrivals exceed departures among people 35 and older.