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Bangor, ME
Full City Profile · Maine · Hancock County County
3.4
/5.0
B
Good
31,663
Population
924/sq mi density
$58,096
Median Income
$38,245 per capita
$206,300
Home Value
$274,796 Zillow
$1,019
Median Rent
28.8% income on rent
45°F
Avg Temperature
251 sunny days/yr
110
Violent Crime/100K
3,665 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$58,096 median income, 2.5% unemployment
A+
Affordability
4.7 / 5.0
$206,300 home value, $1,019/mo rent
F
Safety
1.0 / 5.0
110 violent crimes/100K
B+
Education
3.9 / 5.0
36.3% bachelor's degree or higher
Housing Overview
Median Home Value
$206,300
27% below
US avg: $281,900
Median Rent
$1,019/mo
12% below
US avg: $1,163/mo
Homeownership Rate
46.9%
28% below US avg (65.4%)
Total Housing Units
15,431
Median year built: 1955
Home Value by Source
Census Median
$206,300
Zillow (ZHVI)
$274,796
Median Sale Price
$287,000
Median List Price
$325,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
46.9%
Owner-Occupied
53.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,108/mo
1 Bedroom
$1,186/mo
2 Bedroom
$1,497/mo
3 Bedroom
$1,951/mo
4 Bedroom
$2,190/mo
Census median rent:
$1,019/mo
· Zillow rent:
$1,447/mo
Market Indicators (Redfin)
Median Days on Market
77 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
19
Price Drops
19.4%
of listings with price reduction
Price Per Sq Ft
$181
Active Inventory
67
homes for sale
Affordability & Housing Stock
Rent Burden
28.8%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
46.9%
Complete Housing Data
Home Values
| Census Median Value | $206,300 |
| Zillow Home Value (ZHVI) | $274,796 |
| Median Sale Price | $287,000 |
| Median List Price | $325,000 |
| Price Per Sq Ft | $181 |
Rent
| Census Median Rent | $1,019 |
| Zillow Rent (ZORI) | $1,447 |
| FMR Studio | $1,108 |
| FMR 1-Bedroom | $1,186 |
| FMR 2-Bedroom | $1,497 |
| FMR 3-Bedroom | $1,951 |
| FMR 4-Bedroom | $2,190 |
Market
| Days on Market | 77 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 19.4% |
| Homes Sold | 19 |
| Active Inventory | 67 |
| Price Per Sq Ft | $181 |
Ownership & Stock
| Owner-Occupied | 46.9% |
| Renter-Occupied | 53.1% |
| Homeownership Rate | 46.9% |
| Total Housing Units | 15,431 |
| Median Year Built | 1955 |
| Rent Burden | 28.8% |