Home/Maine/Kennebec County

Kennebec County Housing Market

Maine · 16 counties · Ranked #2123 in home value

Below National Avg

Housing at a Glance

Median Home Value

$219,900

vs national$219,900 vs $281,900 national

Median Gross Rent

$952/mo

vs national$952 vs $1,163 national

Effective Tax Rate

1.14%

vs national+1.14% vs 1.02% national

Median Household Income

$65,062

vs national$65,062 vs $74,755 national

Affordability Ratio

3.4x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

29.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,510

Tax as % of Home Value

1.14%

Monthly Owner Cost

$1,073

Renter Income

$37,761

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Frequently Asked Questions

What is the median home value in Kennebec County?

The median home value in Kennebec County is $219,900. This is below the national median of $281,900.

How much is rent in Kennebec County?

The median gross rent in Kennebec County is $952 per month.

What is the property tax rate in Kennebec County?

The effective property tax rate in Kennebec County is 1.14%. The median annual property tax bill is $2,510.

Is Kennebec County affordable?

With a home-value-to-income ratio of 3.4x, Kennebec County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.