Housing decision brief
Oxford County, ME Housing Market
Oxford County screens as a below-state purchase price, below-state rent, a higher tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.
6th lowest home value out of 16 Maine counties with data | 4th lowest rent out of 16
Median home value
$192,300
Purchase-price signal from Census ACS.
Median rent
$807/mo
Gross rent, including utilities where reported.
Monthly owner cost
$875/mo
Owner costs before individual loan terms.
Decision snapshot
Read this county in four signals.
Buy screen
3.3x
Median home value divided by local household income.
Rent burden
31.0%
At or above the 30% burden threshold.
Rent vs own
$68/mo
Median rent screens below owner cost.
Data confidence
1 note
Crime coverage is partial, so safety comparisons need source context.
What Works
Lower purchase price
$192,300 median home value is 15% below Maine county median
Lower rent
$807/mo is 17% below Maine county median
What to Check
Lower income base
$57,933 median income is 12% below Maine county median
Tax rate needs attention
1.09% effective property-tax rate is 9% above Maine county median
Water quality cross-check
Water quality grade is F. Review water data before treating housing cost as the full story.
Crime data coverage
Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.
Best Fit For
- Remote earners or cash buyers looking below the state price line
Poor Fit For
- Households dependent on a deep local wage market
- Buyers focused only on purchase price and ignoring annual property tax
- Buyers who will not investigate local water systems before moving
- Anyone treating reported crime rates as complete without source context
County vs State vs National
The county number only matters after you see the benchmark. These comparisons show where Oxford County is genuinely cheap, where it is average, and where the hidden cost may be.
| Metric | County | State | U.S. | Signal |
|---|---|---|---|---|
Median home value Lower usually helps affordability. | $192,300 | $225,950 | $281,900 | 15% favorable15% below Maine county median |
Median gross rent Lower usually helps affordability. | $807 | $968 | $1,163 | 17% favorable17% below Maine county median |
Monthly owner cost Lower usually helps affordability. | $875 | $1,045 | $1,672 | 16% favorable16% below Maine county median |
Median household income | $57,933 | $66,180 | $74,755 | 12% pressure12% below Maine county median |
Effective property-tax rate Lower usually helps affordability. | 1.09% | 1.00% | 1.02% | 9% pressure9% above Maine county median |
Rent burden Lower usually helps affordability. | 31.00% | 29.00% | N/A | 7% pressure31.00% of renter income goes to rent. |
Income Fit
A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.
Rent cushion
+$25,653
Median income minus rent threshold.
Owner cushion
+$20,433
Median income minus owner-cost threshold.
Affordability Advisory
This turns the raw housing numbers into income and buy-versus-rent screens.
Affordability verdict
Housing in Oxford County is affordable. The median rent is $807/month against a median household income of $57,933, putting rent at 16.7% of income.
Rent vs own
The median rent in Oxford County is $807/month, while owner costs run $875/month. Renting saves approximately $68/month.
Income needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,280/year. For owner costs at the 28% rule, the required income is roughly $37,500/year. With a median household income of $57,933, most households can comfortably afford rent here. Notably, 31.0% of renter households in Oxford County are cost-burdened, spending more than 30% of income on housing.
Regional context
Within Maine, Oxford County is more affordable than Aroostook County by roughly 10% ($807/mo vs $736/mo).
Better Counties to Compare
Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.
| County | Home Value | Rent | Why compare |
|---|---|---|---|
| Franklin County, ME | $176,700 | $759/mo | Same-state comparison near $176,700 home value and $759/mo rent. |
| Piscataquis County, ME | $153,300 | $807/mo | Same-state comparison near $153,300 home value and $807/mo rent. |
| Penobscot County, ME | $193,800 | $997/mo | Same-state comparison near $193,800 home value and $997/mo rent. |
| Somerset County, ME | $155,200 | $887/mo | Same-state comparison near $155,200 home value and $887/mo rent. |
| Polk County, MO | $189,600 | $792/mo | Out-of-state peer near $189,600 home value and $792/mo rent. |
Data Confidence
- Crime coverage is partial, so safety comparisons need source context.
Next Checks
Housing Questions for Oxford County
Is Oxford County affordable for buying a home?
Is renting or owning cheaper in Oxford County?
How much income do you need for housing in Oxford County?
What should I double-check before moving to Oxford County?
Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.