The typical owner-occupied home in Aroostook County is worth about $149,700, 50% below the Maine median of $296,600 and 55% below the national median of $332,700. Owners pay a median $1,672 a year in property taxes, about 1.12% of their home's value, higher than the Maine rate of 1.02%. The median household earns $56,700 a year, so the median home costs 2.6 times the median income (4.0 times for Maine). 75% of occupied homes here are lived in by their owners, and 49% of those owners still have a mortgage.
Aroostook County at a glance
| Aroostook County | Maine | U.S. | |
|---|---|---|---|
| Median home value | $149,700 | $296,600 | $332,700 |
| Median property tax paid per year | $1,672 | $3,036 | $3,119 |
| Property tax as a share of value | 1.12% | 1.02% | 0.94% |
| Median household income | $56,700 | $74,733 | $80,734 |
| Homes lived in by their owners | 75% | 74% | 65% |
| Owner homes with a mortgage | 49% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,196 | $1,729 | $1,963 |
| Those costs as a share of the owners' income | 18.8% | 20.6% | 21.0% |
| Median rent | $784 | $1,139 | $1,413 |
| Rent as a share of renters' income | 28.7% | 29.4% | 30.6% |
| Median year homes were built | 1972 | 1977 | 1980 |
| Vacant homes | 22.2% | 20.6% | 10.1% |
| Population | 67,058 | 1,387,817 | 334,922,499 |
What a typical home costs per month in Aroostook County
At this week's average 30-year rate of 7.11%, buying the median Aroostook County home of $149,700 with 20% down costs about $1,008 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,257, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $43,188 for the 20%-down payment. That payment is 21% of the median Aroostook County household income of $56,700; at that income and 20% down, the 28% guideline points to a home of about $197,000.
The median rent here is $784 a month, so owning the median home costs about $224 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $29,940 |
|---|---|
| Loan amount | $119,760 |
| Principal and interest | $806 |
| Property taxes (1.12% a year) | $140 |
| Homeowners insurance (our estimate, 0.5% a year) | $62 |
| PMI | $0 |
| Total per month | $1,008 |
Change the numbers in the calculator
| Down payment | $5,240 |
|---|---|
| Loan amount | $146,989 |
| Principal and interest | $989 |
| Property taxes (1.12% a year) | $140 |
| Homeowners insurance (our estimate, 0.5% a year) | $62 |
| FHA mortgage insurance | $66 |
| Total per month | $1,257 |
Change the numbers in the calculator
Questions about home buying in Aroostook County
What is the median home value in Aroostook County?
About $149,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Aroostook County?
Homeowners pay a median $1,672 a year, which is about 1.12% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Aroostook County?
For the median home with 20% down at 7.11%, the payment is about $1,008 a month. Keeping that under 28% of gross income takes about $43,188 a year.
More about Aroostook County
- Mortgage Refinance in Aroostook County
- Debt Relief in Aroostook County
- Home Equity Loans in Aroostook County
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data