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Buying a home in Bucksport, Maine

The typical owner-occupied home in Bucksport is worth about $214,300, 28% below the Maine median of $296,600 and 36% below the national median of $332,700. Owners pay a median $1,801 a year in property taxes, about 0.84% of their home's value, lower than the Maine rate of 1.02%. The median household earns $62,011 a year, so the median home costs 3.5 times the median income (4.0 times for Maine). 69% of occupied homes here are lived in by their owners, and 54% of those owners still have a mortgage.

Bucksport at a glance

Bucksport Maine U.S.
Median home value $214,300 $296,600 $332,700
Median property tax paid per year $1,801 $3,036 $3,119
Property tax as a share of value 0.84% 1.02% 0.94%
Median household income $62,011 $74,733 $80,734
Homes lived in by their owners 69% 74% 65%
Owner homes with a mortgage 54% 58% 61%
Median monthly costs, owners with a mortgage $1,637 $1,729 $1,963
Those costs as a share of the owners' income 22.7% 20.6% 21.0%
Median rent $855 $1,139 $1,413
Rent as a share of renters' income 40.9% 29.4% 30.6%
Median year homes were built 1977 1977 1980
Vacant homes 9.1% 20.6% 10.1%
Population 3,105 1,387,817 334,922,499

What a typical home costs per month in Bucksport

At this week's average 30-year rate of 7.11%, buying the median Bucksport home of $214,300 with 20% down costs about $1,393 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,750, 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 $59,682 for the 20%-down payment. That payment is 27% of the median Bucksport household income of $62,011; at that income and 20% down, the 28% guideline points to a home of about $223,000.

The median rent here is $855 a month, so owning the median home costs about $538 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$42,860
Loan amount$171,440
Principal and interest$1,153
Property taxes (0.84% a year)$150
Homeowners insurance (our estimate, 0.5% a year)$89
PMI$0
Total per month$1,393

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3.5% down, 30-year FHA loan
Down payment$7,500
Loan amount$210,418
Principal and interest$1,416
Property taxes (0.84% a year)$150
Homeowners insurance (our estimate, 0.5% a year)$89
FHA mortgage insurance$95
Total per month$1,750

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Questions about home buying in Bucksport

What is the median home value in Bucksport?

About $214,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Bucksport?

Homeowners pay a median $1,801 a year, which is about 0.84% 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 Bucksport?

For the median home with 20% down at 7.11%, the payment is about $1,393 a month. Keeping that under 28% of gross income takes about $59,682 a year.

More about Bucksport

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