The typical owner-occupied home in Corinna is worth about $138,000, 53% below the Maine median of $296,600 and 59% below the national median of $332,700. Owners pay a median $1,491 a year in property taxes, about 1.08% of their home's value, higher than the Maine rate of 1.02%. The median household earns $51,000 a year, so the median home costs 2.7 times the median income (4.0 times for Maine). 68% of occupied homes here are lived in by their owners, and 71% of those owners still have a mortgage.
Corinna at a glance
| Corinna | Maine | U.S. | |
|---|---|---|---|
| Median home value | $138,000 | $296,600 | $332,700 |
| Median property tax paid per year | $1,491 | $3,036 | $3,119 |
| Property tax as a share of value | 1.08% | 1.02% | 0.94% |
| Median household income | $51,000 | $74,733 | $80,734 |
| Homes lived in by their owners | 68% | 74% | 65% |
| Owner homes with a mortgage | 71% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,202 | $1,729 | $1,963 |
| Those costs as a share of the owners' income | 19.5% | 20.6% | 21.0% |
| Median rent | $1,043 | $1,139 | $1,413 |
| Rent as a share of renters' income | 22.5% | 29.4% | 30.6% |
| Median year homes were built | 1974 | 1977 | 1980 |
| Vacant homes | 10.4% | 20.6% | 10.1% |
| Population | 711 | 1,387,817 | 334,922,499 |
What a typical home costs per month in Corinna
At this week's average 30-year rate of 7.11%, buying the median Corinna home of $138,000 with 20% down costs about $924 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,154, 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 $39,616 for the 20%-down payment. That payment is 22% of the median Corinna household income of $51,000; at that income and 20% down, the 28% guideline points to a home of about $178,000.
The median rent here is $1,043 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $27,600 |
|---|---|
| Loan amount | $110,400 |
| Principal and interest | $743 |
| Property taxes (1.08% a year) | $124 |
| Homeowners insurance (our estimate, 0.5% a year) | $58 |
| PMI | $0 |
| Total per month | $924 |
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| Down payment | $4,830 |
|---|---|
| Loan amount | $135,500 |
| Principal and interest | $912 |
| Property taxes (1.08% a year) | $124 |
| Homeowners insurance (our estimate, 0.5% a year) | $58 |
| FHA mortgage insurance | $61 |
| Total per month | $1,154 |
Change the numbers in the calculator
Questions about home buying in Corinna
What is the median home value in Corinna?
About $138,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Corinna?
Homeowners pay a median $1,491 a year, which is about 1.08% 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 Corinna?
For the median home with 20% down at 7.11%, the payment is about $924 a month. Keeping that under 28% of gross income takes about $39,616 a year.
More about Corinna
- Mortgage Refinance in Corinna
- Debt Relief in Corinna
- Home Equity Loans in Corinna
- 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