According to statistics, the population in Rumford, ME amounts to 3,979, which shows decline -3% compared to the previous year. The median age of the city’s residents is 52. The average household income is $25,744, shifting growth 6% from the past year, and the average property value in Rumford, ME decline -1% to $73,200 throughout the year.
|Number Of Employees||1,299|
|Median Property Value||$73,200|
The average household income in Rumford, ME grew from $24,209 to $25,744 in the past year. This data is an estimate based upon 1,685 households in Rumford, ME . The chart below presents how household income is distributed in Rumford, ME in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Rumford, ME shifted from $74,000 to $73,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Rumford, ME in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Rumford, ME properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Rumford, ME compared to median property taxes around the country. The prevalent amount of property taxes in Rumford, ME equals $800, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Rumford, ME increased by 114.5% to $314,000.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $89,300. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $124,475. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $295,069 for a big-family home.
According to statistics, average house is still $176,916 with no significant changes this month. An average value of duplex is $80,000, thus a median price for a duplex remains the same this month.