According to statistics, the population in Sanford, ME amounts to 20,920, which shows decline 0% compared to the previous year. The median age of the city’s residents is 40. The average household income is $45,563, shifting growth 5% from the past year, and the average property value in Sanford, ME growth 2% to $166,200 throughout the year.
|Number Of Employees||9,994|
|Median Property Value||$166,200|
The average household income in Sanford, ME grew from $43,583 to $45,563 in the past year. This data is an estimate based upon 8,720 households in Sanford, ME . The chart below presents how household income is distributed in Sanford, ME in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Sanford, ME shifted from $163,600 to $166,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Sanford, ME in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Sanford, ME properties falls in the '$150,000 to $174,999' 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 Sanford, ME compared to median property taxes around the country. The prevalent amount of property taxes in Sanford, ME equals $3000, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Sanford, ME increased by 4.6% to $354,783.
Asking price for 2-bed apartment also decreased by 26.2% and a place of this size will now cost you $199,000. A 3-bed apartment goes for $319,900, it decreased by 11.4% lately. We discerned the rise of 4- and more bed apartment price. It increased by 6.7% and made it up to $402,450.
Price reports demonstrate that house price decreased by 0.6% this month making it up to $361,760. Condos are really in demand in this season. The median price for a condo increased by 26.7%, it’s now available for $319,900. An average value of duplex is $307,962, thus a median price for a duplex remains the same this month.