Cost of Living in Franklin County, ME

What does it cost to live in Franklin County? Income, housing, and affordability breakdown.

Median Income

$56,890

Median Rent

$752/mo

Median Home

$170,600

Affordability

438

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$863
Property Tax$162
Insurance$57

Total Monthly$1,082
% of Income22.8%

Renting

Median Rent$752
Renter's Insurance$25

Total Monthly$777
% of Income15.9%

Living in Franklin County, Maine

Franklin County has a median household income of $56,890 with housing costs that represent 22.8% of income for owners and 15.9% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 438 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Maine

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.