04476, Penobscot, ME

The 4476 zip code of Penobscot, ME is located in the eastern part of the state and has a population of just over 10,000. The median household income in this zip code is just over $60,000, which is considerably higher than the statewide median income of $51,046. Home prices in this zip code are also much higher than the statewide median home price of $174,900.

One reason why home prices in this zip code are so high is that there are a lot of wealthy residents living here. The percentage of households earning over $200,000 is well above the statewide average and there are also a lot of affluent retirees living in this area. Additionally, Penobscot is located close to major tourist destinations like Bangor and Acadia National Park which can also contribute to high home prices.

Despite these factors, not everyone in the 4476 zip code can afford to buy a home. The percentage of households earning less than $30,000 per year is significantly higher than the statewide average and there are also a lot of low-income families living here. This means that there is still plenty of room for homes to be sold at reasonable prices even though prices are high overall.