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Bangor, ME Real Estate


According to census data in the year 2000 there were 14,587 housing units in Bangor. This represents a 1.5% growth from 14,366 in 1990.

Of those housing units, 13,771 were located in either urbanized areas or urban clusters, and 816 were located in what is classified as a rural area.

Homeownership rate in Bangor is about 47.4%. Bangor's vacancy rate, including seasonal lodging, is about 6%. Average household size is 2.12 people.

The majority of houses, apartments or condos in Bangor were built after 1948.

Statistics

Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom22.40%
Two Bedrooms31.50%
Three Bedrooms29.10%
Four Bedrooms11.20%
Five Bedrooms or more3.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1948
Median Value of occupied units$87,300
Median Price asked for vacant units$79,100

Rented Homes, Apartments and Condos

Average Household Size1.79
Median year structure was built1948
Median Monthly Rent asked for vacant units$419

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage7.10%
Home Equity Loan12.70%
Simple Mortgage51.40%
Debt Free28.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.4%