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Old Town Maine Real Estate By Jennifer Hershey

Old Town Maine Real Estate

Old Town, Maine, is located in Penobscot County, 118 miles NE of Portland, Maine and 216 miles NE of Boston, Massachusetts. Old Town has a population of 8,130.

Old Town Homes

Old Town properties pool is 3,425 residential properties including Old Town new homes. Median age of real estate in Old Town is 1954. Average Household size is 2.83 people. 3% are one bedroom homes, 24% are 2 bedroom homes, 49% are 3 bedroom homes, 21% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Old Town Mortgage Statistics

Old Town mortgages vs. USA median statistics

Homes Old Town USA
Homes With No Mortgage 43%
30%
Homes With Mortgage 57%
70%
First Mortgage Only 45%
54%
First & Second Mortgage or HELOC 12%
16%

Old Town Area Real Estate Tax

Old Town Real estate Tax: Median Real Estate Taxes (2000) were $1,339 comparing to 1999 Median Family income $ 40,589. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Old Town School District: Children make up 20% of Old Town population. Old Town has 1,627 under 18 years old residents, or 0.42 kids per one worker, or 0.48 kids per one household.

Old Town Real Estate & Old Town Homeownership

There are 993.25 or 29% one person households, 1233 or 36% two person households, and 582.25 or 17% three person households in Old Town, Maine. Median residents age is 33.8, Senior citizens (65+) make up 1,127 or 13.9%% of Old Town population.

There are 3,862 workers (over 16 years of age) in Old Town. Of these, 89.72% drive to work. Approximately 1.79% of workers in Old Town take public transportation. An estimated 5.49% walk to work.

Median Old Town homeowner's housing expences are 17.7%

Crime in Old Town (2003), crimes per 10,000 residents per year

Type of Crime Old Town USA, 2003
Violent Crimes
7.38
47.5
Robberies
NaN
14.2
Aggravated Assaults
7.38
29.5
Property Crimes
297.66
358.8
Burglaries
68.88
74.0
Larceny-Thefts
212.79
241.5
Motor Vehicle Thefts
15.99
43.3

Invest in Old Town Properties

When making a decision about buying real estate in Old Town Maine area, you should consider following statistical data:

Category Old Town USA
Near Medium City
Portland, Maine
-
Near Large City
Boston, Massachusetts
-
Old Town Zip Codes
04468
-
Old Town Area Codes
207
-
White population
94.62%
75.1%
African-American population
0.65%
12.3%
Asian
1.83%
3.6%
American Indian & Alaskan
1.48%
0.9%
Hispanic (of any race)
0.52%
12.5%
Median Family Income (1999)
$ 40,589%
$42,000
Population Below Poverty Level
17.98%
12.4%

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See Also:

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Falmouth Maine Real Estate
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