Alfred CDP Maine Area Home Supply Charts

This page looks at a variety of Alfred CDP Maine housing market data taken from the most recent 2020 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Alfred CDP depicts it has a Housing Units of 474 which is less than most other places in the area.

Figure 2 illustrates the housing density in the Alfred CDP housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Alfred CDP shows it has a Housing Density of 120.7 which is less than most other places in the metro area. The place with the highest housing density in the area is Kennebunk CDP which depicts a density of 464.9 (approximately 3.9 times bigger). Comparing housing density to the United States average of 38.9, Alfred CDP is approximately 3.1 times bigger. Also, in comparison with the state of Maine, housing density of 24.1, Alfred CDP is substantially bigger.

In Figure 4, Alfred CDP area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Alfred CDP depicts it has a Housing Unit Change of 24.1% which is the second most housing units of all the places in the greater Alfred CDP region. The place with the highest change in the housing units in the area is Sanford CDP which shows a housing units of 122.9% ( markedly bigger). Comparing change in the housing units to the United States average of 5.7%, Alfred CDP is approximately 4.2 times bigger. Also, measured against the state of Maine, change in the housing units of 2.9%, Alfred CDP is markedly bigger.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Alfred CDP depicts it has a Renter Percent of 28.7% which is in the mid range of other places in the greater region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 71.3% which is in the middle range of other places in the local area.

Alfred CDP Maine Home Cost Charts

Looking at the housing data provided in Figure 7, the average Alfred CDP home price is illustrated for this community and a useful analysis of affordable housing. Alfred CDP indicates it has a Median Home Value of $216,500 which is less than most other places in the metro area. The place with the highest median home price in the area is West Kennebunk CDP which shows a home price of $360,400 (66.5% larger). Figure 8 provides aggregate comparative data for the Alfred CDP Maine metro area in terms of the median housing rental rate, apartment rent, etc. Alfred CDP shows it has a Median Gross Rent of $746 which is less than most other places in the greater region. The place with the highest rental rates in the area is West Kennebunk CDP which shows a rental rates of $1,230 (64.9% larger). Comparing rental rates to the United States average of $1,062, Alfred CDP is approximately three-fourths the size. Also, compared to the state of Maine, rental rates of $853, Alfred CDP is about 14.3% smaller.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Alfred CDP has the percentage of home price worth between $50,000 to $100,000 less than most other places in the metro area at 28% of the total.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Alfred CDP shows it has a Median Owner Cost of $1,123 which is less than most other places in the metropolitan area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Alfred CDP metro area. it has a Owner Cost as % of HH Income of 22% which is the second most of all the places in the local area. The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Alfred CDP depicts it has a Median Home Value as Percent of Median Earnings of 439% which is less than most other places in the local area.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Alfred CDP depicts it has a Median Owner Costs-With Mortgage of $2,119 which is more than all other places in the greater Alfred CDP region. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $467 which is less than most other places in the local area.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Alfred CDP has the percentage of owner cost between $700 and $1,000 the second smallest when ranked by owner cost less than $300 of all the other places in the surrounding region at 16% of the total. Second, it has the smallest proportion of owner cost between $1,000 and $1,500 at 12% of the total. Third, it has the largest proportion of owner cost between $1,500 and $2,000 at 20% of the total and is ranked #1.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Alfred CDP shows it has a % of Income Owner Costs-With Mortgage of 24% which is the second most cost as a percent of household income of all the places in the greater Alfred CDP region. The place with the highest cost as a percent of household income in the area is Milton Mills CDP which depicts a cost as a percent of household income of 34% (40.2% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Alfred CDP depicts it has a % of Income Owner Costs-No Mortgage of 13% which is the second most cost as a percent of household income of all the places in the greater Alfred CDP region. The place with the highest cost as a percent of household income in the area is Lake Arrowhead CDP which shows a cost as a percent of household income of 22% (61.9% larger).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Alfred CDP has the percentage of rent as a percent of income is less than 10 pct in the mid range of other places in the metro area at 6% of the total. Second, it has less than most other places in the area in order of rent as a percent of income is between 10pct to 20pct at 22% of the total. Third, it has one of the largest proportions of rent as a percent of income is between 20pct to 30pct at 39% of the total and is ranked #2. The only larger place being North Berwick CDP with 40%. Also, it has one of the largest proportions of rent as a percent of income is between 40pct to 50pct at 25% of the total and is ranked #2. The only larger place being Sanford CDP with 26%.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Alfred CDP has the largest proportion of housing cost less than $300 at 18% of the total and is ranked #1. Second, it has the smallest proportion of housing cost between $1,000 and $1,500 at 9% of the total. Third, it has the largest proportion of housing cost between $1,500 and $2,000 at 14% of the total and is ranked #1.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $2,637 which is less than most other places in the local area. The place with the highest median real estate taxes paid in the area is Milton Mills CDP which shows a taxes paid of $5,298 (about twice as large). Comparing median real estate taxes paid to the United States average of $2,471, Alfred CDP is 6.7% larger. Also, measured against the state of Maine, median real estate taxes paid of $2,585, Alfred CDP is only slightly larger.

Figure 23 shows the rental rate distribution for this area. Alfred CDP Maine has the largest proportion of rent between 300 and 500 dollars at 22% of the total and is ranked #1. Second, it has in the middle range of other places in the metro area in terms of rent between 750 and 1000 dollars at 32% of the total.

Alfred CDP Maine Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Alfred CDP has the smallest proportion of both 2nd mortgage and heloc at 45% of the total. Second, it has the largest proportion of no 2nd mortgage and no heloc at 50% of the total and is ranked #1.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Alfred CDP has the largest proportion of houses with mortgages at 50% of the total and is ranked #1.

Alfred CDP Maine Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 2.9 which is less than most other places in the greater region. The place with the highest family members per housing unit in the area is Lake Arrowhead CDP which depicts a family members per housing unit of 3.5 (20.1% larger). Comparing family members per housing unit to the United States average of 3.3, Alfred CDP is about 13.1% smaller. Also, benchmarked against the state of Maine, family members per housing unit of 3.0, Alfred CDP is about the same size.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 4.8 which is the second smallest in order of average number of rooms in a house of all the other places in the local area. The place with the highest average number of rooms in a house in the area is Milton Mills CDP which depicts an average number of rooms in a house of 8.1 (68.8% larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1956 which is the second smallest as measured by year built of all the other places in the surrounding region. The place with the highest year built in the area is Lake Arrowhead CDP which shows a year built of 1990 ( only slightly larger).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the smallest proportion of homes built between 2010 to 2013 at 8% of the total. Second, it has less than most other places in the metro area when sorted by homes built between 2000 to 2009 at 2% of the total. Third, it has the smallest proportion of homes built between 1990 to 1999 at 11% of the total. Also, it has the largest proportion of homes built between 1980 to 1989 at 18% of the total and is ranked #1. In addition, it has one of the largest proportions of homes built between 1960 to 1969 at 13% of the total and is ranked #2. The only larger place being West Kennebunk CDP with 15%. Furthermore, it has one of the largest proportions of homes built between 1940 to 1949 at 36% of the total and is ranked #2. The only larger place being North Berwick CDP with 48%.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the percentage of owner housing units in the mid range of other places in the greater region at 129 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has the largest proportion of 2 units at 26% of the total and is ranked #1. Second, it has the largest proportion of 50 or more units at 15% of the total and is ranked #1.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. has the percentage of value of homes built 2010 to 2013 in the mid range of other places in the area at $276,800 of the total. Second, it has the second smallest in order of value of homes built 2014 or later of all the other places in the metro area when ranked by value of homes built 1990 to 1999 at $17,900 of the total. Third, it has one of the largest proportions of value of homes built 1980 to 1989 at $195,800 of the total and is ranked #2. The only larger place being Kennebunk CDP with $347,600. Also, it has in the mid range of other places in the metropolitan area when sorted by value of homes built 1940 to 1949 at $245,700 of the total.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Alfred CDP residents. it has a Owner-Household Size of 2.8 which is the second most homeowner household size of all the places in the greater Alfred CDP region. The place with the highest homeowner household size in the area is Lake Arrowhead CDP which depicts a homeowner household size of 3.3 (16.2% larger).

Figure 37 shows the household size for renters. Alfred CDP shows it has a Renter-Household Size of 1.5 which is the second smallest when sorted by renter household size of all the other places in the metropolitan area. The place with the highest renter household size in the area is West Kennebunk CDP which shows a renter household sizes of 2.2 (48.0% larger). Figure 38 shows the year that people who own homes moved into this region. has the percentage of owners moved in 2017 or later less than most other places in the metro area at 3% of the total. Second, it has one of the largest proportions of owners moved in 2010 to 2014 at 53% of the total and is ranked #2. The only larger place being West Kennebunk CDP with 59%. Third, it has the second smallest when ranked by owners moved in 2017 or later of all the other places in the local area when sorted by owners moved in 1990 to 1999 at 9% of the total. Figure 39 shows the year that people who rent moved into the area. Alfred CDP has one of the largest proportions of renters moved in 2015 to 2016 at 58% of the total and is ranked #2. The only larger place being Kennebunk CDP with 69%. Second, it has one of the largest proportions of renters moved in 2010 to 2014 at 31% of the total and is ranked #2. The only larger place being Lake Arrowhead CDP with 32%.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2004 which is the third most of all other places in the surrounding region. Figure 41 compares the median year that renters moved into their home. Alfred CDP shows it has a Renter Median Year Moved In of 2010 which is less than most other places in the surrounding region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has one of the largest proportions of homes using coal or coke at 8% of the total and is ranked #3. Only #2 North Berwick CDP (8%), and #1 Lake Arrowhead CDP (21%) are larger. Second, it has one of the largest proportions of homes using solar energy at 3% of the total and is ranked #2. The only larger place being Lake Arrowhead CDP with 9%.