Waldo County Area Home Supply Charts

This page looks at a variety of Waldo County 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. Waldo County shows it has a Housing Units of 22,455 which is the second smallest when ranked by housing units of all the other counties in the local area.

Figure 2 illustrates the housing density in the Waldo County housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Waldo County depicts it has a Housing Density of 30.8 which is the second smallest when sorted by housing density of all the other counties in the metropolitan area. The county with the highest housing density in the area is Androscoggin County which shows a density of 106.6 (approximately 3.5 times bigger). Comparing housing density to the United States average of 38.9, Waldo County is approximately three-fourths the size. Also, compared to the state of Maine, housing density of 24.1, Waldo County is 27.7% larger.

In Figure 4, Waldo County area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Waldo County depicts it has a Housing Unit Change of 4.1% which is more than all other counties in the greater Waldo County region. Comparing change in the housing units to the United States average of 5.7%, Waldo County is approximately three-fourths the size. Also, measured against the state of Maine, change in the housing units of 2.9%, Waldo County is 42.0% larger.

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.) Waldo County depicts it has a Renter Percent of 20.8% which is the second smallest when sorted by renter percent of all the other counties in the metro area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 79.2% which is the second most of all the counties in the greater region.

Waldo County Home Cost Charts

Looking at the housing data provided in Figure 7, the average Waldo County home price is illustrated for this community and a useful analysis of affordable housing. Waldo County shows it has a Median Home Value of $163,000 which is less than most other counties in the surrounding region. The county with the highest median home price in the area is Lincoln County which depicts a home price of $215,400 (32.1% larger). Figure 8 provides aggregate comparative data for the Waldo County Maine metro area in terms of the median housing rental rate, apartment rent, etc. Waldo County shows it has a Median Gross Rent of $814 which is less than most other counties in the metro area. The county with the highest rental rates in the area is Sagadahoc County which depicts a rental rates of $894 (9.8% larger). Comparing rental rates to the United States average of $1,062, Waldo County is approximately three-fourths the size. Also, compared to the state of Maine, rental rates of $853, Waldo County is only about 4.8% smaller.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Waldo County has one of the largest proportions of home price worth less than $50,000 at 14% of the total and is ranked #2. The only larger county being Kennebec County with 15%.

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. Waldo County depicts it has a Median Owner Cost of $816 which is the smallest when sorted by median ownership cost of all the other counties in the local area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Waldo County metro area. it has a Owner Cost as % of HH Income of 18% which is less than most other counties 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. Waldo County depicts it has a Median Home Value as Percent of Median Earnings of 374% which is less than most other counties in the 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.) Waldo County shows it has a Median Owner Costs-With Mortgage of $1,207 which is the smallest when ranked by median housing cost of all the other counties in the area. 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 $435 which is the smallest when ranked by median housing cost of all the other counties 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. Waldo County has the largest proportion of owner cost less than $300 at 20% of the total and is ranked #1. Second, it has the smallest proportion of owner cost between $300 and $500 at 13% of the total. Third, it has the smallest proportion of owner cost between $700 and $1,000 at 24% of the total. Also, it has the smallest proportion of owner cost between $1,000 and $1,500 at 9% of the total. In addition, it has the smallest proportion of owner cost between $1,500 and $2,000 at 4% of the total. Furthermore, it has the smallest proportion of owner cost between $2,000 and $2,500 at 1% of the total. Next it has the smallest proportion of owner cost between $2,500 and $3,000 at 0% of the total.

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.) Waldo County depicts it has a % of Income Owner Costs-With Mortgage of 22% which is in the mid point range of other counties in the local area. The county with the highest cost as a percent of household income in the area is Knox County which depicts a cost as a percent of household income of 23% (only about 5.0% 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. Waldo County shows it has a % of Income Owner Costs-No Mortgage of 13% which is the third most cost as a percent of household income of all other counties in the greater Waldo County region. The county with the highest cost as a percent of household income in the area is Androscoggin County which depicts a cost as a percent of household income of 14% (8.7% 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.) Waldo County has the smallest proportion of rent as a percent of income is less than 10 pct at 18% of the total. Second, it has the second smallest when ranked by rent as a percent of income is less than 10 pct of all the other counties in the area when sorted by rent as a percent of income is between 10pct to 20pct at 21% of the total. Third, it has the largest proportion of rent as a percent of income is between 20pct to 30pct at 17% of the total and is ranked #1. Also, it has the smallest proportion of rent as a percent of income is between 40pct to 50pct at 17% of the total.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Waldo County has the largest proportion of housing cost less than $300 at 17% of the total and is ranked #1. Second, it has the smallest proportion of housing cost between $300 and $500 at 13% of the total. Third, it has the smallest proportion of housing cost between $1,000 and $1,500 at 8% of the total. Also, it has the smallest proportion of housing cost between $2,000 and $2,500 at 1% of the total. In addition, it has the smallest proportion of housing cost between $2,500 and $3,000 at 1% of the total.

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 $2,148 which is the smallest in terms of median real estate taxes paid of all the other counties in the metro area. The county with the highest median real estate taxes paid in the area is Knox County which shows a taxes paid of $2,903 (35.1% larger). Comparing median real estate taxes paid to the United States average of $2,471, Waldo County is about 15.0% smaller. Also, in comparison with the state of Maine, median real estate taxes paid of $2,585, Waldo County is about 20.3% smaller.

Figure 22 shows the percentage of renters who pay for utilities in Waldo County Maine. This is calculated as the percent of renters who pay separately for utilities versus the people who have utilities included as part of amenities. Waldo County has the percentage of pay extra for utilities the second smallest in terms of pay extra for utilities of all the other counties in the greater region at 13% of the total.

Figure 23 shows the rental rate distribution for this area. Waldo County Maine has the smallest proportion of rent between 500 and 750 dollars at 25% of the total.

Waldo County Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Waldo County has the smallest proportion of with mortgage at 9% of the total. Second, it has the smallest proportion of both 2nd mortgage and heloc at 44% of the total. Third, it has the largest proportion of no 2nd mortgage and no heloc at 46% of the total and is ranked #1.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Waldo County has the largest proportion of houses with mortgages at 46% of the total and is ranked #1.

Waldo County Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 2.8 which is the second smallest in order of family members per housing unit of all the other counties in the metropolitan area. The county with the highest family members per housing unit in the area is Androscoggin County which depicts a family members per housing unit of 2.9 (only about 5.1% larger). Comparing family members per housing unit to the United States average of 3.3, Waldo County is about 19.1% smaller. Also, in contrast to the state of Maine, family members per housing unit of 3.0, Waldo County is about 5.8% smaller.

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 5.4 which is in the mid point range of other counties in the local area. The county with the highest average number of rooms in a house in the area is Lincoln County which depicts an average number of rooms in a house of 5.7 (only about 5.6% 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 1982 which is at the top of all other counties in the greater Waldo County region.

Figure 31 looks at the distribution of housing units by the median age that the homes were built. it has the largest proportion of homes built in 2014 or later at 3% of the total and is ranked #1. Second, it has the largest proportion of homes built between 2010 to 2013 at 18% of the total and is ranked #1. Third, it has the largest proportion of homes built between 1990 to 1999 at 16% of the total and is ranked #1. Also, it has the smallest proportion of homes built between 1970 to 1979 at 5% of the total. In addition, it has the smallest proportion of homes built between 1960 to 1969 at 4% of the total. Furthermore, it has the smallest proportion of homes built between 1950 to 1959 at 2% of the total. Next it has the second smallest in order of homes built in 2014 or later of all the other counties in the metro area when sorted by homes built between 1940 to 1949 at 22% of the total.

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 the second smallest as measured by owner-occupied housing units of all the other counties in the local area at 3,587 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. has the smallest proportion of 2 units at 3% of the total. Second, it has the smallest proportion of 10 to 19 units at 0% of the total. Third, it has the smallest proportion of 20 to 49 units at 0% of the total. Also, it has the largest proportion of 50 or more units at 13% 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 2014 or later less than most other counties in the greater region at $216,400 of the total. Second, it has the smallest proportion of value of homes built 2010 to 2013 at $177,000 of the total. Third, it has the second smallest as measured by value of homes built 2014 or later of all the other counties in the local area in terms of value of homes built 2000 to 2009 at $166,300 of the total. Also, it has the smallest proportion of value of homes built 1990 to 1999 at $144,300 of the total. In addition, it has the smallest proportion of value of homes built 1980 to 1989 at $149,000 of the total. Furthermore, it has the smallest proportion of value of homes built 1970 to 1979 at $138,500 of the total. Next it has the smallest proportion of value of homes built 1960 to 1969 at $125,000 of the total. Additionally, it has the second smallest when ranked by value of homes built 2014 or later of all the other counties in the local area in order of value of homes built 1950 to 1959 at $128,900 of the total. And then, it has less than most other counties in the local area in order of value of homes built 1940 to 1949 at $179,900 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 Waldo County residents. it has a Owner-Household Size of 2.3 which is less than most other counties in the greater region. The county with the highest homeowner household size in the area is Androscoggin County which shows a homeowner household size of 2.4 (only about 5.2% larger).

Figure 37 shows the household size for renters. Waldo County depicts it has a Renter-Household Size of 2.0 which is the largest of all counties in the area. Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 2015 to 2016 at 20% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Waldo County has the percentage of renters moved in 2017 or later less than most other counties in the local area at 24% of the total. Second, it has the second smallest in order of renters moved in 2017 or later of all the other counties in the local area in order of renters moved in 2015 to 2016 at 34% of the total.

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 most of all counties in the local area. Figure 41 compares the median year that renters moved into their home. Waldo County depicts it has a Renter Median Year Moved In of 2014 which is the largest of all counties in the greater Waldo County region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the smallest proportion of home using electricity at 58% of the total. Second, it has the smallest proportion of homes using kerosene or other fuel oils at 0% of the total. Third, it has the largest proportion of homes using coal or coke at 21% of the total and is ranked #1. Also, it has the largest proportion of homes using wood at 0% of the total and is ranked #1. In addition, it has less than most other counties in the local area as measured by homes using solar energy at 1% of the total.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the Waldo County housing department, Maine department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Waldo County shows it has a Total In Group Quarters of 644 which is the second smallest as measured by total people living in group quarters of all the other counties in the greater region.

Figure 44 shows the percentage of people who are living in group quarters to the total population for Waldo County residents (these may include colleges and jails but also community centers for homelessness or that require a housing choice voucher which are run by certain nonprofits or an affordable housing department.) Waldo County has the smallest proportion of number of people under 18 years of age and in group quarters at 97% of the total.