ZIP Code 04562

In ZIP code 04562, which takes in Bowdoinham, households earn a median of $107,833, while per-capita income sits at $50,930. A median home value of $335,800 paired with the county's 1.04% effective property tax rate works out to roughly $3,492 in annual property taxes, a meaningful line item but one that a median earner can absorb. Sales tax across the area totals 5.50%, applied to everyday purchases. Together these figures sketch a place where earnings run comfortably above what the housing stock and tax rates demand, leaving room in most household budgets for savings or discretionary spending.