Zip Code

04938

City

Farmington, ME

Population & Migration

What is the forecasted population for Zip code 04938 Farmington, ME?

Population census 2020
9,972
Forecasted population 2025
10,287
3.2% vs. 2020
Forecasted population 2030
10,111
1.4% vs. 2020

Zip code 04938 Farmington, ME population is forecasted to decrease 3.2% by 2025 (-1.5 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 10,287 people for 2025 zip code 04938 Farmington, ME will generate a good demand for housing, which is expected to have a deficit of 67 houses for 2030. Vacancy rate is 8.9 points above national US average.

Total homes available 2020
4,846
Estimated total home demand in 2030
4,913
Total homes balance inventory
67

Average Household Income in zip code 04938 Farmington, ME
from Internal Revenue Service

Average household income in 2021
$75,290

Affordability

Affordability Index
3

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 04938 Farmington, ME?

County total number of drinking water violations

292

+20%

244

County total number of drinking water contaminations

12

-50%

24

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