Zip Code

04051

City

Lovell, ME

Population & Migration

What is the forecasted population for Zip code 04051 Lovell, ME?

Population census 2020
1,246
Forecasted population 2025
1,299
0.04% vs. 2020
Forecasted population 2030
1,293
0.04% vs. 2020

Zip code 04051 Lovell, ME population is forecasted to decrease 0.04% by 2025 (-0.5 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 1,299 people for 2025 zip code 04051 Lovell, ME will generate a good demand for housing, which is expected to have a deficit of 51 houses for 2030. Vacancy rate is 47.7 points above national US average.

Total homes available 2020
1,333
Estimated total home demand in 2030
1,384
Total homes balance inventory
51

Average Household Income in zip code 04051 Lovell, ME
from Internal Revenue Service

Average household income in 2021
$96,680

Affordability

Affordability Index
4

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 04051 Lovell, ME?

County total number of drinking water violations

630

+158%

244

County total number of drinking water contaminations

43

+79%

24

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