Madawaska, ME Real Estate
According to census data in the year 2000 there were 1,645 housing units in Madawaska.
This represents a 1.4% growth from 1,622 in 1990.
Of those housing units, 1,207 were located in either urbanized areas or urban clusters, and 438 were located in what is classified as a rural area.
Homeownership rate in Madawaska is about 65%.
Madawaska's vacancy rate, including seasonal lodging, is about 7.6%.
Average household size is 2.11 people.
The majority of houses, apartments or condos in Madawaska were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.40% |
| One Bedroom | 15.70% |
| Two Bedrooms | 31.30% |
| Three Bedrooms | 36% |
| Four Bedrooms | 12.30% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $67,800 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.4 |
| Median year structure was built | 1958 |
| Median Monthly Rent asked for vacant units | $309 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.60% |
| Home Equity Loan | 13.30% |
| Simple Mortgage | 29.40% |
| Debt Free | 49.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.6% |
