Cost of Living in Knox County, Maine
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Knox County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Knox County, Maine
Knox's coastal rents exceed national standard
Knox renters spend 18.0% of income on rent, above both Maine's state average (17.4%) and the national average. The county's median household income of $71,903 sits above state peers but still yields a notable housing cost burden reflective of coastal demand.
Knox ranks in Maine's pricier half
Knox places 11th among Maine's 16 counties for affordability, with a rent-to-income ratio notably above the state average. The county's coastal location and scenic appeal command housing premium that affects both renters and homeowners.
Mid-coast pricing between markets
Knox's $1,079 rent exceeds Hancock ($1,000) to the north but remains well below Cumberland ($1,492) to the south, establishing mid-coast positioning. Median home values of $290,800 reflect solid coastal demand, second only to Cumberland statewide.
Homeownership carries higher burden here
Renters spend $1,079 monthly while homeowners invest substantially more at $1,246, with the county's $71,903 median income pressed by both housing costs. At 18.0% of income devoted to rent, Knox households face tighter budgets than most Maine counties.
Knox rewards those valuing scenic appeal
If you're relocating to Maine's scenic mid-coast—home to Rockland's arts scene and island access—expect moderate coastal premium. Compare Knox's prices against Hancock's more affordable coastal option or Franklin's inland value before committing to the mid-coast lifestyle.
Affordability Calculator
See how your income compares to housing costs in Knox County
Rent Burden
18.0%
of gross income
Max Housing (28% Rule)
$1,678
per month
Owner Cost Burden
20.8%
of gross income
The median home in Knox County may be a stretch
Median home value is $290,800. Estimated monthly cost: $2,322 vs. your max of $1,678.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.