Quick facts: Brooks, ME

Quick Facts

106.3
Cost of Living
above US average
1,132
Population
4.42
Crime Rate per 1000
below US average
$60,000
Median Income
below US average
$169,000
Median House Price
above US average
$1100.0
Average Rent
below US average
10%
Poverty Rate
below US average
2.6%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $60,000.

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Income Needed to Buy

βœ“ Affordable
$53k/year
Based on $169,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($60,000) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$47k/year
Based on $1100.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($60,000) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Brooks, ME

Brooks is a quaint town located in Waldo County, Maine, known for its rural charm and tight-knit community. With a population of around 1,000, Brooks features a peaceful, small-town atmosphere that attracts those looking to escape the hustle and bustle of city life. The town is surrounded by natural beauty, boasting stunning landscapes that include rolling hills, forests, and rivers, making it a great spot for outdoor enthusiasts who enjoy hiking, fishing, and exploring. The community of Brooks hosts several local events throughout the year, fostering a sense of camaraderie among residents. The nearby Unity Pond and other local waterways offer recreational opportunities for swimming and boating, while trails in the region are perfect for hiking and snowmobiling in the winter months. The town is also home to historic sites and traditional New England architecture that reflect its rich history. While Brooks is primarily a residential area, it offers essential services and local businesses that contribute to its charming, small-town character. Overall, Brooks, ME, embodies the tranquility and beauty of rural Maine, making it an appealing place to live or visit.

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