Quick facts: Etna, ME

Quick Facts

106.3
Cost of Living
above US average
1,208
Population
4.14
Crime Rate per 1000
below US average
$55,000
Median Income
below US average
$324,000
Median House Price
above US average
$1922
Average Rent
above US average
10%
Poverty Rate
below US average
2.4%
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 $55,000.

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Income Needed to Buy

βœ— Stretch
$102k/year
Based on $324,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $102k vs median $55,000
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Income Needed to Rent

⚠ Stretch
$82k/year
Based on $1922/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $82k vs median $55,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Etna, ME

Etna is a small, rural town located in Penobscot County, Maine. With a population of around 1,200 residents, this town offers a quiet, community-oriented atmosphere surrounded by natural beauty. Established in the early 19th century, Etna boasts charming rural landscapes, including lush forests, rolling hills, and picturesque farmland, making it an ideal spot for outdoor enthusiasts and nature lovers. The town is primarily residential, featuring a mix of single-family homes and agricultural properties. One of the community's highlights is its strong emphasis on local events and gatherings, fostering a tight-knit environment. Residents often engage in activities at local schools and community centers, reflecting the town's collaborative spirit. While Etna may not have extensive commercial or entertainment options, it provides easy access to nearby towns for shopping and dining. Its location also offers convenient routes to Bangor, the largest city in the region, where residents can find more urban amenities. Overall, Etna serves as a peaceful retreat with a focus on community values and the beauty of Maine's countryside.

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