Quick facts: Wilton, ME

Quick Facts

106.3
Cost of Living
above US average
4,116
Population
6.07
Crime Rate per 1000
below US average
$60,000
Median Income
below US average
$199,900
Median House Price
above US average
$1922
Average Rent
above US average
10%
Poverty Rate
below US average
3.0%
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— Stretch
$63k/year
Based on $199,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $63k vs median $60,000
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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 $60,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Wilton, ME

Wilton is a charming town located in Franklin County, Maine, known for its scenic beauty and small-town atmosphere. Nestled near the foothills of the Western Maine Mountains, it offers picturesque views and abundant outdoor recreational opportunities. The town is situated along the banks of Wilson Lake, which provides residents and visitors with various activities such as boating, fishing, and swimming during the warmer months. Wilton boasts a close-knit community with a population of just over 4,000 residents. The town features a blend of historical architecture and modern amenities. Local shops, cafes, and restaurants contribute to the inviting atmosphere. The nearby Mt. Blue State Park offers hiking, camping, and winter sports options like snowmobiling and skiing. Education is well-supported in the area, with the regional school district offering quality schooling. Wilton’s location also provides convenient access to neighboring towns for additional services and attractions. With its rich natural surroundings and community spirit, Wilton is a delightful place for both residents and visitors seeking a peaceful retreat in the heart of Maine.

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