Key Economic Benchmarks
Median Household Income
$56,700$4,725 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Aroostook County, ME
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Aroostook County, ME
Official FY2026 HUD Fair Market Rents for Aroostook County, ME. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $942 | $11,304 | $37,680 | 19.9% |
| 1-Bedroom Apartment | $949 | $11,388 | $37,960 | 20.1% |
| 2-Bedroom ApartmentBenchmark | $1,224 | $14,688 | $48,960 | 25.9% |
| 3-Bedroom Home | $1,672 | $20,064 | $66,880 | 35.4% |
| 4-Bedroom Home | $1,739 | $20,868 | $69,560 | 36.8% |
50/30/20 Living Budget in Aroostook County, ME
Based on the local median household income of $56,700/year ($4,725/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Maine
Explore net income after federal income tax, FICA, and Maine state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Maine with official federal datasets:
Frequently Asked Questions About Living in Aroostook County, ME
What is the median household income in Aroostook County, ME?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Aroostook County, ME is $56,700 per year (approximately $4,725 per month).
What is the average rent in Aroostook County, ME?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Aroostook County, ME are $942 for a studio, $949 for 1 bedroom, $1,224 for 2 bedrooms, $1,672 for 3 bedrooms, and $1,739 for 4 bedrooms.
How does the cost of living in Aroostook County, ME compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Aroostook County, ME is 97.0 (3% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Aroostook County, ME?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,224/month) in Aroostook County, ME requires a minimum gross household income of $48,960 per year ($4,080 per month).
What is a balanced 50/30/20 monthly budget in Aroostook County, ME?
For a typical household earning the median income of $56,700/year ($4,725/month) in Aroostook County, ME, a balanced 50/30/20 budget allocates $2,363/month to essential needs (rent, utilities, groceries), $1,418/month to discretionary spending, and $945/month to savings and debt repayment.
What are typical electricity and utility costs in Aroostook County, ME?
Residential electricity rates in Maine average 29.6¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $266 per month.