Key Economic Benchmarks
Median Household Income
$60,173$5,014 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Oxford County, ME
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Oxford County, ME
Official FY2026 HUD Fair Market Rents for Oxford 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 | $893 | $10,716 | $35,720 | 17.8% |
| 1-Bedroom Apartment | $989 | $11,868 | $39,560 | 19.7% |
| 2-Bedroom ApartmentBenchmark | $1,295 | $15,540 | $51,800 | 25.8% |
| 3-Bedroom Home | $1,801 | $21,612 | $72,040 | 35.9% |
| 4-Bedroom Home | $2,172 | $26,064 | $86,880 | 43.3% |
50/30/20 Living Budget in Oxford County, ME
Based on the local median household income of $60,173/year ($5,014/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 Oxford County, ME
What is the median household income in Oxford County, ME?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Oxford County, ME is $60,173 per year (approximately $5,014 per month).
What is the average rent in Oxford County, ME?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Oxford County, ME are $893 for a studio, $989 for 1 bedroom, $1,295 for 2 bedrooms, $1,801 for 3 bedrooms, and $2,172 for 4 bedrooms.
How does the cost of living in Oxford County, ME compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Oxford 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 Oxford County, ME?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,295/month) in Oxford County, ME requires a minimum gross household income of $51,800 per year ($4,317 per month).
What is a balanced 50/30/20 monthly budget in Oxford County, ME?
For a typical household earning the median income of $60,173/year ($5,014/month) in Oxford County, ME, a balanced 50/30/20 budget allocates $2,507/month to essential needs (rent, utilities, groceries), $1,504/month to discretionary spending, and $1,003/month to savings and debt repayment.
What are typical electricity and utility costs in Oxford 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.