B-

Minot, ME

Source:

Affordability Score: 67/100

Population: 2,617 · 1 ZIP codes

The affordability dashboard for Minot, ME aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 2,617 residents, then layers in county-level federal data to produce an overall grade of B- (67/100). The headline inputs are median household income of $95,655, median home value of $294,900, median rent of $878 per month, and 25.9% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,586 per month (studio $1,140, 1BR $1,218, 3BR $2,050, 4BR $2,305). Department of Labor data lists infant center-based childcare at $11,664 per year, consuming 12% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Minot, ME include income, rent. Unemployment currently reads 1.6% and poverty 6.2% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income B+
$95,655
Median household income
Education D
25.9%
Bachelor's degree or higher
Housing C+
3.1x
Home value $294,900 vs income
Commute C
25 min
Average commute time
Rent B+
$1,586/mo
2BR fair market rent (20% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C+
$11,664/yr
Center-based infant care (12% of income)

Income & Employment

Median Income
$95,655
▲ 54% vs national
Per Capita Income
$54,449
Unemployment Rate
1.6%
Poverty Rate
6.2%

Housing

Median Home Value
$294,900
▲ 7% vs national
Median Rent
$878/mo
Owner Occupied
96.0%
2BR Fair Market Rent
$1,586/mo
▲ 32% vs national

Fair Market Rents by Bedroom

Studio
$1,140
1BR
$1,218
2BR
$1,586
3BR
$2,050
4BR
$2,305

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
25.9%
▼ 4 ppt vs national
High School+
63.2%
Median Age
49.0
Avg. Commute
25 min
▼ 1 min vs national

Childcare Costs

Infant (Center)
$11,664/yr
12% of income
Toddler (Center)
$11,093/yr
Preschool (Center)
$8,927/yr
School-Age (Center)
$7,540/yr

What This Means

Minot, ME receives an overall affordability grade of B- (67/100), aggregated from 1 ZIP codes with a total population of 2,617. This area performs well in income and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Minot ZIP Codes
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What are common questions about this dashboard?

Is Minot, ME affordable?
Minot, ME receives an overall affordability grade of B- (67/100) based on Census, HUD, FBI, and DOL data. Median household income is $95,655. Median home value is $294,900.
What is the cost of living in Minot?
Key cost metrics: Median rent $878/mo. 2BR fair market rent $1,586/mo. Infant childcare $11,664/yr. Median home value $294,900.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →