ZIP Code 04108
standardSource:
Peaks Island · Cumberland County · Maine
- Population
- 862
- Median income
- $94,318
- Median home value
- $637,500
- Bachelor's or higher
- 71.3%
- Land area
- 3.1 sq mi
280/sq mi
▲ 24% vs US
higher than 77% of US ZIPs
▲ 129% vs US
higher than 92% of US ZIPs
Median age 61.7
New York
ZIP code 04108 in Peaks Island, Maine has a population of 862. The median household income is $94,318, which is 24% above the national average. Median home value is $637,500, 129% above the US average. 71.3% of residents hold a bachelor's degree or higher.
ZIP code 04108 is classified by USPS as a standard delivery area and covers roughly 3.1 square miles in Peaks Island, Cumberland County, Maine. The area is home to 862 residents, producing a population density of 280 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 04108 against Maine and the nation.
On the economic side, the median household income for ZIP 04108 sits at $94,318 (28% above the Maine average), while per-capita income is $59,145. The poverty rate stands at 7.6% and the unemployment rate at 2.0%. On housing, the median home value is $637,500 (125% above the state average) with median rent at $1,500 per month, and 88.7% of occupied units are owner-occupied, a direct signal of whether 04108 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 71.3% of adults hold a bachelor's degree or higher, the median age is 61.7, and the average commute is —. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Cumberland County, so you can benchmark 04108 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 04108
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 04108.
- Accommodation and food services
Accommodation and food services
6 establishments
- Real estate and rental and leasing
Real estate and rental and leasing
5 establishments
- Construction
Construction
4 establishments
- Retail trade
Retail trade
4 establishments
- Health care and social assistance
Health care and social assistance
4 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 04108, Peaks Island, ME · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
862
Population
3.1
Area (sq mi)
280
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 04108?
61.7
Median Age
48.3%
Male
51.7%
Female
2.3%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$94,318
Median Household Income
+28% vs state
$59,145
Per Capita Income
7.6%
Poverty Rate
2.0%
Unemployment Rate
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
1,002
Total Housing Units
406
Occupied Units
596
Vacant Units
2.03
Avg Household Size
Occupancy Type
$637,500
Median Home Value
+125% vs state
$1,500
Median Rent
1938
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+2.3%
YoY Change (2024)
421
HPI Index (2000 = 100)
+321%
Total Change Since 2000
Home values in ZIP 04108 have increased 2.3% over the past year (2024). Since 2000, this ZIP has seen +321% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +5.3% | 263 |
| 2021 | +10.8% | 291 |
| 2022 | +13.4% | 330 |
| 2023 | +24.7% | 412 |
| 2024 | +2.3% | 421 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 32 business establishments in ZIP 04108, employing approximately 106 people with a combined annual payroll of $7,425,000.
32
Businesses
106
Employees
$7.4M
Annual Payroll
5
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Accommodation and food services | 6 | 18.8% |
| Real estate and rental and leasing | 5 | 15.6% |
| Construction | 4 | 12.5% |
| Retail trade | 4 | 12.5% |
| Health care and social assistance | 4 | 12.5% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 04108 vs 04109 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 04109 | Portland, ME | 93 | 0.7 mi |
| 04050 | Long Island, ME | 230 | 2.7 mi |
| 04101 | Portland, ME | 17,227 | 3.5 mi |
| 04110 | Cumberland Foreside, ME | 1,391 | 6.8 mi |
| 04102 | Portland, ME | 17,335 | 5.9 mi |
| 04019 | Cliff Island, ME | 71 | 4.9 mi |
| 04107 | Cape Elizabeth, ME | 8,980 | 5.5 mi |
| 04106 | South Portland, ME | 25,175 | 5.4 mi |
| 04103 | Portland, ME | 30,606 | 5.6 mi |
| 04017 | Chebeague Island, ME | 341 | 6.1 mi |
More ZIP Codes in Cumberland County
Related Areas
Frequently Asked Questions
What county is ZIP code 04108 in? ▼
What is the population of ZIP code 04108? ▼
What is the median household income in ZIP 04108? ▼
What is the average home value in ZIP 04108? ▼
What is the demographic makeup of ZIP 04108? ▼
How many businesses are in ZIP code 04108? ▼
What are the main industries in ZIP code 04108? ▼
How have home values changed in ZIP code 04108? ▼
What is the education level in ZIP code 04108? ▼
What percentage of residents own vs. rent in ZIP 04108? ▼
What is the poverty rate in ZIP code 04108? ▼
ZIP Code Research Guides
Official Data Resources for Peaks Island, ME
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.