ZIP 04444 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 04444 in the Bangor, ME FMR area.

Bangor, ME

$1,290Efficiency
$1,3801 bedroom
$1,7602 bedrooms
$2,3303 bedrooms
$2,5204 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,290$1,161$1,419$1,305
1 bedroom$1,380$1,242$1,518$1,380
2 bedrooms$1,760$1,584$1,936$1,722
3 bedrooms$2,330$2,097$2,563$2,203
4 bedrooms$2,520$2,268$2,772$2,495

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Penobscot County, ME (part)

$1,290Efficiency
$1,3801 bedroom
$1,7602 bedrooms
$2,3303 bedrooms
$2,5204 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,290$1,161$1,419$1,042
1 bedroom$1,380$1,242$1,518$1,144
2 bedrooms$1,760$1,584$1,936$1,496
3 bedrooms$2,330$2,097$2,563$2,039
4 bedrooms$2,520$2,268$2,772$2,096

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 04444

$100,954average adjusted gross income per tax return (2022)
$66,812average salaries and wages per return
4,850tax returns filed
21%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00023.3%
$25,000 to $50,00021.0%
$50,000 to $75,00014.6%
$75,000 to $100,00010.5%
$100,000 to $200,00021.4%
$200,000 or more9.1%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 7.2% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 04444?

HUD's FY2027 Small Area FMRs for ZIP 04444 (Bangor, ME) are $1,290 efficiency, $1,380 one bedroom, $1,760 two bedrooms, $2,330 three and $2,520 four bedrooms.

What payment standard can a housing authority set in ZIP 04444?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,584 to $1,936.

How affordable is rent in ZIP 04444?

Tax returns filed from ZIP 04444 reported an average adjusted gross income of $100,954 (2022). A two-bedroom unit at the Small Area FMR costs $21,120 a year, or 21% of that income.