ZIP 04455 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 04455 in the Penobscot County, ME (part) FMR area.

$1,240Efficiency
$1,3601 bedroom
$1,7802 bedrooms
$2,4303 bedrooms
$2,4904 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,240$1,116$1,364$1,042
1 bedroom$1,360$1,224$1,496$1,144
2 bedrooms$1,780$1,602$1,958$1,496
3 bedrooms$2,430$2,187$2,673$2,039
4 bedrooms$2,490$2,241$2,739$2,096

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

Income in ZIP 04455

$53,769average adjusted gross income per tax return (2022)
$36,705average salaries and wages per return
420tax returns filed
40%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00035.7%
$25,000 to $50,00023.8%
$50,000 to $75,00019.0%
$75,000 to $100,0007.1%
$100,000 to $200,00014.3%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 16.7% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 04455?

HUD's FY2027 Small Area FMRs for ZIP 04455 (Penobscot County, ME (part)) are $1,240 efficiency, $1,360 one bedroom, $1,780 two bedrooms, $2,430 three and $2,490 four bedrooms.

What payment standard can a housing authority set in ZIP 04455?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,602 to $1,958.

How affordable is rent in ZIP 04455?

Tax returns filed from ZIP 04455 reported an average adjusted gross income of $53,769 (2022). A two-bedroom unit at the Small Area FMR costs $21,360 a year, or 40% of that income.