ZIP 04949 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 04949 in the Knox County, ME FMR area.

Knox County, ME

$1,110Efficiency
$1,1501 bedroom
$1,3802 bedrooms
$1,7403 bedrooms
$1,8804 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,110$999$1,221$1,101
1 bedroom$1,150$1,035$1,265$1,236
2 bedrooms$1,380$1,242$1,518$1,503
3 bedrooms$1,740$1,566$1,914$1,968
4 bedrooms$1,880$1,692$2,068$1,975

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

Waldo County, ME

$1,110Efficiency
$1,1501 bedroom
$1,3802 bedrooms
$1,7403 bedrooms
$1,8804 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,110$999$1,221$1,132
1 bedroom$1,150$1,035$1,265$1,148
2 bedrooms$1,380$1,242$1,518$1,367
3 bedrooms$1,740$1,566$1,914$1,766
4 bedrooms$1,880$1,692$2,068$1,981

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

Income in ZIP 04949

$53,163average adjusted gross income per tax return (2022)
$36,807average salaries and wages per return
540tax returns filed
31%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00031.5%
$25,000 to $50,00027.8%
$50,000 to $75,00016.7%
$75,000 to $100,0009.3%
$100,000 to $200,00014.8%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 18.5% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 04949?

HUD's FY2027 Small Area FMRs for ZIP 04949 (Knox County, ME) are $1,110 efficiency, $1,150 one bedroom, $1,380 two bedrooms, $1,740 three and $1,880 four bedrooms.

What payment standard can a housing authority set in ZIP 04949?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,242 to $1,518.

How affordable is rent in ZIP 04949?

Tax returns filed from ZIP 04949 reported an average adjusted gross income of $53,163 (2022). A two-bedroom unit at the Small Area FMR costs $16,560 a year, or 31% of that income.