Milbridge is located in Washington, Maine, with an estimated municipal population of 1,560 residents. All of the best foreclosed homes for sale in Milbridge are located in the following zip code areas on Foreclosure.com: 04658. The estimated population per square kilometer (.62 miles) in Milbridge is 24.
So, about how much do homes cost in Milbridge? The most recent median value of resident-owned homes in Milbridge is 115,870. An estimated 76.1 percent of households in Milbridge own their homes, with an average family size of 3.08. The median household income in Milbridge is 45,139, with14.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Milbridge, the median commute time of resident workers (in minutes) is 15.2. And last, but certainly not least, are you looking for homes to rent in Milbridge? If so, the average rent price paid by renters in Milbridge is 754, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Milbridge, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Milbridge is 44.2, split between 46.5 percent male versus 53.5 female. The percentage of residents who report being married in Milbridge is 46.8, with an average family size of 3.08.
The percentage of residents who report their race in Milbridge is as follows:
| White | 86.8% |
| Black / African American | 6.6% |
| Asian | 0.6% |
| American Indian / Alaskan Native | 0.2% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 2% |
| Other | 3.8% |
Looking for family-friendly neighborhoods in and/or near Milbridge? Or maybe you are searching for 55+ active adult communities in and/or near Milbridge?
The percentage of residents who report their age in Milbridge is as follows:
| Under 10 | 10.9% |
| Aged 10-19 | 12% |
| 20s | 13.8% |
| 30s | 8.9% |
| 40s | 13% |
| 50s | 11.7% |
| 60s | 11.4% |
| 70s | 10.9% |
| 80+ | 7.4% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Milbridge with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Milbridge.
How do you know that living in -- or moving to -- Milbridge is right where you need to be? Perhaps you grew up in Milbridge or already live nearby; therefore, the decision to buy a home in Milbridge is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Milbridge for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Milbridge:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Milbridge.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Milbridge can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Milbridge, meanwhile, can field multiple offers from more qualified buyers.
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