ZIP code 04950

ZIP 04950 is a small town in Somerset County, Maine, with 4,761 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #77 of 427 ranked by population — larger than 82% of them. The median age here is 52.4 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in ZIP 04950 earn a median of $48,750 a year, 37.9% below the national figure of $78,538. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 17.2% of residents here, above the 12.4% national rate.

The typical owner-occupied home in ZIP 04950 is valued at $154,300, 49.1% below the national figure, while median gross rent runs $892 a month, 36.6% below the national figure, or roughly $10,704 across a full year. A household on the local median income would put about 22% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 3.2×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 59.9% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

A median age of 52.4 puts ZIP 04950 well into retirement-weighted territory, which pulls median household income down even where household wealth is high, because retirement draws are counted differently from wages.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

ZIP 04950 is tabulated inside Somerset County, Maine, one of 25 ZIP areas the Census publishes for that county and 427 across Maine. Population sits in the small-town band, typically one main street plus the addresses that feed into it. County assignment on this page follows the largest share of the ZIP's land area, which matters where a delivery route crosses a county line: mail addressed to 04950 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 04950 reports a median household income of $48,750, 13% below the $56,136 county median, and 26% below the $65,739 typical ME ZIP. Owner-occupied homes are valued at a median of $154,300, close to the county figure and 33% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $892 a month, which is why it reads higher than the advertised rent on a listing for the same unit.

Maine charges 5.5% statewide, and no local sales tax is layered on top, so the state rate is the full amount collected in 04950.

Everything above comes from the Census Bureau American Community Survey 2019-2023 ACS 5-year estimates for this ZIP Code Tabulation Area, with sales tax rates traced to the state revenue agency. Five-year estimates pool sixty months of responses, so they are stable enough to compare 04950 with its neighbours but always trail the current year, and any value the Census suppressed for sample size is shown as unpublished rather than filled in with a model.