HousingHandbookReference data

U.S. ZIP Code · ME04457

Penobscot County · Bangor, ME

Typical home value

$222,382[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.5%
5-year / yr
+8.3%
10-year / yr
+8.6%

Relative price

vs U.S.
-21.7%
vs metro
-10.4%
vs state
-34.2%
ZIP 04457 location in ME
Location of ZIP 04457 in ME

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 04457 is worth $222,382 — 10.4% below the Bangor, ME median. Over the past year, values have risen 3.5%. The effective property tax rate is 1.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.1%[3]
Typical annual tax
$2,425[3]

#Climate risk

FEMA National Risk Index ratings for Penobscot County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Moderate
Coastal flood
Very Low
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Very Low
Hurricane
Relatively Moderate
Tornado
Relatively Low
Earthquake
Relatively Low
Winter weather
Very High

#Who lives here

Population
5,823[3]
Median household income
$56,645[3]

#Migration

Household moves in and out of Penobscot County over a year, from IRS tax-return data.

Net migration
+253[5]
Moved in
3,611
Moved out
3,358

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
1
Middle
1
High
1
  • Mattanawcook Jr High School

    Middle · Grades 4–8 · RSU 67

    327 students

  • Ella P Burr School

    Elementary · Grades PK–3 · RSU 67

    325 students

  • Mattanawcook Academy

    High · Grades 9–12 · RSU 67

    302 students

  • No Penobscot Tech-Region 3

    Not applicable · Lincoln-Region 3

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,124
Loan principal$177,906
Down payment$44,476
Total interest paid$226,909

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,512
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
86th percentile[1]
Rental yield
[2]
Property tax
70th percentile[3]

Frequently asked

How much is a home worth in ZIP code 04457?
The typical home in 04457 is worth $222,382, based on the Zillow Home Value Index.
Are home values rising in 04457?
Home values in 04457 are up 3.5% over the past year, and up 8.3% a year over five years.
What is the property tax rate in 04457?
The effective property tax rate in 04457 is 1.1% — roughly $2,425 a year on a typical home.
Who lives in 04457?
ZIP code 04457 has a population of 5,823 and a median household income of $56,645.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Milford CDP, ME

    Typical home
    $220,359
    Gross yield
  • ME

    Typical home
    $216,042
    Gross yield
  • ME

    Typical home
    $231,700
    Gross yield
  • Dexter CDP, ME

    Typical home
    $209,987
    Gross yield
  • ME

    Typical home
    $236,166
    Gross yield
  • ME

    Typical home
    $246,001
    Gross yield

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