HousingHandbookReference data

U.S. ZIP Code · ME04901

Kennebec County

Typical home value

$268,525[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.9%
5-year / yr
+9.1%
10-year / yr
+8.9%

Relative price

vs U.S.
-5.5%
vs metro
vs state
-20.6%
ZIP 04901 location in ME
Location of ZIP 04901 in ME

Price history

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

The typical home in 04901 is worth $268,525. Over the past year, values have risen 0.9%. Homes here rent for a typical $1,317 a month — a 5.9% gross rental yield. 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
$1,317[2]
Gross yield
5.9%[2]
Cap rate
3.5%[2]

#Property tax

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

Effective tax rate
1.1%[3]
Typical annual tax
$2,972[3]

#Climate risk

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

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

#Who lives here

Population
27,870[3]
Median household income
$57,403[3]

#Migration

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

Net migration
+249[5]
Moved in
3,404
Moved out
3,155

Schools

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

Public schools
9
Elementary
4
Middle
2
High
2
  • Winslow Elementary School

    Elementary · Grades PK–6 · Winslow Schools

    552 students

  • George J Mitchell School

    Elementary · Grades PK–3 · Waterville Public Schools

    545 students

  • Benton Elementary School

    Elementary · Grades 1–6 · RSU 49/MSAD 49

    515 students

  • Waterville Senior High School

    High · Grades 9–12 · Waterville Public Schools

    502 students

  • Winslow High School

    High · Grades 9–12 · Winslow Schools

    372 students

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 yield5.9%
Net yield (after ~40% expenses)3.5%
Annual rent$15,804

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$1,358
Loan principal$214,820
Down payment$53,705
Total interest paid$273,992

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 ratio1.39
Monthly cost to own$1,830
Monthly rent$1,317

Renting is meaningfully cheaper month-to-month.

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
[1]
Rental yield
[2]
Property tax
[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 04901?
The typical home in 04901 is worth $268,525, based on the Zillow Home Value Index.
Are home values rising in 04901?
Home values in 04901 are up 0.9% over the past year, and up 9.1% a year over five years.
What is the typical rent in 04901?
A typical home in 04901 rents for about $1,317 a month, a gross rental yield of 5.9%.
What is the property tax rate in 04901?
The effective property tax rate in 04901 is 1.1% — roughly $2,972 a year on a typical home.
Who lives in 04901?
ZIP code 04901 has a population of 27,870 and a median household income of $57,403.

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