| ZIP Code | 04003 |
|---|---|
| City | Bailey Island |
| State | Maine (ME) |
| County | Cumberland County |
| Area Code | 207 |
| Elevation | 79 ft |
| Latitude | 43.733675 |
|---|---|
| Longitude | -69.971397 |
| Timezone | New York (DST) |
| FIPS | 23005 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 67.4 yrs ↑ 10% since 2019 |
|---|---|
| Avg Household Size | 1.70 |
| Below Poverty | 0.0% ▼ 100% below avg |
| College Grads | 66.7% ▲ 72% above avg |
| Unemployment | 0.0% ▼ 100% below avg |
| HS Graduate | 16 (24.2%) |
| Some College | 6 (9.1%) |
| Bachelors | 8 (12.1%) |
| Graduate Degree | 36 (54.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $71,250 ≈ Avg ↓ 19% since 2019 |
|---|---|
| Median Home Value | $625,000 ▲ 124% above avg ↑ 75% since 2019 |
| Home/Income Ratio | 8.8x (nat avg ~3.5x) |
| Total Units | 354 |
| Vacant Units | 301 |
| Avg HH Size | 1.70 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 354 |
|---|---|
| Vacant | 301 |
| Owner Occupied | 69.8% |
| Renter Occupied | 30.2% |
| Avg HH Size | 1.70 |
ZIP code 04003 is located in Bailey Island, Maine, within Cumberland County. With a population of 90, this is a sparsely populated ZIP code with an older community — the median age is 67.4 years. Economically, 04003 is a solidly middle-class ZIP code: the median household income of $71,250 is near the national average.
Real estate in ZIP code 04003 represents a premium housing market. The median home value of $625,000 is more than double the national average. Homeownership is strong here — 69.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 75% since 2019.
The population of 04003 is primarily White (100.00%). Residents are highly educated — 66.7% hold a bachelor's degree or higher, which is significantly above the national average. Household income has declined by 19% since 2019.
Overall, ZIP code 04003 in Bailey Island, ME is characterized as solidly middle-class, highly educated, an older community, and predominantly owner-occupied. With 90 residents, a median household income of $71,250, and a median home value of $625,000, it offers a clear picture of life in this part of Maine.