| ZIP Code | 04088 |
|---|---|
| City | Waterford |
| State | Maine (ME) |
| County | Oxford County |
| Area Code | 207 |
| Elevation | 1,018 ft |
| Latitude | 44.202838 |
|---|---|
| Longitude | -70.722272 |
| Timezone | New York (DST) |
| FIPS | 23017 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 54.1 yrs ↑ 10% since 2019 |
|---|---|
| Avg Household Size | 2.23 |
| Below Poverty | 14.6% ▲ 46% above avg |
| College Grads | 40.2% ≈ Avg |
| Unemployment | 4.3% ▼ 12% below avg |
| No HS Diploma | 7 (0.7%) |
| HS Graduate | 351 (34.2%) |
| Some College | 105 (10.2%) |
| Associates | 150 (14.6%) |
| Bachelors | 97 (9.5%) |
| Graduate Degree | 315 (30.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $65,000 ▼ 15% below avg ↑ 24% since 2019 |
|---|---|
| Median Home Value | $242,700 ▼ 13% below avg ↑ 50% since 2019 |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $835/mo ↑ 3% since 2019 |
| Total Units | 993 |
| Vacant Units | 409 |
| Avg HH Size | 2.23 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 993 |
|---|---|
| Vacant | 409 |
| Owner Occupied | 90.9% |
| Renter Occupied | 9.1% |
| Avg HH Size | 2.23 |
ZIP code 04088 is located in Waterford, Maine, within Oxford County. With a population of 1,300, this is a sparsely populated ZIP code with a mature community — the median age is 54.1 years. Economically, 04088 is a solidly middle-class ZIP code: the median household income of $65,000 is near the national average.
Real estate in ZIP code 04088 represents an affordable housing market. The median home value of $242,700 is near the national average. Renters can expect to pay around $835 per month in median rent. Homeownership is strong here — 90.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 50% since 2019.
The population of 04088 is primarily White (96.00%). Residents are well-educated — 40.2% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 14.6%. Household income has grown by 24% since 2019.
The unemployment rate in 04088 stands at 4.3%, which is near the national average. About 16% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 73%.
Overall, ZIP code 04088 in Waterford, ME is characterized as solidly middle-class, well-educated, a mature community, and predominantly owner-occupied. With 1,300 residents, a median household income of $65,000, and a median home value of $242,700, it offers a clear picture of life in this part of Maine.