| ZIP Code | 04108 |
|---|---|
| City | Peaks Island |
| State | Maine (ME) |
| County | Cumberland County |
| Area Code | 207 |
| Elevation | 1 ft |
| Latitude | 43.636765 |
|---|---|
| Longitude | -70.186808 |
| Timezone | New York (DST) |
| FIPS | 23005 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 60.0 yrs |
|---|---|
| Avg Household Size | 1.83 |
| Below Poverty | 15.7% ▲ 57% above avg |
| College Grads | 75.7% ▲ 95% above avg |
| Unemployment | 2.5% ▼ 48% below avg |
| No HS Diploma | 9 (1.3%) |
| HS Graduate | 93 (13.7%) |
| Some College | 31 (4.6%) |
| Associates | 32 (4.7%) |
| Bachelors | 43 (6.3%) |
| Graduate Degree | 470 (69.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $84,120 ▲ 10% above avg ↑ 3% since 2019 |
|---|---|
| Median Home Value | $488,400 ▲ 75% above avg ↑ 28% since 2019 |
| Home/Income Ratio | 5.8x (nat avg ~3.5x) |
| Median Rent | $1,484/mo ↑ 58% since 2019 |
| Total Units | 1,059 |
| Vacant Units | 632 |
| Avg HH Size | 1.83 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,059 |
|---|---|
| Vacant | 632 |
| Owner Occupied | 86.7% |
| Renter Occupied | 13.4% |
| Avg HH Size | 1.83 |
ZIP code 04108 is located in Peaks Island, Maine, within Cumberland County. With a population of 788, this is a sparsely populated ZIP code with an older community — the median age is 60 years. Economically, 04108 is a middle-income ZIP code: the median household income of $84,120 is near the national average.
Real estate in ZIP code 04108 represents a premium housing market. The median home value of $488,400 is significantly above the national average. Renters can expect to pay around $1,484 per month in median rent. Homeownership is strong here — 86.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 28% since 2019.
The population of 04108 is primarily White (91.50%). Residents are highly educated — 75.7% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects some residents at 15.7%. Household income has grown by 3% since 2019.
The unemployment rate in 04108 stands at 2.5%, which is below the national average. A notably high share of workers — 34% — work from home, reflecting the professional makeup of the area. As in most parts of the country, driving alone is the dominant commute mode at 35%.
Overall, ZIP code 04108 in Peaks Island, ME is characterized as middle-income, highly educated, an older community, and predominantly owner-occupied. With 788 residents, a median household income of $84,120, and a median home value of $488,400, it offers a clear picture of life in this part of Maine.