| ZIP Code | 04987 |
|---|---|
| City | Troy |
| State | Maine (ME) |
| County | Waldo County |
| Area Code | 207 |
| Elevation | 424 ft |
| Latitude | 44.674148 |
|---|---|
| Longitude | -69.251844 |
| Timezone | New York (DST) |
| FIPS | 23027 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 51.3 yrs ↑ 19% since 2019 |
|---|---|
| Avg Household Size | 2.23 |
| Below Poverty | 22.1% ▲ 121% above avg |
| College Grads | 37.9% ≈ Avg |
| Unemployment | 5.1% ≈ Avg |
| No HS Diploma | 7 (1%) |
| HS Graduate | 221 (32.2%) |
| Some College | 94 (13.7%) |
| Associates | 105 (15.3%) |
| Bachelors | 58 (8.4%) |
| Graduate Degree | 202 (29.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $47,321 ▼ 38% below avg |
|---|---|
| Median Home Value | $194,100 ▼ 30% below avg ↑ 40% since 2019 |
| Home/Income Ratio | 4.1x (nat avg ~3.5x) |
| Median Rent | $1,322/mo ↑ 53% since 2019 |
| Total Units | 512 |
| Vacant Units | 101 |
| Avg HH Size | 2.23 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 512 |
|---|---|
| Vacant | 101 |
| Owner Occupied | 91.7% |
| Renter Occupied | 8.3% |
| Avg HH Size | 2.23 |
ZIP code 04987 is located in Troy, Maine, within Waldo County. With a population of 917, this is a sparsely populated ZIP code with a mature community — the median age is 51.3 years. Economically, 04987 is a working-class ZIP code: the median household income of $47,321 is below the national average.
Real estate in ZIP code 04987 represents an affordable housing market. The median home value of $194,100 is below the national average. Renters can expect to pay around $1,322 per month in median rent. Homeownership is strong here — 91.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 40% since 2019.
The population of 04987 is primarily White (94.11%). Residents are moderately educated — 37.9% hold a bachelor's degree or higher, which is near the national average. Poverty affects a significant share of residents at 22.1%.
The unemployment rate in 04987 stands at 5.1%, which is near the national average. About 21% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 60%.
Overall, ZIP code 04987 in Troy, ME is characterized as working-class, moderately educated, a mature community, and predominantly owner-occupied. With 917 residents, a median household income of $47,321, and a median home value of $194,100, it offers a clear picture of life in this part of Maine.