04040 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Cumberland County
Centroid: Latitude 44.105, Longitude -70.668
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 04040 has segments in 2 Counties (Cumberland, Oxford).

Businesses Addresses: 72
PO Box Addresses: 316
Residential Addresses: 1,323

Multi-Family Addresses: 0
Single Family Addresses: 1,323

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: January 29, 2021.

Harrison, ME 04040 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	3,294 (100%)
Population in Households	3,293 (100.0%)
Population in Families	2,634 (80.0%)
Population in Group Quarters¹	1 ( 0.0%)
Population Density	51
Diversity Index²	9


INCOME
Median Household Income	$57,154
Average Household Income	$76,028
% of Income for Mortgage⁴	16%
Per Capita Income	$31,759
Wealth Index⁵	87

HOUSING
Total HU (Housing Units)	2,263 (100%)
Owner Occupied HU	1,157 (51.1%)
Renter Occupied HU	219 ( 9.7%)
Vacant Housing Units	887 (39.2%)
Median Home Value	$225,000
Average Home Value	$293,820
Housing Affordability Index³	153

HOUSEHOLDS
Total Households	1,376
Average Household Size	2.39
Family Households	944
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Harrison, ME 04040 - Peer Comparisons by Rank and Percentile

The table below compares 04040 to the other 400 ZIP Codes in Maine by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	0.46%	0.57%
Households	0.57%	0.65%
Families	0.32%	0.5%
Median Household Income		1.97%
Per Capita Income		2.17%
Owner Occupied HU		0.65%

Variable Description	Rank	Percentile
Total Population	# 112	72nd
Population Density	# 205	49th
Median Household Income	# 134	67th
Housing Affordability Index	# 135	34th
Per Capita Income	# 140	65th
Diversity Index	# 261	35th

Harrison, ME 04040 ZIP Code Profile

ZIP Code 04040: Basic Data & USPS Preferred City Name

Harrison, ME 04040 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Harrison, ME 04040 - Peer Comparisons by Rank and Percentile

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