Photo: wbaron · CC BY-SA 3.0Measured against area pay, Hodgdon costs less to live in than 65% of U.S. towns
Home prices around Hodgdon have risen about 60% over the past 5 years. No new homes were permitted in 2025.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of Aroostook County, ME ($57K). How TownRatings grades cost of living
The grade compares costs with what households across Aroostook County earn ($57K, Census 2020–24). The typical home costs 2.8 years of area income, and 45% of renters pay 30% or more of income for housing.
In dollars
- $1,190a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
In paychecks the grade
- 2.8 yrsof area income buys the typical home; the typical U.S. town: 3.3$57K, Aroostook County income
- 15%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 28%of owners do; the typical U.S. town: 20%Census 2020–24
What kind of housing town is Hodgdon?
Read from the numbers below. The page puts what stands out first.
What’s behind Hodgdon’s grade
Measured against what households in the area earn, Hodgdon is more affordable than 65% of U.S. towns. The share of households paying 30%+ for housing pulls the grade down most; rent holds it up.
Home prices up 60% in 5 years
The federal house price index for the ZIP code around Hodgdon rose 60% over the past 5 years, slower than across Maine (68%). Last year prices rose 29%. Carrying the Census median home value forward with that index puts the typical Hodgdon home at roughly $203,000 today.
Carrying the Census median forward with the index puts a typical home at about $203K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Hodgdon, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A year’s rent takes 15% of area income
The calculator starts from the area income the grade uses. Switch to Hodgdon’s own median, or type yours.
That covers a typical Hodgdon home, with $15K to spare.
A two-bedroom rents for about $1,190 a month here, $50 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Hodgdon’s typical property tax (1.01% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,190
Renters already here pay a median of $695, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Aroostook County, ME): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Hodgdon in 2025. The last year with any was 2024 (1 new home).
Between the 2010 and 2020 censuses, Hodgdon's population fell by 19 even though 38 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Maine: 0.9 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 1 | 1 | 0 | $89,000 |
| 2023 | 4 | 4 | 0 | $650,000 |
| 2022 | 2 | 2 | 0 | $558,000 |
| 2021 | 4 | 4 | 0 | $178,000 |
| 2020 | 3 | 3 | 0 | $180,000 |
| 2019 | 3 | 3 | 0 | $215,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 3 | 3 | 0 | $215,000 |
| 2016 | 3 | 3 | 0 | $198,000 |
| 2015 | 4 | 4 | 0 | $284,000 |
| 2014 | 6 | 6 | 0 | $310,000 |
| 2013 | 7 | 7 | 0 | $595,000 |
| 2012 | 6 | 6 | 0 | $383,000 |
| 2011 | 5 | 5 | 0 | $326,000 |
| 2010 | 1 | 1 | 0 | $78,000 |
| 2009 | 4 | 4 | 0 | $172,000 |
| 2008 | 5 | 5 | 0 | $239,000 |
| 2007 | 5 | 5 | 0 | $350,000 |
| 2006 | 7 | 7 | 0 | $541,000 |
| 2005 | 4 | 4 | 0 | $180,000 |
| 2004 | 10 | 10 | 0 | $419,000 |
| 2003 | 3 | 3 | 0 | $160,000 |
| 2002 | 4 | 4 | 0 | $180,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Property tax runs below the Maine norm
The median bill is $1,614 (Maine: $3,036), 1.01% of a home’s value a year, against 1.02% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
Hodgdon vs. its neighbors
Zillow publishes no value for Hodgdon. Linneus has no Zillow value, so it is in the table only.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, latest | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Hodgdon | B | — | $159K | 1.01% | $1,190 |
| Linneus | – | — | $144K | 1.12% | $1,190 |
| Houlton | B− | $160K | $137K | 1.25% | $1,190 |
“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures. “—” under Cost: not graded (too little Census data, or under 1,000 residents).
Questions about the cost of living in Hodgdon
Is Hodgdon expensive to live in?
Measured against what households in the area earn, Hodgdon costs less than 65% of U.S. towns: a B for cost of living. The typical home costs 2.8 years of the median household income of Aroostook County, ME ($57K).
How much is rent in Hodgdon?
HUD puts a two-bedroom at about $1,190 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $695 (Census 2020–24).
What are property taxes in Hodgdon?
The median bill is $1,614 a year, 1.01% of the median home value (Maine: $3,036, 1.02%), from the Census 2020–24.
Neighbors talk housing
What Hodgdon buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.