Quick facts: Gardiner, ME

Quick Facts

106.3
Cost of Living
above US average
6,106
Population
9.17
Crime Rate per 1000
below US average
$57,329
Median Income
below US average
$310,000
Median House Price
above US average
$1628.13
Average Rent
above US average
11%
Poverty Rate
above US average
2.3%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $57,329.

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Income Needed to Buy

βœ— Stretch
$97k/year
Based on $310,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $97k vs median $57,329
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Income Needed to Rent

⚠ Stretch
$70k/year
Based on $1628.13/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $70k vs median $57,329
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Gardiner, ME

Gardiner, located in Kennebec County, Maine, is a small city known for its rich history and picturesque riverfront along the Kennebec River. As part of the Augusta-Waterville metropolitan area, Gardiner combines a charming, small-town atmosphere with convenient access to larger urban amenities. Founded in the 18th century, Gardiner boasts historical architecture, including the iconic Johnson Hall, a former theater turned performing arts center. The city's downtown area features a variety of local shops, cafes, and restaurants, creating a welcoming community vibe. Outdoor enthusiasts will appreciate the abundance of recreational opportunities in and around Gardiner, including hiking, fishing, and boating. The nearby Gardiner Common offers green spaces for picnics and leisure activities. Gardiner is also known for its commitment to the arts, with public events and community festivals throughout the year that foster local culture and engagement. With its blend of history, community spirit, and scenic beauty, Gardiner represents an inviting destination for residents and visitors alike.

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