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Waterford, ME Utility & Living Guide
Utilities, housing, taxes, cost of living, and local insights — everything residents and families need.
Monthly Utility Costs
$150/mo
—
$50/mo
$30/mo
$70/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1000/mo |
| 2 Bedrooms | $1400/mo |
| 3 Bedrooms | $2000/mo |
| Median Home Price | $280,000 |
| Property Tax Rate | 1.1% |
| Avg Childcare/mo | $1200 |
The housing market in Waterford is relatively stable, with a mix of older and newer homes available. Rentals are limited, but affordable options can be found. The town has a strong sense of community, making it an attractive option for families
Cost of Living
110
+10% above national average
105
95
102
$1200
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 5.5% |
| Property Tax Rate | 1.1% |
| <p>State 5.5% + no county or city tax</p> | |
Maine state income tax ranges from 5.2% to 7.95%, with a top marginal rate of 7.95% applying to income above $50,000
Family & Relocation
60
7.2/10
$1200/mo
City Pulse
Waterford has limited public transportation, but the town is relatively small and walkable, making it accessible for families with strollers
- Mount Tire'm
- Waterford Town Beach
- McLaughlin Gardens
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Waterford based on your household profile.
📰 Live Local News
Waterford has regulations regarding zoning, building permits, and environmental protection
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
Find Another City Guide
Search by city name or ZIP code to find utility costs, housing data and cost of living guides.
📊 Waterford — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Utility costs in Waterford can fluctuate significantly by season, with higher electricity bills in the summer due to air conditioning and higher heating oil bills in the winter. However, the town's mild climate means that these fluctuations are relatively moderate compared to other parts of the country
🏛️ Local Tax Details
The ZIP code 04088 has a property tax millage rate of 15.5, with no local surtaxes
👶 Family & Stroller Friendliness
6, due to the town's relatively small size and walkability, as well as the presence of sidewalks and parks, but limited public transportation options and some areas with rough terrain
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