Housing

California vs Maine: Home Value to Income Ratio

Maine has a lower home value to income ratio than California.

California

CA · West

8.25x

Median home value divided by median household income.

Maine

ME · Northeast

Winner

3.91x

Median home value divided by median household income.

Visual comparison

California8.25x

Maine3.91x

Difference: 4.34x — Maine leads.

National Rankings

Where They Rank Nationally

See where both states fall among all 50 states for home value to income ratio.

California #49 · 8.25x

Maine #27 · 3.91x

Best Worst

10 Best States — Home Value to Income Ratio

Lower is better

West Virginia

2.38x

Iowa

2.46x

Kansas

2.78x

Mississippi

2.87x

Ohio

2.93x

Nebraska

2.94x

Arkansas

2.96x

Kentucky

2.97x

North Dakota

2.98x

#10

Indiana

3.00x

Selected states

#49

California

8.25x

#27

Maine

3.91x

California ranks 49th and Maine ranks 27th nationally for home value to income ratio.

Related context

Home Affordability Ratios

A price-to-income ratio above 4× is stretched; above 6× is considered severely unaffordable.

MetricCaliforniaMaine

Median Home Value $693,700 $274,400 Median Household Income $84,097 $70,171 Property Tax Rate 0.70% 1.02% Rent-to-Income Ratio 26.5% 18.2%

What this means