Location: Oxford County, ME | Metro: Oxford County, ME
| Unit Size | Monthly FMR |
|---|---|
| Studio | $820 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,170 |
| 3 Bedrooms | $1,630 |
| 4 Bedrooms | $1,960 |
| 5 Bedrooms | $2,274 |
| 6 Bedrooms | $2,547 |
| 7 Bedrooms | $2,751 |
| 8 Bedrooms | $2,889 |
U.S. Census Bureau data (2024)
The ZIP code 04221 in Pennsylvania stands out due to its unique data signature. With only 1,191 residents, it has a rental rate of 18.6%, indicating a predominantly owner-occupied area. The median income of $52,458 suggests a middle-class community, while the median home value of $222,028 indicates a relatively stable housing market.
In terms of Section 8 voucher economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,190. This figure is significantly higher than the actual market rent of $485, based on Census ACS data. Landlords in ZIP 04221 can leverage this discrepancy to their advantage, potentially receiving a higher rent subsidy than they would otherwise collect from market-rate tenants.
The data signature for ZIP 04221 reads as stable. The low population density combined with a high median home value suggests that there is little pressure from new development or rapid changes in the demographic makeup of the area. Furthermore, the disparity between the FMR and the actual market rent provides a consistent economic incentive for landlords to participate in the Section 8 program, ensuring steady demand for subsidized units.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.