Mechanic Falls, Maine Mortgage and Housing Information

Population: 2,450
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Median price asked in year 2000	$75,000

A comparison of the average prices of homes in Mechanic Falls, Maine and the U.S.
	U.S.	Maine	Mechanic Falls
Median home value in year 2000	$111,800	$94,300	$76,100

Median owner costs for owner-occupied houses and condos in year **2000**
	U.S.	Maine	Mechanic Falls
With a mortgage	$1,088	$923	$901
Without a mortgage	$295	$299	$343

Types of mortgages for owner-occupied Single-family Houses in Mechanic Falls (2000)
Mortgage Type	Number of Single-family Houses	Percent of total
Without a mortgage	78	20.9%
First Mortgage Only	236	63.3%
Second Mortgage and/or Home Equity Loan	59	15.8%
Total	373	100%

Median age for males and females (2000).
Males	34
Females	36

Males earn $10,178 (65.8%) more than Females in Mechanic Falls.

Level of higher education for people over 25 years in Mechanic Falls (2000).
Level	Number of Males	Percent of Males	Number of Females	Percent of Females
Some College	126	17.3%	169	23.2%
Associate Degree	11	1.5%	58	8.0%
Bachelor's Degree	41	5.6%	67	9.2%
Master's Degree	34	4.7%	4	0.5%
Professional Degree	3	0.4%	0	0.0%
Doctorate Degree	0	0.0%	0	0.0%
Total (at least some college)	215	29.5%	298	35.0%
Total over 25	729	100%	851	100%

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