In York County, spiking housing costs price out working-class families
July 21, 2021
York County’s housing affordability crunch is even more extreme and progressing more rapidly than for the state overall, according to a new report from the Southern Maine Planning and Development Commission.
Home prices continue to rise, but incomes have not kept pace, according to the report. From 2015-19, York County’s median income increased by 13.5%, while median home prices increased faster at 34.8%.
“York County as a whole is not affordable for working-class families,” the report said.