Damariscotta, ME
Full City Profile · Maine · Knox County County
2.8
/5.0
C+
Fair
1,172
Population
339/sq mi density
$63,696
Median Income
$45,484 per capita
$387,200
Home Value
$480,160 Zillow
$1,016
Median Rent
36.6% income on rent
47°F
Avg Temperature
87
Violent Crime/100K
1,300 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$63,696 median income, 12.7% unemployment
B
Affordability
3.2 / 5.0
$387,200 home value, $1,016/mo rent
F
Safety
1.0 / 5.0
87 violent crimes/100K
A+
Education
4.5 / 5.0
43.8% bachelor's degree or higher
Income Overview
Median Household Income
$63,696
15% below
US avg: $75,149
Per Capita Income
$45,484
16% above
US avg: $39,052
Unemployment Rate
12.7%
253% above
US avg: 3.6%
Poverty Rate
17.6%
42% above
US avg: 12.4%
Income Comparison: Damariscotta vs. U.S. Average
Each bar shows Damariscotta’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$63,696
85%
Per Capita
US: $39,052
$45,484
116%
IRS Avg AGI
US: $72,000
$75,849
105%
Avg Weekly Wage
US: $1,432
$1,072
75%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,072
25% below US avg ($1,432)
Mean Commute Time
15 min
46% below US avg (28 min)
Work From Home
11.0%
28% below US avg (15.2%)
Drive Alone
75.4%
3% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,633M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
75.4%
Public Transit
0%
Work From Home
11%
Other
13.6%
Average commute time
15 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,289
Restaurants
171
Healthcare
170
Retail
240
Manufacturing
94
Tax & Financial
IRS Avg Adjusted Gross Income
$75,849
5% above US avg ($72,000)
Avg Property Tax
$8,165
133% above US avg ($3,500)
Cost of Living Index
97.1
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $63,696 |
| Per Capita Income | $45,484 |
| IRS Avg Adjusted Gross Income | $75,849 |
| Avg Weekly Wage | $1,072 |
| County GDP | $2,633M |
Hardship Indicators
| Unemployment Rate | 12.7% |
| Poverty Rate | 17.6% |
| Gini Coefficient | 0.436 |
| Cost of Living Index | 97.1 |
Commute
| Mean Commute | 15 minutes |
| Drive Alone | 75.4% |
| Public Transit | 0.0% |
| Work From Home | 11.0% |
Businesses
| Total Establishments | 2,289 |
| Restaurants | 171 |
| Healthcare | 170 |
| Retail | 240 |
| Manufacturing | 94 |
Tax
| IRS Avg AGI | $75,849 |
| Avg Property Tax | $8,165 |