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Damariscotta, ME

Full City Profile · Maine · Knox County County

2.9 /5.0
C+ Fair
1,172 Population 339/sq mi density
$63,696 Median Income $45,484 per capita
$387,200 Home Value $456,343 Zillow
$1,016 Median Rent 36.6% income on rent
47°F Avg Temperature 251 sunny days/yr
46 Violent Crime/100K 2,139 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$63,696 median income, 6.2% unemployment
B
Affordability
3.2 / 5.0
$387,200 home value, $1,016/mo rent
F
Safety
1.0 / 5.0
46 violent crimes/100K
A+
Education
4.5 / 5.0
43.8% bachelor's degree or higher

Housing Overview

Median Home Value
$387,200
37% above
US avg: $281,900
Median Rent
$1,016/mo
13% below
US avg: $1,163/mo
Homeownership Rate
63.4%
3% below US avg (65.4%)
Total Housing Units
661
Median year built: 1974

Home Value by Source

Census Median
$387,200
Zillow (ZHVI)
$456,343
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

63.4%
Owner-Occupied
36.6%
Renter-Occupied
63%
37%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,108/mo
1 Bedroom
$1,186/mo
2 Bedroom
$1,497/mo
3 Bedroom
$1,951/mo
4 Bedroom
$2,190/mo
Census median rent: $1,016/mo

Affordability & Housing Stock

Rent Burden
36.6%
of renters spending 30%+ of income on housing
18% above US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
63.4%

Complete Housing Data

Home Values

Census Median Value$387,200
Zillow Home Value (ZHVI)$456,343

Rent

Census Median Rent$1,016
FMR Studio$1,108
FMR 1-Bedroom$1,186
FMR 2-Bedroom$1,497
FMR 3-Bedroom$1,951
FMR 4-Bedroom$2,190

Market

Ownership & Stock

Owner-Occupied63.4%
Renter-Occupied36.6%
Homeownership Rate63.4%
Total Housing Units661
Median Year Built1974
Rent Burden36.6%