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Falmouth, ME

Full City Profile · Maine · Cumberland County County

3.2 /5.0
B Good
1,447 Population 603/sq mi density
$89,625 Median Income $85,989 per capita
$737,300 Home Value $865,730 Zillow
$1,441 Median Rent 24.6% income on rent
48°F Avg Temperature 246 sunny days/yr
24 Violent Crime/100K 1,099 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$89,625 median income, 2.0% unemployment
C
Affordability
2.0 / 5.0
$737,300 home value, $1,441/mo rent
F
Safety
1.0 / 5.0
24 violent crimes/100K
A+
Education
5.0 / 5.0
64.8% bachelor's degree or higher

Income Overview

Median Household Income
$89,625
19% above
US avg: $75,149
Per Capita Income
$85,989
120% above
US avg: $39,052
Unemployment Rate
2.0%
44% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: Falmouth vs. U.S. Average

Each bar shows Falmouth’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$89,625
119%
Per Capita
US: $39,052
$85,989
220%
IRS Avg AGI
US: $72,000
$101,946
142%
Avg Weekly Wage
US: $1,432
$1,372
96%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,372
4% below US avg ($1,432)
Mean Commute Time
18 min
36% below US avg (28 min)
Work From Home
23.8%
57% above US avg (15.2%)
Drive Alone
69.3%
5% below US avg (73.2%)
Public Transit
1.5%
70% below US avg (5.0%)
County GDP
$34,616M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 69.3%
Public Transit 1.5%
Work From Home 23.8%
Other 5.4%
Average commute time
18 minutes
US avg: 28 min

Business Landscape

Total Establishments
18,210
Restaurants
1,133
Healthcare
1,504
Retail
1,447
Manufacturing
417

Tax & Financial

IRS Avg Adjusted Gross Income
$101,946
42% above US avg ($72,000)
Avg Property Tax
$7,839
124% 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$89,625
Per Capita Income$85,989
IRS Avg Adjusted Gross Income$101,946
Avg Weekly Wage$1,372
County GDP$34,616M

Hardship Indicators

Unemployment Rate2.0%
Poverty Rate0.0%
Gini Coefficient0.467
Cost of Living Index97.1

Commute

Mean Commute18 minutes
Drive Alone69.3%
Public Transit1.5%
Work From Home23.8%

Businesses

Total Establishments18,210
Restaurants1,133
Healthcare1,504
Retail1,447
Manufacturing417

Tax

IRS Avg AGI$101,946
Avg Property Tax$7,839