Median Income
$62,000
17% lower than US avg
Home Value
$400,000
42% higher than US avg
Bachelor's+
20.9%
38% lower than US avg
Median Rent
$1,110
5% lower than US avg
Unemployment
11.3%
214% higher than US avg
Poverty Rate
18.8%
52% higher than US avg
How Mahone Bay Compares to the U.S. Average (100% = U.S. avg)
People
Population1,064
Median Age60.0 yrs
Density884/mi²
Male / Female44% / 57%
Largest GroupWhite 98%
Economy
C
Median Income$62,000
Per Capita$44,300
Unemployment11.3%
Poverty18.8%
Commute23 min
Housing
B
Home Value$400,000
Rent$1,110
OwnershipN/A
Housing Units520
Rent Burden24.0%
Climate
Avg TempN/A
AQIN/A
Elevation13 ft
Education
C+
Bachelor's+20.9%
High School+27.7%
Graduate+13.0%
Is Mahone Bay a Good Place to Live?
Based on current data, Mahone Bay receives an overall livability score of 2.7 out of 5.0, earning a grade of C+. Areas to be aware of include high housing costs, above-average unemployment, an elevated poverty rate. Mahone Bay has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Mahone Bay is $62,000, 17% below the national average of $75,149. At 11.3%, unemployment is notably high. The poverty rate of 18.8% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 23 minutes.
Cost of Living & Housing
The median home value in Mahone Bay is $400,000, 42% above the national median. Renters pay a median of $1,110 per month. The price-to-income ratio of 6.5x means housing costs are stretched relative to local earnings.
Education
20.9% of residents hold a bachelor's degree, below the national average of 33.7%. 27.7% have completed high school.
Mahone Bay has a population of 1,064 with a density of 884 people per square mile. The median age is 60.0 years, 54% older than the national median of 38.9. The city is predominantly White (98%).
Population
1,064
Total Population
2021 Census
60.0yrs
Median Age
54% above US avg
Race & Ethnicity
Mahone Bay vs U.S. Average
Language Spoken at Home
| English Only | 94.3% |
| 20% above US avg |
| Spanish | 1.4% |
| 89% below US avg |
| Other Languages | 4.2% |
Social Characteristics
Mahone Bay vs U.S. Average
The median household income in Mahone Bay is $62,000, which is 17% below the national average of $75,149. The unemployment rate is 11.3% (above the 3.6% US average). 18.8% of residents live below the poverty line. Workers commute an average of 23 minutes.
Income: Mahone Bay vs U.S.
Income
| Median HH Income | $62,000 |
| 17% below US avg |
| Per Capita Income | $44,300 |
Employment & Poverty
| Unemployment | 11.3% |
| 214% above US avg |
| Poverty Rate | 18.8% |
| 52% above US avg |
Commute & Transportation
| Commute Time | 22.5 min |
| Drive Alone | 71.9% |
| Public Transit | 0.0% |
| Work from Home | 24.6% |
The median home value in Mahone Bay is $400,000, 42% above the national average. Monthly rent averages $1,110 (5% below US avg).
Home Values
| Census Median | $400,000 |
| 42% above US avg |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $1,110 |
| 5% below US avg |
| Rent Burden | 24.0% |
Ownership & Property
| Owner-Occupied | 67.3% |
| Renter-Occupied | 32.7% |
| Housing Units | 520 |
Property Tax
Health Metrics: Mahone Bay vs U.S. Average (%)
Behaviors & Mental Health
Healthcare Access
Food & Exercise
Crime Rates: Mahone Bay vs U.S. Average (per 100,000)
Geography
| Elevation | 13 ft (4 m) |
| Area | 1.2 sq mi (3.1 km²) |
| Population Density | 884/sq mi |
| Coordinates | 44.4488°N, 64.3816°W |
| Timezone | America/Halifax |