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Newcastle, ME

Full City Profile · Maine · Knox County County

3.3 /5.0
B Good
621 Population 286/sq mi density
$76,389 Median Income $42,691 per capita
$417,700 Home Value $443,748 Zillow
$1,042 Median Rent 24.5% income on rent
47°F Avg Temperature 251 sunny days/yr
226 Violent Crime/100K 3,442 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$76,389 median income, 0.7% unemployment
B+
Affordability
3.6 / 5.0
$417,700 home value, $1,042/mo rent
F
Safety
1.0 / 5.0
226 violent crimes/100K
B+
Education
4.0 / 5.0
37.0% bachelor's degree or higher

Housing Overview

Median Home Value
$417,700
48% above
US avg: $281,900
Median Rent
$1,042/mo
10% below
US avg: $1,163/mo
Homeownership Rate
74.8%
14% above US avg (65.4%)
Total Housing Units
353
Median year built: 1983

Home Value by Source

Census Median
$417,700
Zillow (ZHVI)
$443,748
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

74.8%
Owner-Occupied
25.2%
Renter-Occupied
75%
25%
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: $1,042/mo

Affordability & Housing Stock

Rent Burden
24.5%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
74.8%

Complete Housing Data

Home Values

Census Median Value$417,700
Zillow Home Value (ZHVI)$443,748

Rent

Census Median Rent$1,042
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-Occupied74.8%
Renter-Occupied25.2%
Homeownership Rate74.8%
Total Housing Units353
Median Year Built1983
Rent Burden24.5%