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Old Town, ME
Full City Profile · Maine · Hancock County County
3.3
/5.0
B
Good
7,439
Population
192/sq mi density
$49,329
Median Income
$33,812 per capita
$183,200
Home Value
$240,504 Zillow
$1,014
Median Rent
32.1% income on rent
43°F
Avg Temperature
251 sunny days/yr
108
Violent Crime/100K
998 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$49,329 median income, 1.5% unemployment
A+
Affordability
4.6 / 5.0
$183,200 home value, $1,014/mo rent
F
Safety
1.0 / 5.0
108 violent crimes/100K
A
Education
4.1 / 5.0
38.3% bachelor's degree or higher
Income Overview
Median Household Income
$49,329
34% below
US avg: $75,149
Per Capita Income
$33,812
13% below
US avg: $39,052
Unemployment Rate
1.5%
58% below
US avg: 3.6%
Poverty Rate
10.0%
19% below
US avg: 12.4%
Income Comparison: Old Town vs. U.S. Average
Each bar shows Old Town’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$49,329
66%
Per Capita
US: $39,052
$33,812
87%
IRS Avg AGI
US: $72,000
$72,602
101%
Avg Weekly Wage
US: $1,432
$1,034
72%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,034
28% below US avg ($1,432)
Mean Commute Time
19 min
31% below US avg (28 min)
Work From Home
20.6%
36% above US avg (15.2%)
Drive Alone
67.8%
7% below US avg (73.2%)
Public Transit
0.4%
92% below US avg (5.0%)
County GDP
$3,681M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
67.8%
Public Transit
0.4%
Work From Home
20.6%
Other
11.2%
Average commute time
19 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,980
Restaurants
352
Healthcare
168
Retail
342
Manufacturing
85
Tax & Financial
IRS Avg Adjusted Gross Income
$72,602
1% above US avg ($72,000)
Avg Property Tax
$6,825
95% 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 | $49,329 |
| Per Capita Income | $33,812 |
| IRS Avg Adjusted Gross Income | $72,602 |
| Avg Weekly Wage | $1,034 |
| County GDP | $3,681M |
Hardship Indicators
| Unemployment Rate | 1.5% |
| Poverty Rate | 10.0% |
| Gini Coefficient | 0.451 |
| Cost of Living Index | 97.1 |
Commute
| Mean Commute | 19 minutes |
| Drive Alone | 67.8% |
| Public Transit | 0.4% |
| Work From Home | 20.6% |
Businesses
| Total Establishments | 2,980 |
| Restaurants | 352 |
| Healthcare | 168 |
| Retail | 342 |
| Manufacturing | 85 |
Tax
| IRS Avg AGI | $72,602 |
| Avg Property Tax | $6,825 |