Southwest Harbor, ME

Full City Profile · Maine · Hancock County County

2.3 /5.0
C Fair
563 Population 417/sq mi density
$31,518 Median Income $26,970 per capita
$407,700 Home Value $637,764 Zillow
$903 Median Rent 33.3% income on rent
47°F Avg Temperature
C
Overall
2.3 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$31,518 median income, 21.5% unemployment
F
Affordability
1.0 / 5.0
$407,700 home value, $903/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B
Education
3.2 / 5.0
27.9% bachelor's degree or higher

Housing Overview

Median Home Value
$407,700
45% above
US avg: $281,900
Median Rent
$903/mo
22% below
US avg: $1,163/mo
Homeownership Rate
26.1%
60% below US avg (65.4%)
Total Housing Units
637
Median year built: 1970

Home Value by Source

Census Median
$407,700
Zillow (ZHVI)
$637,764
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

26.1%
Owner-Occupied
73.9%
Renter-Occupied
26%
74%
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: $903/mo

Affordability & Housing Stock

Rent Burden
33.3%
of renters spending 30%+ of income on housing
7% above US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
26.1%

Complete Housing Data

Home Values

Census Median Value$407,700
Zillow Home Value (ZHVI)$637,764

Rent

Census Median Rent$903
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-Occupied26.1%
Renter-Occupied73.9%
Homeownership Rate26.1%
Total Housing Units637
Median Year Built1970
Rent Burden33.3%