Living in Alfred, Maine
Cost of living, income, home prices, rent and demographics of Alfred · Census data 2020–2024
Alfred has 3,125 residents with a median age of 44.9. The median household income is $82,321 (10% higher than the Maine median), the median home value is $342,300, the median rent is $1,035/month.
Alfred at a glance
- Population
- 3,125
- Median age
- 44.9State: 44.8
- Median household income
- $82,321State: $74,733
- Median home value
- $342,300State: $296,600
- Median rent
- $1,035/moState: $1,139
- Homeowners
- 82.1%
- Bachelor's degree or higher
- 25.7%
- Average commute
- 28 min
Is Alfred a good place to live?
Pros: Median household income 10% higher than the Maine median; unemployment of 2%; a poverty rate of 9%.
Cons: Home values 15% higher than the state median; an average commute of 28 minutes.
The weather is best in June to September.
Cost of living in Alfred
Housing is the biggest part of the cost of living. In Alfred the median home value is $342,300, about the same as the U.S. median. Renters pay a median of $1,035 per month, which is 34.1% of household income. Homeowners with a mortgage pay $1,951 a month in housing costs.
Alfred median household income
The median household income in Alfred is $82,321 and the income per person is $41,432. 9% of residents live below the poverty line (Maine: 10.7%).
Housing in Alfred: homes for sale and rent
- Housing units
- 1,400
- Owner-occupied
- 82.1%
- Renter-occupied
- 17.9%
- Vacant
- 13.2%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 2.37
Alfred demographics
- Population
- 3,125
- Median age
- 44.9
- Under 18
- 17.7%
- 65 and older
- 25.4%
- Households
- 1,215
- Foreign-born
- 3.4%
- Veterans
- 7%Adults 18+
Hispanic or Latino can be of any race. Population history of Alfred ›
Education in Alfred
25.7% of adults 25 and older in Alfred have a bachelor's degree or higher (Maine: 36.2%), and 14% have a graduate or professional degree.
Jobs and commute in Alfred
- Unemployment rate
- 2%State: 3.8%
- Average commute
- 28 minState: 25 min
- Work from home
- 7.6%
- Drive alone
- 91.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 96%
Alfred vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Alfred | 3,125 | $82,321 | $342,300 | $1,035 |
| Sanford | 22,247 | $72,524 | $280,200 | $1,152 |
| Lyman | 4,612 | $87,284 | $360,400 | $1,063 |
| Shapleigh | 2,976 | $88,140 | $356,000 | $1,349 |
| Waterboro | 8,055 | $89,392 | $297,000 | $1,200 |
| West Kennebunk | 1,395 | $124,167 | $554,100 | $1,602 |
| North Berwick | 5,129 | $101,875 | $428,500 | $1,105 |
| Dayton | 2,313 | $113,750 | $398,200 | $1,215 |
| Arundel | 4,418 | $101,597 | $421,300 | $1,607 |
More for people moving to Alfred
Alfred ZIP code ›Weather and climate ›Living in Alfred: FAQ
What is the median household income in Alfred, ME?
The median household income in Alfred is $82,321, 10% higher than the Maine median of $74,733 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Alfred?
The median home value in Alfred is $342,300, compared with $296,600 in Maine.
How much is rent in Alfred?
The median gross rent in Alfred is $1,035 per month, about 34.1% of household income.
Is Alfred, ME a good place to live?
Pluses: median household income 10% higher than the Maine median; unemployment of 2%; a poverty rate of 9%. Minuses: home values 15% higher than the state median; an average commute of 28 minutes.
What is the median age in Alfred?
The median age in Alfred is 44.9 years (Maine: 44.8).
How long is the commute in Alfred?
The average commute to work in Alfred is 28 minutes; 7.6% of workers work from home.
What is the unemployment rate in Alfred?
The unemployment rate in Alfred is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Alfred?
25.7% of adults in Alfred have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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