Living in Cape Neddick, Maine
Cost of living, income, home prices, rent and demographics of Cape Neddick · Census data 2020–2024
Cape Neddick has 2,453 residents with a median age of 65.2. The median household income is $108,412 (45% higher than the Maine median), the median home value is $684,400, the median rent is $1,750/month.
Cape Neddick at a glance
- Population
- 2,453
- Median age
- 65.2State: 44.8
- Median household income
- $108,412State: $74,733
- Median home value
- $684,400State: $296,600
- Median rent
- $1,750/moState: $1,139
- Homeowners
- 89.3%
- Bachelor's degree or higher
- 53.2%
- Average commute
- 18 min
Is Cape Neddick a good place to live?
Pros: Median household income 45% higher than the Maine median; an average commute of 18 minutes; unemployment of 1.1%.
Cons: Home values 131% higher than the state median; a poverty rate of 12%.
The weather is best in June to September.
Cost of living in Cape Neddick
Housing is the biggest part of the cost of living. In Cape Neddick the median home value is $684,400, 106% higher than the U.S. median. Renters pay a median of $1,750 per month, which is 43.5% of household income. Homeowners with a mortgage pay $2,775 a month in housing costs.
Cape Neddick median household income
The median household income in Cape Neddick is $108,412 and the income per person is $50,555. 12% of residents live below the poverty line (Maine: 10.7%).
Housing in Cape Neddick: homes for sale and rent
- Housing units
- 3,423
- Owner-occupied
- 89.3%
- Renter-occupied
- 10.7%
- Vacant
- 64%Includes seasonal homes
- Median year built
- 1969
- Average household size
- 1.99
64% of homes are vacant most of the year, a sign that Cape Neddick has many vacation and second homes.
Cape Neddick demographics
- Population
- 2,453
- Median age
- 65.2
- Under 18
- 10.7%
- 65 and older
- 50.7%
- Households
- 1,231
- Foreign-born
- 0.5%
- Veterans
- 11.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Cape Neddick ›
Education in Cape Neddick
53.2% of adults 25 and older in Cape Neddick have a bachelor's degree or higher (Maine: 36.2%), and 17.6% have a graduate or professional degree.
Jobs and commute in Cape Neddick
- Unemployment rate
- 1.1%State: 3.8%
- Average commute
- 18 minState: 25 min
- Work from home
- 35%
- Drive alone
- 58.5%
- Public transit
- 0%
- Walk to work
- 5.9%
- Homes with broadband
- 89.6%
Cape Neddick vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cape Neddick | 2,453 | $108,412 | $684,400 | $1,750 |
| York | 13,986 | $121,250 | $636,400 | $1,490 |
| York Harbor | 4,240 | $100,625 | $627,700 | $1,322 |
| Ogunquit | 1,379 | $114,259 | $875,700 | — |
| Kittery Point | 935 | $141,086 | $481,700 | $1,791 |
| South Berwick | 7,670 | $99,572 | $428,300 | $1,726 |
| Eliot | 7,146 | $101,522 | $498,900 | $1,948 |
| Kittery | 5,110 | $84,730 | $461,400 | $1,697 |
| South Eliot | 4,203 | $99,299 | $475,600 | $2,155 |
More for people moving to Cape Neddick
Cape Neddick ZIP code ›Weather and climate ›Living in Cape Neddick: FAQ
What is the median household income in Cape Neddick, ME?
The median household income in Cape Neddick is $108,412, 45% 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 Cape Neddick?
The median home value in Cape Neddick is $684,400, compared with $296,600 in Maine.
How much is rent in Cape Neddick?
The median gross rent in Cape Neddick is $1,750 per month, about 43.5% of household income.
Is Cape Neddick, ME a good place to live?
Pluses: median household income 45% higher than the Maine median; an average commute of 18 minutes; unemployment of 1.1%. Minuses: home values 131% higher than the state median; a poverty rate of 12%.
What is the median age in Cape Neddick?
The median age in Cape Neddick is 65.2 years (Maine: 44.8).
How long is the commute in Cape Neddick?
The average commute to work in Cape Neddick is 18 minutes; 35% of workers work from home.
What is the unemployment rate in Cape Neddick?
The unemployment rate in Cape Neddick is 1.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cape Neddick?
53.2% of adults in Cape Neddick 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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