Living in Chebeague Island, Maine
Cost of living, income, home prices, rent and demographics of Chebeague Island · Census data 2020–2024
Chebeague Island has 555 residents with a median age of 60.4. The median household income is $67,639 (9% lower than the Maine median), the median home value is $651,400, the median rent is $2,063/month.
Chebeague Island is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Chebeague Island at a glance
- Population
- 555
- Median age
- 60.4State: 44.8
- Median household income
- $67,639State: $74,733
- Median home value
- $651,400State: $296,600
- Median rent
- $2,063/moState: $1,139
- Homeowners
- 70.6%
- Bachelor's degree or higher
- 57.5%
- Average commute
- 22 min
Is Chebeague Island a good place to live?
Pros: An average commute of 22 minutes; unemployment of 1.3%.
Cons: Median household income 9% lower than the Maine median; home values 120% higher than the state median; a poverty rate of 12.5%.
The weather is best in June to September.
Cost of living in Chebeague Island
Housing is the biggest part of the cost of living. In Chebeague Island the median home value is $651,400, 96% higher than the U.S. median. Renters pay a median of $2,063 per month, which is 51% of household income. Homeowners with a mortgage pay $2,135 a month in housing costs.
Chebeague Island median household income
The median household income in Chebeague Island is $67,639 and the income per person is $54,167. 12.5% of residents live below the poverty line (Maine: 10.7%).
Housing in Chebeague Island: homes for sale and rent
- Housing units
- 554
- Owner-occupied
- 70.6%
- Renter-occupied
- 29.4%
- Vacant
- 52.2%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.03
52.2% of homes are vacant most of the year, a sign that Chebeague Island has many vacation and second homes.
Chebeague Island demographics
- Population
- 555
- Median age
- 60.4
- Under 18
- 18.6%
- 65 and older
- 44.3%
- Households
- 265
- Foreign-born
- 3.6%
- Veterans
- 6.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Chebeague Island ›
Education in Chebeague Island
57.5% of adults 25 and older in Chebeague Island have a bachelor's degree or higher (Maine: 36.2%), and 29.7% have a graduate or professional degree.
Jobs and commute in Chebeague Island
- Unemployment rate
- 1.3%State: 3.8%
- Average commute
- 22 minState: 25 min
- Work from home
- 35.5%
- Drive alone
- 48.8%
- Public transit
- 3.7%
- Walk to work
- 1.4%
- Homes with broadband
- 90.6%
Chebeague Island vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Chebeague Island | 555 | $67,639 | $651,400 | $2,063 |
| Cousins Island | 658 | $180,625 | $658,000 | — |
| Yarmouth | 9,053 | $110,216 | $639,700 | $1,693 |
| Long Island | 249 | $91,250 | $551,100 | $2,194 |
| Harpswell | 5,046 | $96,250 | $609,700 | $1,348 |
| Falmouth Foreside | 2,051 | $177,411 | $855,000 | $2,631 |
| Freeport | 8,802 | $107,326 | $508,400 | $1,439 |
| Portland | 68,854 | $79,540 | $489,600 | $1,577 |
| Cumberland Center | 2,790 | $170,125 | $539,500 | — |
More for people moving to Chebeague Island
Chebeague Island ZIP code ›Weather and climate ›Living in Chebeague Island: FAQ
What is the median household income in Chebeague Island, ME?
The median household income in Chebeague Island is $67,639, 9% lower 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 Chebeague Island?
The median home value in Chebeague Island is $651,400, compared with $296,600 in Maine.
How much is rent in Chebeague Island?
The median gross rent in Chebeague Island is $2,063 per month, about 51% of household income.
Is Chebeague Island, ME a good place to live?
Pluses: an average commute of 22 minutes; unemployment of 1.3%. Minuses: median household income 9% lower than the Maine median; home values 120% higher than the state median; a poverty rate of 12.5%.
What is the median age in Chebeague Island?
The median age in Chebeague Island is 60.4 years (Maine: 44.8).
How long is the commute in Chebeague Island?
The average commute to work in Chebeague Island is 22 minutes; 35.5% of workers work from home.
What is the unemployment rate in Chebeague Island?
The unemployment rate in Chebeague Island is 1.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Chebeague Island?
57.5% of adults in Chebeague Island 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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