Living in Dedham, Maine

Cost of living, income, home prices, rent and demographics of Dedham · Census data 2020–2024

Dedham has 1,656 residents with a median age of 46.5. The median household income is $111,442 (49% higher than the Maine median), the median home value is $356,400, the median rent is $1,422/month.

Dedham at a glance

Population
1,656
Median age
46.5State: 44.8
Median household income
$111,442State: $74,733
Median home value
$356,400State: $296,600
Median rent
$1,422/moState: $1,139
Homeowners
95.5%
Bachelor's degree or higher
49.5%
Average commute
30 min

Is Dedham a good place to live?

Pros: Median household income 49% higher than the Maine median; unemployment of 3.5%; a poverty rate of 9%.

Cons: Home values 20% higher than the state median; an average commute of 30 minutes.

The weather is best in June to September.

Cost of living in Dedham

Housing is the biggest part of the cost of living. In Dedham the median home value is $356,400, 7% higher than the U.S. median. Renters pay a median of $1,422 per month, which is 19.7% of household income. Homeowners with a mortgage pay $1,990 a month in housing costs.

Median home value

Dedham$356,400
Maine$296,600
United States$332,700

Median monthly rent

Dedham$1,422
Maine$1,139
United States$1,413

Dedham median household income

The median household income in Dedham is $111,442 and the income per person is $64,648. 9% of residents live below the poverty line (Maine: 10.7%).

Median household income

Dedham$111,442
Maine$74,733
United States$80,734

Housing in Dedham: homes for sale and rent

Housing units
1,162
Owner-occupied
95.5%
Renter-occupied
4.5%
Vacant
44.7%Includes seasonal homes
Median year built
1983
Average household size
2.58

44.7% of homes are vacant most of the year, a sign that Dedham has many vacation and second homes.

Dedham demographics

Population
1,656
Median age
46.5
Under 18
23.8%
65 and older
18.7%
Households
643
Foreign-born
4.2%
Veterans
7.7%Adults 18+

Race and ethnicity

White89.5%
Hispanic or Latino0.7%
Black0%
Asian3.8%

Hispanic or Latino can be of any race. Population history of Dedham ›

Education in Dedham

49.5% of adults 25 and older in Dedham have a bachelor's degree or higher (Maine: 36.2%), and 16.7% have a graduate or professional degree.

Bachelor's degree or higher

Dedham49.5%
Maine36.2%
United States35.7%

Jobs and commute in Dedham

Unemployment rate
3.5%State: 3.8%
Average commute
30 minState: 25 min
Work from home
9.3%
Drive alone
82.9%
Public transit
0%
Walk to work
0.4%
Homes with broadband
97.7%

Dedham vs nearby towns

TownPopulationMedian incomeHome valueRent
Dedham1,656$111,442$356,400$1,422
Otis705$101,250$282,500$1,563
Holden3,352$92,200$289,400—
Clifton1,111$70,313$202,500$1,217
Mariaville724$66,027$215,400$1,169
Eddington2,223$75,350$268,000$1,127
Ellsworth8,657$77,375$242,300$1,017
Orrington3,853$94,556$309,000$1,167
Orland1,915$69,348$277,100$1,149

More for people moving to Dedham

Dedham ZIP code ›Weather and climate ›

Living in Dedham: FAQ

What is the median household income in Dedham, ME?

The median household income in Dedham is $111,442, 49% 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 Dedham?

The median home value in Dedham is $356,400, compared with $296,600 in Maine.

How much is rent in Dedham?

The median gross rent in Dedham is $1,422 per month, about 19.7% of household income.

Is Dedham, ME a good place to live?

Pluses: median household income 49% higher than the Maine median; unemployment of 3.5%; a poverty rate of 9%. Minuses: home values 20% higher than the state median; an average commute of 30 minutes.

What is the median age in Dedham?

The median age in Dedham is 46.5 years (Maine: 44.8).

How long is the commute in Dedham?

The average commute to work in Dedham is 30 minutes; 9.3% of workers work from home.

What is the unemployment rate in Dedham?

The unemployment rate in Dedham is 3.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Dedham?

49.5% of adults in Dedham 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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