Living in Freeport, Maine
Cost of living, income, home prices, rent and demographics of Freeport · Census data 2020–2024
Freeport has 8,802 residents with a median age of 48.8. The median household income is $107,326 (44% higher than the Maine median), the median home value is $508,400, the median rent is $1,439/month.
Freeport at a glance
- Population
- 8,802
- Median age
- 48.8State: 44.8
- Median household income
- $107,326State: $74,733
- Median home value
- $508,400State: $296,600
- Median rent
- $1,439/moState: $1,139
- Homeowners
- 77.6%
- Bachelor's degree or higher
- 59.6%
- Average commute
- 24 min
Is Freeport a good place to live?
Pros: Median household income 44% higher than the Maine median; an average commute of 24 minutes; a poverty rate of 8.5%.
Cons: Home values 71% higher than the state median; unemployment of 4.8%.
The weather is best in June to September.
Cost of living in Freeport
Housing is the biggest part of the cost of living. In Freeport the median home value is $508,400, 53% higher than the U.S. median. Renters pay a median of $1,439 per month, which is 40.5% of household income. Homeowners with a mortgage pay $2,141 a month in housing costs.
Freeport median household income
The median household income in Freeport is $107,326 and the income per person is $60,370. 8.5% of residents live below the poverty line (Maine: 10.7%).
Housing in Freeport: homes for sale and rent
- Housing units
- 4,249
- Owner-occupied
- 77.6%
- Renter-occupied
- 22.4%
- Vacant
- 11.4%Includes seasonal homes
- Median year built
- 1984
- Average household size
- 2.29
Freeport demographics
- Population
- 8,802
- Median age
- 48.8
- Under 18
- 19.4%
- 65 and older
- 26.7%
- Households
- 3,765
- Foreign-born
- 3.8%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Freeport ›
Education in Freeport
59.6% of adults 25 and older in Freeport have a bachelor's degree or higher (Maine: 36.2%), and 26.5% have a graduate or professional degree.
Jobs and commute in Freeport
- Unemployment rate
- 4.8%State: 3.8%
- Average commute
- 24 minState: 25 min
- Work from home
- 21.2%
- Drive alone
- 60%
- Public transit
- 0.8%
- Walk to work
- 4.1%
- Homes with broadband
- 96.5%
Freeport vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Freeport | 8,802 | $107,326 | $508,400 | $1,439 |
| Yarmouth | 9,053 | $110,216 | $639,700 | $1,693 |
| Pownal | 1,696 | $104,333 | $436,800 | $981 |
| Cousins Island | 658 | $180,625 | $658,000 | — |
| Brunswick | 22,336 | $74,952 | $376,300 | $1,469 |
| North Yarmouth | 4,240 | $129,267 | $496,500 | $1,708 |
| Chebeague Island | 555 | $67,639 | $651,400 | $2,063 |
| Durham | 4,262 | $99,181 | $322,200 | — |
| Cumberland Center | 2,790 | $170,125 | $539,500 | — |
More for people moving to Freeport
Freeport ZIP code ›Weather and climate ›Living in Freeport: FAQ
What is the median household income in Freeport, ME?
The median household income in Freeport is $107,326, 44% 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 Freeport?
The median home value in Freeport is $508,400, compared with $296,600 in Maine.
How much is rent in Freeport?
The median gross rent in Freeport is $1,439 per month, about 40.5% of household income.
Is Freeport, ME a good place to live?
Pluses: median household income 44% higher than the Maine median; an average commute of 24 minutes; a poverty rate of 8.5%. Minuses: home values 71% higher than the state median; unemployment of 4.8%.
What is the median age in Freeport?
The median age in Freeport is 48.8 years (Maine: 44.8).
How long is the commute in Freeport?
The average commute to work in Freeport is 24 minutes; 21.2% of workers work from home.
What is the unemployment rate in Freeport?
The unemployment rate in Freeport is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Freeport?
59.6% of adults in Freeport 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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