Living in Gouldsboro, Maine

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

Gouldsboro has 1,615 residents with a median age of 60.2. The median household income is $60,873 (19% lower than the Maine median), the median home value is $276,800, the median rent is $1,298/month.

Gouldsboro at a glance

Population
1,615
Median age
60.2State: 44.8
Median household income
$60,873State: $74,733
Median home value
$276,800State: $296,600
Median rent
$1,298/moState: $1,139
Homeowners
82.7%
Bachelor's degree or higher
30.4%
Average commute
36 min

Is Gouldsboro a good place to live?

Pros: Home values 7% lower than the state median; unemployment of 0%; a poverty rate of 7.2%.

Cons: Median household income 19% lower than the Maine median; an average commute of 36 minutes.

The weather is best in June to September.

Cost of living in Gouldsboro

Housing is the biggest part of the cost of living. In Gouldsboro the median home value is $276,800, 17% lower than the U.S. median. Renters pay a median of $1,298 per month, which is 41.7% of household income. Homeowners with a mortgage pay $1,229 a month in housing costs.

Median home value

Gouldsboro$276,800
Maine$296,600
United States$332,700

Median monthly rent

Gouldsboro$1,298
Maine$1,139
United States$1,413

Gouldsboro median household income

The median household income in Gouldsboro is $60,873 and the income per person is $37,358. 7.2% of residents live below the poverty line (Maine: 10.7%).

Median household income

Gouldsboro$60,873
Maine$74,733
United States$80,734

Housing in Gouldsboro: homes for sale and rent

Housing units
1,376
Owner-occupied
82.7%
Renter-occupied
17.3%
Vacant
40.3%Includes seasonal homes
Median year built
1986
Average household size
1.96

40.3% of homes are vacant most of the year, a sign that Gouldsboro has many vacation and second homes.

Gouldsboro demographics

Population
1,615
Median age
60.2
Under 18
12.9%
65 and older
38.8%
Households
822
Foreign-born
6.9%
Veterans
14.2%Adults 18+

Race and ethnicity

White98.2%
Hispanic or Latino0.4%
Black0%
Asian0%

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

Education in Gouldsboro

30.4% of adults 25 and older in Gouldsboro have a bachelor's degree or higher (Maine: 36.2%), and 11.8% have a graduate or professional degree.

Bachelor's degree or higher

Gouldsboro30.4%
Maine36.2%
United States35.7%

Jobs and commute in Gouldsboro

Unemployment rate
0%State: 3.8%
Average commute
36 minState: 25 min
Work from home
15.8%
Drive alone
70.5%
Public transit
0%
Walk to work
0%
Homes with broadband
92.6%

Gouldsboro vs nearby towns

TownPopulationMedian incomeHome valueRent
Gouldsboro1,615$60,873$276,800$1,298
Sorrento345$83,438$298,800$1,696
Winter Harbor493$86,250$210,500$818
Steuben1,388$76,466$173,900$678
Sullivan1,246$59,643$222,000$883
Bar Harbor5,244$77,180$538,400$1,106
Milbridge1,222$60,536$240,400$619
Hancock2,518$72,285$276,800$1,171
Lamoine1,782$88,542$324,800$1,174

More for people moving to Gouldsboro

Gouldsboro ZIP code ›Weather and climate ›

Living in Gouldsboro: FAQ

What is the median household income in Gouldsboro, ME?

The median household income in Gouldsboro is $60,873, 19% 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 Gouldsboro?

The median home value in Gouldsboro is $276,800, compared with $296,600 in Maine.

How much is rent in Gouldsboro?

The median gross rent in Gouldsboro is $1,298 per month, about 41.7% of household income.

Is Gouldsboro, ME a good place to live?

Pluses: home values 7% lower than the state median; unemployment of 0%; a poverty rate of 7.2%. Minuses: median household income 19% lower than the Maine median; an average commute of 36 minutes.

What is the median age in Gouldsboro?

The median age in Gouldsboro is 60.2 years (Maine: 44.8).

How long is the commute in Gouldsboro?

The average commute to work in Gouldsboro is 36 minutes; 15.8% of workers work from home.

What is the unemployment rate in Gouldsboro?

The unemployment rate in Gouldsboro is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Gouldsboro?

30.4% of adults in Gouldsboro 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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