Living in Industry, Maine

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

Industry has 988 residents with a median age of 40.6. The median household income is $63,056 (16% lower than the Maine median), the median home value is $205,600, the median rent is $1,049/month.

Industry is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Industry at a glance

Population
988
Median age
40.6State: 44.8
Median household income
$63,056State: $74,733
Median home value
$205,600State: $296,600
Median rent
$1,049/moState: $1,139
Homeowners
86%
Bachelor's degree or higher
34.4%
Average commute
41 min

Is Industry a good place to live?

Pros: Home values 31% lower than the state median; a poverty rate of 6.9%.

Cons: Median household income 16% lower than the Maine median; an average commute of 41 minutes; unemployment of 7.1%.

The weather is best in June to September.

Cost of living in Industry

Housing is the biggest part of the cost of living. In Industry the median home value is $205,600, 38% lower than the U.S. median. Renters pay a median of $1,049 per month, which is 32.3% of household income. Homeowners with a mortgage pay $1,415 a month in housing costs.

Median home value

Industry$205,600
Maine$296,600
United States$332,700

Median monthly rent

Industry$1,049
Maine$1,139
United States$1,413

Industry median household income

The median household income in Industry is $63,056 and the income per person is $34,893. 6.9% of residents live below the poverty line (Maine: 10.7%).

Median household income

Industry$63,056
Maine$74,733
United States$80,734

Housing in Industry: homes for sale and rent

Housing units
535
Owner-occupied
86%
Renter-occupied
14%
Vacant
33.1%Includes seasonal homes
Median year built
1974
Average household size
2.72

33.1% of homes are vacant most of the year, a sign that Industry has many vacation and second homes.

Industry demographics

Population
988
Median age
40.6
Under 18
24.4%
65 and older
22.3%
Households
358
Foreign-born
1.1%
Veterans
13%Adults 18+

Race and ethnicity

White93.5%
Hispanic or Latino1.9%
Black0.7%
Asian0%

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

Education in Industry

34.4% of adults 25 and older in Industry have a bachelor's degree or higher (Maine: 36.2%), and 12.3% have a graduate or professional degree.

Bachelor's degree or higher

Industry34.4%
Maine36.2%
United States35.7%

Jobs and commute in Industry

Unemployment rate
7.1%State: 3.8%
Average commute
41 minState: 25 min
Work from home
7.1%
Drive alone
68.1%
Public transit
0%
Walk to work
0.8%
Homes with broadband
83%

Industry vs nearby towns

TownPopulationMedian incomeHome valueRent
Industry988$63,056$205,600$1,049
New Vineyard607$61,806$190,000$925
Starks556$63,500$148,500$1,063
Farmington8,157$54,276$166,600$902
Anson2,331$52,474$117,800$928
New Sharon1,550$63,889$171,200$961
Strong1,249$47,557$183,900$920
Mercer718$71,107$238,500$1,422
New Portland686$74,375$176,000$337

More for people moving to Industry

Industry ZIP code ›Weather and climate ›

Living in Industry: FAQ

What is the median household income in Industry, ME?

The median household income in Industry is $63,056, 16% 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 Industry?

The median home value in Industry is $205,600, compared with $296,600 in Maine.

How much is rent in Industry?

The median gross rent in Industry is $1,049 per month, about 32.3% of household income.

Is Industry, ME a good place to live?

Pluses: home values 31% lower than the state median; a poverty rate of 6.9%. Minuses: median household income 16% lower than the Maine median; an average commute of 41 minutes; unemployment of 7.1%.

What is the median age in Industry?

The median age in Industry is 40.6 years (Maine: 44.8).

How long is the commute in Industry?

The average commute to work in Industry is 41 minutes; 7.1% of workers work from home.

What is the unemployment rate in Industry?

The unemployment rate in Industry is 7.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Industry?

34.4% of adults in Industry 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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