Living in Islesboro, Maine

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

Islesboro has 636 residents with a median age of 57. The median household income is $88,438 (18% higher than the Maine median), the median home value is $288,800, the median rent is $938/month.

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

Islesboro at a glance

Population
636
Median age
57State: 44.8
Median household income
$88,438State: $74,733
Median home value
$288,800State: $296,600
Median rent
$938/moState: $1,139
Homeowners
91.8%
Bachelor's degree or higher
47.8%
Average commute
8 min

Is Islesboro a good place to live?

Pros: Median household income 18% higher than the Maine median; home values about the same as the state median; an average commute of 8 minutes.

Cons: Unemployment of 14.3%; a poverty rate of 15.1%.

The weather is best in June to September.

Cost of living in Islesboro

Housing is the biggest part of the cost of living. In Islesboro the median home value is $288,800, 13% lower than the U.S. median. Renters pay a median of $938 per month, which is 26.9% of household income. Homeowners with a mortgage pay $1,947 a month in housing costs.

Median home value

Islesboro$288,800
Maine$296,600
United States$332,700

Median monthly rent

Islesboro$938
Maine$1,139
United States$1,413

Islesboro median household income

The median household income in Islesboro is $88,438 and the income per person is $61,249. 15.1% of residents live below the poverty line (Maine: 10.7%).

Median household income

Islesboro$88,438
Maine$74,733
United States$80,734

Housing in Islesboro: homes for sale and rent

Housing units
701
Owner-occupied
91.8%
Renter-occupied
8.2%
Vacant
52.9%Includes seasonal homes
Median year built
1974
Average household size
1.90

52.9% of homes are vacant most of the year, a sign that Islesboro has many vacation and second homes.

Islesboro demographics

Population
636
Median age
57
Under 18
11.2%
65 and older
40.6%
Households
330
Foreign-born
2%
Veterans
3%Adults 18+

Race and ethnicity

White95.8%
Hispanic or Latino0.6%
Black0%
Asian0%

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

Education in Islesboro

47.8% of adults 25 and older in Islesboro have a bachelor's degree or higher (Maine: 36.2%), and 28.6% have a graduate or professional degree.

Bachelor's degree or higher

Islesboro47.8%
Maine36.2%
United States35.7%

Jobs and commute in Islesboro

Unemployment rate
14.3%State: 3.8%
Average commute
8 minState: 25 min
Work from home
20.3%
Drive alone
49.2%
Public transit
0%
Walk to work
8.6%
Homes with broadband
99.1%

Islesboro vs nearby towns

TownPopulationMedian incomeHome valueRent
Islesboro636$88,438$288,800$938
Deer Isle2,470$62,284$308,300$1,909
Northport1,621$73,523$343,400$1,088
Camden5,242$82,344$520,600$1,269
Lincolnville2,396$81,928$367,000$969
North Haven480$87,500$440,200$913
Brooksville853$56,316$390,900$1,307
Rockport3,675$86,979$469,000$1,194
Belfast6,986$67,679$340,900$962

More for people moving to Islesboro

Islesboro ZIP code ›Weather and climate ›

Living in Islesboro: FAQ

What is the median household income in Islesboro, ME?

The median household income in Islesboro is $88,438, 18% 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 Islesboro?

The median home value in Islesboro is $288,800, compared with $296,600 in Maine.

How much is rent in Islesboro?

The median gross rent in Islesboro is $938 per month, about 26.9% of household income.

Is Islesboro, ME a good place to live?

Pluses: median household income 18% higher than the Maine median; home values about the same as the state median; an average commute of 8 minutes. Minuses: unemployment of 14.3%; a poverty rate of 15.1%.

What is the median age in Islesboro?

The median age in Islesboro is 57 years (Maine: 44.8).

How long is the commute in Islesboro?

The average commute to work in Islesboro is 8 minutes; 20.3% of workers work from home.

What is the unemployment rate in Islesboro?

The unemployment rate in Islesboro is 14.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Islesboro?

47.8% of adults in Islesboro 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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