Living in Manchester, Maine
Cost of living, income, home prices, rent and demographics of Manchester · Census data 2020–2024
Manchester has 2,424 residents with a median age of 46.9. The median household income is $92,031 (23% higher than the Maine median), the median home value is $299,600, the median rent is $993/month.
Manchester at a glance
- Population
- 2,424
- Median age
- 46.9State: 44.8
- Median household income
- $92,031State: $74,733
- Median home value
- $299,600State: $296,600
- Median rent
- $993/moState: $1,139
- Homeowners
- 85%
- Bachelor's degree or higher
- 47.5%
- Average commute
- 20 min
Is Manchester a good place to live?
Pros: Median household income 23% higher than the Maine median; an average commute of 20 minutes; unemployment of 2.5%; a poverty rate of 4.5%.
Cons: Home values about the same as the state median.
The weather is best in June to September.
Cost of living in Manchester
Housing is the biggest part of the cost of living. In Manchester the median home value is $299,600, 10% lower than the U.S. median. Renters pay a median of $993 per month, which is 21.9% of household income. Homeowners with a mortgage pay $1,747 a month in housing costs.
Manchester median household income
The median household income in Manchester is $92,031 and the income per person is $41,198. 4.5% of residents live below the poverty line (Maine: 10.7%).
Housing in Manchester: homes for sale and rent
- Housing units
- 1,175
- Owner-occupied
- 85%
- Renter-occupied
- 15%
- Vacant
- 16.3%Includes seasonal homes
- Median year built
- 1977
- Average household size
- 2.46
Manchester demographics
- Population
- 2,424
- Median age
- 46.9
- Under 18
- 19%
- 65 and older
- 22.6%
- Households
- 983
- Foreign-born
- 2.6%
- Veterans
- 8.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Manchester ›
Education in Manchester
47.5% of adults 25 and older in Manchester have a bachelor's degree or higher (Maine: 36.2%), and 19.6% have a graduate or professional degree.
Jobs and commute in Manchester
- Unemployment rate
- 2.5%State: 3.8%
- Average commute
- 20 minState: 25 min
- Work from home
- 11.9%
- Drive alone
- 79%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 93.2%
Manchester vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Manchester | 2,424 | $92,031 | $299,600 | $993 |
| Hallowell | 2,592 | $68,398 | $295,300 | $890 |
| Readfield | 2,651 | $86,504 | $326,400 | $1,125 |
| Winthrop | 6,191 | $86,470 | $294,800 | $892 |
| Farmingdale | 3,017 | $71,635 | $249,700 | $911 |
| Augusta | 19,077 | $47,979 | $201,000 | $919 |
| West Gardiner | 3,696 | $96,172 | $305,100 | $1,087 |
| Chelsea | 2,823 | $85,471 | $182,300 | $1,373 |
| Sidney | 4,790 | $83,488 | $336,200 | $1,340 |
More for people moving to Manchester
Manchester ZIP code ›Weather and climate ›Living in Manchester: FAQ
What is the median household income in Manchester, ME?
The median household income in Manchester is $92,031, 23% 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 Manchester?
The median home value in Manchester is $299,600, compared with $296,600 in Maine.
How much is rent in Manchester?
The median gross rent in Manchester is $993 per month, about 21.9% of household income.
Is Manchester, ME a good place to live?
Pluses: median household income 23% higher than the Maine median; an average commute of 20 minutes; unemployment of 2.5%; a poverty rate of 4.5%. Minuses: home values about the same as the state median.
What is the median age in Manchester?
The median age in Manchester is 46.9 years (Maine: 44.8).
How long is the commute in Manchester?
The average commute to work in Manchester is 20 minutes; 11.9% of workers work from home.
What is the unemployment rate in Manchester?
The unemployment rate in Manchester is 2.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Manchester?
47.5% of adults in Manchester 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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