Living in Millinocket, Maine
Cost of living, income, home prices, rent and demographics of Millinocket · Census data 2020–2024
Millinocket has 4,115 residents with a median age of 54.2. The median household income is $51,007 (32% lower than the Maine median), the median home value is $103,800, the median rent is $451/month.
Millinocket at a glance
- Population
- 4,115
- Median age
- 54.2State: 44.8
- Median household income
- $51,007State: $74,733
- Median home value
- $103,800State: $296,600
- Median rent
- $451/moState: $1,139
- Homeowners
- 84.1%
- Bachelor's degree or higher
- 18.6%
- Average commute
- 24 min
Is Millinocket a good place to live?
Pros: Home values 65% lower than the state median; an average commute of 24 minutes.
Cons: Median household income 32% lower than the Maine median; unemployment of 6.1%; a poverty rate of 17.1%.
The weather is best in June to September.
Cost of living in Millinocket
Housing is the biggest part of the cost of living. In Millinocket the median home value is $103,800, 69% lower than the U.S. median. Renters pay a median of $451 per month, which is 27% of household income. Homeowners with a mortgage pay $947 a month in housing costs.
Millinocket median household income
The median household income in Millinocket is $51,007 and the income per person is $30,144. 17.1% of residents live below the poverty line (Maine: 10.7%).
Housing in Millinocket: homes for sale and rent
- Housing units
- 2,516
- Owner-occupied
- 84.1%
- Renter-occupied
- 15.9%
- Vacant
- 24.2%Includes seasonal homes
- Median year built
- 1956
- Average household size
- 2.14
Millinocket demographics
- Population
- 4,115
- Median age
- 54.2
- Under 18
- 16.1%
- 65 and older
- 36.2%
- Households
- 1,908
- Foreign-born
- 2.4%
- Veterans
- 7.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Millinocket ›
Education in Millinocket
18.6% of adults 25 and older in Millinocket have a bachelor's degree or higher (Maine: 36.2%), and 5.7% have a graduate or professional degree.
Jobs and commute in Millinocket
- Unemployment rate
- 6.1%State: 3.8%
- Average commute
- 24 minState: 25 min
- Work from home
- 6.6%
- Drive alone
- 78.1%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 85%
Millinocket vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Millinocket | 4,115 | $51,007 | $103,800 | $451 |
| East Millinocket | 1,495 | $42,011 | $86,200 | $449 |
| Medway | 996 | $55,982 | $100,400 | $825 |
| Woodville | 198 | $49,722 | $107,100 | — |
| Chester | 598 | $64,500 | $172,500 | $833 |
| Stacyville | 465 | $54,583 | $101,700 | $880 |
| Mattawamkeag | 698 | $45,000 | $104,200 | $488 |
| Winn | 287 | $36,333 | $95,600 | $850 |
| Sherman | 947 | $49,444 | $115,200 | $672 |
More for people moving to Millinocket
Millinocket ZIP code ›Weather and climate ›Living in Millinocket: FAQ
What is the median household income in Millinocket, ME?
The median household income in Millinocket is $51,007, 32% 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 Millinocket?
The median home value in Millinocket is $103,800, compared with $296,600 in Maine.
How much is rent in Millinocket?
The median gross rent in Millinocket is $451 per month, about 27% of household income.
Is Millinocket, ME a good place to live?
Pluses: home values 65% lower than the state median; an average commute of 24 minutes. Minuses: median household income 32% lower than the Maine median; unemployment of 6.1%; a poverty rate of 17.1%.
What is the median age in Millinocket?
The median age in Millinocket is 54.2 years (Maine: 44.8).
How long is the commute in Millinocket?
The average commute to work in Millinocket is 24 minutes; 6.6% of workers work from home.
What is the unemployment rate in Millinocket?
The unemployment rate in Millinocket is 6.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Millinocket?
18.6% of adults in Millinocket 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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