Living in Parkman, Maine
Cost of living, income, home prices, rent and demographics of Parkman · Census data 2020–2024
Parkman has 896 residents with a median age of 51.7. The median household income is $54,231 (27% lower than the Maine median), the median home value is $168,900.
Parkman is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Parkman at a glance
- Population
- 896
- Median age
- 51.7State: 44.8
- Median household income
- $54,231State: $74,733
- Median home value
- $168,900State: $296,600
- Homeowners
- 76%
- Bachelor's degree or higher
- 21.5%
- Average commute
- 30 min
Is Parkman a good place to live?
Pros: Home values 43% lower than the state median; unemployment of 0.3%.
Cons: Median household income 27% lower than the Maine median; an average commute of 30 minutes; a poverty rate of 13.3%.
The weather is best in June to September.
Cost of living in Parkman
Housing is the biggest part of the cost of living. In Parkman the median home value is $168,900, 49% lower than the U.S. median. Renters pay a median of — per month, which is 18.4% of household income. Homeowners with a mortgage pay $1,535 a month in housing costs.
Parkman median household income
The median household income in Parkman is $54,231 and the income per person is $31,836. 13.3% of residents live below the poverty line (Maine: 10.7%).
Housing in Parkman: homes for sale and rent
- Housing units
- 564
- Owner-occupied
- 76%
- Renter-occupied
- 24%
- Vacant
- 23.8%Includes seasonal homes
- Median year built
- 1984
- Average household size
- 2.08
Parkman demographics
- Population
- 896
- Median age
- 51.7
- Under 18
- 19.4%
- 65 and older
- 19.9%
- Households
- 430
- Foreign-born
- 2%
- Veterans
- 8%Adults 18+
Hispanic or Latino can be of any race. Population history of Parkman ›
Education in Parkman
21.5% of adults 25 and older in Parkman have a bachelor's degree or higher (Maine: 36.2%), and 4.8% have a graduate or professional degree.
Jobs and commute in Parkman
- Unemployment rate
- 0.3%State: 3.8%
- Average commute
- 30 minState: 25 min
- Work from home
- 7.7%
- Drive alone
- 75.4%
- Public transit
- 0%
- Walk to work
- 6.9%
- Homes with broadband
- 90%
Parkman vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Parkman | 896 | $54,231 | $168,900 | — |
| Cambridge | 532 | $63,194 | $214,900 | — |
| Sangerville | 1,136 | $50,313 | $124,000 | $850 |
| Abbot | 584 | $58,542 | $171,200 | $1,111 |
| Ripley | 436 | $64,821 | $144,300 | $1,091 |
| Guilford | 1,096 | $53,173 | $170,100 | $507 |
| Wellington | 161 | $44,519 | $133,700 | — |
| Dexter | 3,822 | $51,845 | $170,600 | $838 |
| Harmony | 974 | $54,063 | $202,700 | — |
More for people moving to Parkman
Parkman ZIP code ›Weather and climate ›Living in Parkman: FAQ
What is the median household income in Parkman, ME?
The median household income in Parkman is $54,231, 27% 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 Parkman?
The median home value in Parkman is $168,900, compared with $296,600 in Maine.
Is Parkman, ME a good place to live?
Pluses: home values 43% lower than the state median; unemployment of 0.3%. Minuses: median household income 27% lower than the Maine median; an average commute of 30 minutes; a poverty rate of 13.3%.
What is the median age in Parkman?
The median age in Parkman is 51.7 years (Maine: 44.8).
How long is the commute in Parkman?
The average commute to work in Parkman is 30 minutes; 7.7% of workers work from home.
What is the unemployment rate in Parkman?
The unemployment rate in Parkman is 0.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Parkman?
21.5% of adults in Parkman 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.
Last updated: