Living in Parsonsfield, Maine
Cost of living, income, home prices, rent and demographics of Parsonsfield · Census data 2020–2024
Parsonsfield has 1,715 residents with a median age of 44.3. The median household income is $72,045 (4% lower than the Maine median), the median home value is $272,100, the median rent is $1,185/month.
Parsonsfield at a glance
- Population
- 1,715
- Median age
- 44.3State: 44.8
- Median household income
- $72,045State: $74,733
- Median home value
- $272,100State: $296,600
- Median rent
- $1,185/moState: $1,139
- Homeowners
- 86.4%
- Bachelor's degree or higher
- 21.8%
- Average commute
- 48 min
Is Parsonsfield a good place to live?
Pros: Home values 8% lower than the state median; unemployment of 2.9%.
Cons: Median household income 4% lower than the Maine median; an average commute of 48 minutes; a poverty rate of 12%.
The weather is best in June to September.
Cost of living in Parsonsfield
Housing is the biggest part of the cost of living. In Parsonsfield the median home value is $272,100, 18% lower than the U.S. median. Renters pay a median of $1,185 per month, which is 51% of household income. Homeowners with a mortgage pay $1,710 a month in housing costs.
Parsonsfield median household income
The median household income in Parsonsfield is $72,045 and the income per person is $32,174. 12% of residents live below the poverty line (Maine: 10.7%).
Housing in Parsonsfield: homes for sale and rent
- Housing units
- 1,081
- Owner-occupied
- 86.4%
- Renter-occupied
- 13.6%
- Vacant
- 33.6%Includes seasonal homes
- Median year built
- 1977
- Average household size
- 2.39
33.6% of homes are vacant most of the year, a sign that Parsonsfield has many vacation and second homes.
Parsonsfield demographics
- Population
- 1,715
- Median age
- 44.3
- Under 18
- 25%
- 65 and older
- 18%
- Households
- 718
- Foreign-born
- 2.9%
- Veterans
- 5.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Parsonsfield ›
Education in Parsonsfield
21.8% of adults 25 and older in Parsonsfield have a bachelor's degree or higher (Maine: 36.2%), and 6% have a graduate or professional degree.
Jobs and commute in Parsonsfield
- Unemployment rate
- 2.9%State: 3.8%
- Average commute
- 48 minState: 25 min
- Work from home
- 5.1%
- Drive alone
- 89.4%
- Public transit
- 0%
- Walk to work
- 0.8%
- Homes with broadband
- 94.3%
Parsonsfield vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Parsonsfield | 1,715 | $72,045 | $272,100 | $1,185 |
| Cornish | 1,803 | $69,038 | $274,200 | $1,196 |
| Kezar Falls | 819 | $58,083 | $234,100 | $1,138 |
| Limerick | 3,400 | $101,172 | $269,400 | $1,758 |
| Newfield | 1,580 | $57,188 | $318,100 | — |
| Effingham | 1,912 | $76,607 | $322,700 | $1,090 |
| Porter | 1,746 | $60,417 | $226,100 | — |
| Hiram | 1,748 | $62,813 | $256,600 | $1,070 |
| Lake Arrowhead | 3,322 | $98,654 | $267,300 | $2,288 |
More for people moving to Parsonsfield
Parsonsfield ZIP code ›Weather and climate ›Living in Parsonsfield: FAQ
What is the median household income in Parsonsfield, ME?
The median household income in Parsonsfield is $72,045, 4% 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 Parsonsfield?
The median home value in Parsonsfield is $272,100, compared with $296,600 in Maine.
How much is rent in Parsonsfield?
The median gross rent in Parsonsfield is $1,185 per month, about 51% of household income.
Is Parsonsfield, ME a good place to live?
Pluses: home values 8% lower than the state median; unemployment of 2.9%. Minuses: median household income 4% lower than the Maine median; an average commute of 48 minutes; a poverty rate of 12%.
What is the median age in Parsonsfield?
The median age in Parsonsfield is 44.3 years (Maine: 44.8).
How long is the commute in Parsonsfield?
The average commute to work in Parsonsfield is 48 minutes; 5.1% of workers work from home.
What is the unemployment rate in Parsonsfield?
The unemployment rate in Parsonsfield is 2.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Parsonsfield?
21.8% of adults in Parsonsfield 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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