Living in Rangeley, Maine

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

Rangeley has 792 residents with a median age of 64.3. The median household income is $58,243 (22% lower than the Maine median), the median home value is $424,700, the median rent is $671/month.

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

Rangeley at a glance

Population
792
Median age
64.3State: 44.8
Median household income
$58,243State: $74,733
Median home value
$424,700State: $296,600
Median rent
$671/moState: $1,139
Homeowners
72.6%
Bachelor's degree or higher
33.6%
Average commute
41 min

Is Rangeley a good place to live?

Pros: A poverty rate of 1.8%.

Cons: Median household income 22% lower than the Maine median; home values 43% higher than the state median; an average commute of 41 minutes; unemployment of 19.4%.

The weather is best in June to September.

Cost of living in Rangeley

Housing is the biggest part of the cost of living. In Rangeley the median home value is $424,700, 28% higher than the U.S. median. Renters pay a median of $671 per month, which is 42.5% of household income. Homeowners with a mortgage pay $1,623 a month in housing costs.

Median home value

Rangeley$424,700
Maine$296,600
United States$332,700

Median monthly rent

Rangeley$671
Maine$1,139
United States$1,413

Rangeley median household income

The median household income in Rangeley is $58,243 and the income per person is $50,599. 1.8% of residents live below the poverty line (Maine: 10.7%).

Median household income

Rangeley$58,243
Maine$74,733
United States$80,734

Housing in Rangeley: homes for sale and rent

Housing units
1,740
Owner-occupied
72.6%
Renter-occupied
27.4%
Vacant
72.1%Includes seasonal homes
Median year built
1969
Average household size
1.63

72.1% of homes are vacant most of the year, a sign that Rangeley has many vacation and second homes.

Rangeley demographics

Population
792
Median age
64.3
Under 18
3.9%
65 and older
49.1%
Households
486
Foreign-born
0.9%
Veterans
22.3%Adults 18+

Race and ethnicity

White98.5%
Hispanic or Latino0%
Black0%
Asian1.5%

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

Education in Rangeley

33.6% of adults 25 and older in Rangeley have a bachelor's degree or higher (Maine: 36.2%), and 19.8% have a graduate or professional degree.

Bachelor's degree or higher

Rangeley33.6%
Maine36.2%
United States35.7%

Jobs and commute in Rangeley

Unemployment rate
19.4%State: 3.8%
Average commute
41 minState: 25 min
Work from home
4.1%
Drive alone
80%
Public transit
0%
Walk to work
3.4%
Homes with broadband
79.6%

Rangeley vs nearby towns

TownPopulationMedian incomeHome valueRent
Rangeley792$58,243$424,700$671
Dallas220$77,500——
Eustis453$32,118$262,200$916
Byron174$90,417$122,700—
Phillips1,094$45,385$190,800$483
Roxbury352$51,667$105,800—
Carrabassett Valley637$88,750$343,600—
Weld459$62,083$268,600—
Errol314$62,500$275,000—

More for people moving to Rangeley

Rangeley ZIP code ›Weather and climate ›

Living in Rangeley: FAQ

What is the median household income in Rangeley, ME?

The median household income in Rangeley is $58,243, 22% 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 Rangeley?

The median home value in Rangeley is $424,700, compared with $296,600 in Maine.

How much is rent in Rangeley?

The median gross rent in Rangeley is $671 per month, about 42.5% of household income.

Is Rangeley, ME a good place to live?

Pluses: a poverty rate of 1.8%. Minuses: median household income 22% lower than the Maine median; home values 43% higher than the state median; an average commute of 41 minutes; unemployment of 19.4%.

What is the median age in Rangeley?

The median age in Rangeley is 64.3 years (Maine: 44.8).

How long is the commute in Rangeley?

The average commute to work in Rangeley is 41 minutes; 4.1% of workers work from home.

What is the unemployment rate in Rangeley?

The unemployment rate in Rangeley is 19.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Rangeley?

33.6% of adults in Rangeley 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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