Living in Searsmont, Maine
Cost of living, income, home prices, rent and demographics of Searsmont · Census data 2020–2024
Searsmont has 1,646 residents with a median age of 44.5. The median household income is $87,000 (16% higher than the Maine median), the median home value is $284,000, the median rent is $940/month.
Searsmont at a glance
- Population
- 1,646
- Median age
- 44.5State: 44.8
- Median household income
- $87,000State: $74,733
- Median home value
- $284,000State: $296,600
- Median rent
- $940/moState: $1,139
- Homeowners
- 90.6%
- Bachelor's degree or higher
- 31.6%
- Average commute
- 25 min
Is Searsmont a good place to live?
Pros: Median household income 16% higher than the Maine median; home values 4% lower than the state median; an average commute of 25 minutes; unemployment of 3.4%; a poverty rate of 6.6%.
The weather is best in June to September.
Cost of living in Searsmont
Housing is the biggest part of the cost of living. In Searsmont the median home value is $284,000, 15% lower than the U.S. median. Renters pay a median of $940 per month, which is 24.4% of household income. Homeowners with a mortgage pay $1,602 a month in housing costs.
Searsmont median household income
The median household income in Searsmont is $87,000 and the income per person is $40,479. 6.6% of residents live below the poverty line (Maine: 10.7%).
Housing in Searsmont: homes for sale and rent
- Housing units
- 798
- Owner-occupied
- 90.6%
- Renter-occupied
- 9.4%
- Vacant
- 17.3%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 2.49
Searsmont demographics
- Population
- 1,646
- Median age
- 44.5
- Under 18
- 13.9%
- 65 and older
- 21%
- Households
- 660
- Foreign-born
- 1.5%
- Veterans
- 5.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Searsmont ›
Education in Searsmont
31.6% of adults 25 and older in Searsmont have a bachelor's degree or higher (Maine: 36.2%), and 11.1% have a graduate or professional degree.
Jobs and commute in Searsmont
- Unemployment rate
- 3.4%State: 3.8%
- Average commute
- 25 minState: 25 min
- Work from home
- 16.3%
- Drive alone
- 70.5%
- Public transit
- 0.3%
- Walk to work
- 7.2%
- Homes with broadband
- 84.8%
Searsmont vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Searsmont | 1,646 | $87,000 | $284,000 | $940 |
| Morrill | 914 | $74,250 | $214,000 | $975 |
| Belmont | 876 | $61,250 | $217,500 | $1,045 |
| Montville | 907 | $65,735 | $221,600 | $847 |
| Liberty | 969 | $71,146 | $229,600 | $559 |
| Appleton | 1,360 | $53,618 | $235,600 | $1,104 |
| Waldo | 926 | $71,458 | $208,000 | $1,150 |
| Lincolnville | 2,396 | $81,928 | $367,000 | $969 |
| Belfast | 6,986 | $67,679 | $340,900 | $962 |
More for people moving to Searsmont
Searsmont ZIP code ›Weather and climate ›Living in Searsmont: FAQ
What is the median household income in Searsmont, ME?
The median household income in Searsmont is $87,000, 16% 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 Searsmont?
The median home value in Searsmont is $284,000, compared with $296,600 in Maine.
How much is rent in Searsmont?
The median gross rent in Searsmont is $940 per month, about 24.4% of household income.
Is Searsmont, ME a good place to live?
Pluses: median household income 16% higher than the Maine median; home values 4% lower than the state median; an average commute of 25 minutes; unemployment of 3.4%; a poverty rate of 6.6%.
What is the median age in Searsmont?
The median age in Searsmont is 44.5 years (Maine: 44.8).
How long is the commute in Searsmont?
The average commute to work in Searsmont is 25 minutes; 16.3% of workers work from home.
What is the unemployment rate in Searsmont?
The unemployment rate in Searsmont is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Searsmont?
31.6% of adults in Searsmont 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: