Living in Sweden, Maine
Cost of living, income, home prices, rent and demographics of Sweden · Census data 2020–2024
Sweden has 537 residents with a median age of 51.1. The median household income is $73,750 (about the same as the Maine median), the median home value is $311,300, the median rent is $1,667/month.
Sweden is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Sweden at a glance
- Population
- 537
- Median age
- 51.1State: 44.8
- Median household income
- $73,750State: $74,733
- Median home value
- $311,300State: $296,600
- Median rent
- $1,667/moState: $1,139
- Homeowners
- 92.2%
- Bachelor's degree or higher
- 34.5%
- Average commute
- 31 min
Is Sweden a good place to live?
Cons: Median household income about the same as the Maine median; home values 5% higher than the state median; an average commute of 31 minutes; unemployment of 10.3%; a poverty rate of 14.7%.
The weather is best in June to September.
Cost of living in Sweden
Housing is the biggest part of the cost of living. In Sweden the median home value is $311,300, 6% lower than the U.S. median. Renters pay a median of $1,667 per month, which is 16.9% of household income. Homeowners with a mortgage pay $1,413 a month in housing costs.
Sweden median household income
The median household income in Sweden is $73,750 and the income per person is $40,038. 14.7% of residents live below the poverty line (Maine: 10.7%).
Housing in Sweden: homes for sale and rent
- Housing units
- 315
- Owner-occupied
- 92.2%
- Renter-occupied
- 7.8%
- Vacant
- 43.2%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 3.00
43.2% of homes are vacant most of the year, a sign that Sweden has many vacation and second homes.
Sweden demographics
- Population
- 537
- Median age
- 51.1
- Under 18
- 21.8%
- 65 and older
- 20.3%
- Households
- 179
- Foreign-born
- 3%
- Veterans
- 4.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Sweden ›
Education in Sweden
34.5% of adults 25 and older in Sweden have a bachelor's degree or higher (Maine: 36.2%), and 8.5% have a graduate or professional degree.
Jobs and commute in Sweden
- Unemployment rate
- 10.3%State: 3.8%
- Average commute
- 31 minState: 25 min
- Work from home
- 9.5%
- Drive alone
- 68.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 86.6%
Sweden vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Sweden | 537 | $73,750 | $311,300 | $1,667 |
| Bridgton | 5,642 | $77,500 | $316,600 | $1,188 |
| Lovell | 1,353 | $80,625 | $295,000 | $1,419 |
| Waterford | 1,295 | $66,071 | $273,800 | $870 |
| Harrison | 2,513 | $56,938 | $249,300 | $885 |
| Fryeburg | 3,489 | $56,076 | $268,600 | $893 |
| Denmark | 1,054 | $64,167 | $250,000 | $1,409 |
| Stow | 535 | $42,204 | $326,400 | — |
| Stoneham | 271 | $63,750 | $226,200 | $1,125 |
More for people moving to Sweden
Sweden ZIP code ›Weather and climate ›Living in Sweden: FAQ
What is the median household income in Sweden, ME?
The median household income in Sweden is $73,750, about the same as 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 Sweden?
The median home value in Sweden is $311,300, compared with $296,600 in Maine.
How much is rent in Sweden?
The median gross rent in Sweden is $1,667 per month, about 16.9% of household income.
Is Sweden, ME a good place to live?
Minuses: median household income about the same as the Maine median; home values 5% higher than the state median; an average commute of 31 minutes; unemployment of 10.3%; a poverty rate of 14.7%.
What is the median age in Sweden?
The median age in Sweden is 51.1 years (Maine: 44.8).
How long is the commute in Sweden?
The average commute to work in Sweden is 31 minutes; 9.5% of workers work from home.
What is the unemployment rate in Sweden?
The unemployment rate in Sweden is 10.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Sweden?
34.5% of adults in Sweden 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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