Living in Tremont, Maine
Cost of living, income, home prices, rent and demographics of Tremont · Census data 2020–2024
Tremont has 1,508 residents with a median age of 45.6. The median household income is $88,803 (19% higher than the Maine median), the median home value is $407,000, the median rent is $1,217/month.
Tremont at a glance
- Population
- 1,508
- Median age
- 45.6State: 44.8
- Median household income
- $88,803State: $74,733
- Median home value
- $407,000State: $296,600
- Median rent
- $1,217/moState: $1,139
- Homeowners
- 76.3%
- Bachelor's degree or higher
- 44.4%
- Average commute
- 24 min
Is Tremont a good place to live?
Pros: Median household income 19% higher than the Maine median; an average commute of 24 minutes; unemployment of 2.3%; a poverty rate of 6.6%.
Cons: Home values 37% higher than the state median.
The weather is best in June to September.
Cost of living in Tremont
Housing is the biggest part of the cost of living. In Tremont the median home value is $407,000, 22% higher than the U.S. median. Renters pay a median of $1,217 per month, which is 27.3% of household income. Homeowners with a mortgage pay $1,980 a month in housing costs.
Tremont median household income
The median household income in Tremont is $88,803 and the income per person is $44,987. 6.6% of residents live below the poverty line (Maine: 10.7%).
Housing in Tremont: homes for sale and rent
- Housing units
- 1,265
- Owner-occupied
- 76.3%
- Renter-occupied
- 23.7%
- Vacant
- 49%Includes seasonal homes
- Median year built
- 1986
- Average household size
- 2.34
49% of homes are vacant most of the year, a sign that Tremont has many vacation and second homes.
Tremont demographics
- Population
- 1,508
- Median age
- 45.6
- Under 18
- 20.2%
- 65 and older
- 21.4%
- Households
- 645
- Foreign-born
- 3.7%
- Veterans
- 5%Adults 18+
Hispanic or Latino can be of any race. Population history of Tremont ›
Education in Tremont
44.4% of adults 25 and older in Tremont have a bachelor's degree or higher (Maine: 36.2%), and 21.3% have a graduate or professional degree.
Jobs and commute in Tremont
- Unemployment rate
- 2.3%State: 3.8%
- Average commute
- 24 minState: 25 min
- Work from home
- 20.9%
- Drive alone
- 66.2%
- Public transit
- 1.4%
- Walk to work
- 0.8%
- Homes with broadband
- 93.2%
Tremont vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Tremont | 1,508 | $88,803 | $407,000 | $1,217 |
| Brooklin | 869 | $68,750 | $339,400 | $1,236 |
| Southwest Harbor | 1,553 | $59,205 | $428,500 | $959 |
| Mount Desert | 1,671 | $92,813 | $522,100 | $1,341 |
| Northeast Harbor | 419 | $92,415 | $729,700 | $1,356 |
| Swans Island | 438 | $86,250 | $316,700 | $2,125 |
| Blue Hill | 2,813 | $80,377 | $399,500 | $1,038 |
| Sedgwick | 1,274 | $70,446 | $336,200 | $1,048 |
| Cranberry Isles | 196 | $65,000 | $439,100 | $1,000 |
More for people moving to Tremont
Tremont ZIP code ›Weather and climate ›Living in Tremont: FAQ
What is the median household income in Tremont, ME?
The median household income in Tremont is $88,803, 19% 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 Tremont?
The median home value in Tremont is $407,000, compared with $296,600 in Maine.
How much is rent in Tremont?
The median gross rent in Tremont is $1,217 per month, about 27.3% of household income.
Is Tremont, ME a good place to live?
Pluses: median household income 19% higher than the Maine median; an average commute of 24 minutes; unemployment of 2.3%; a poverty rate of 6.6%. Minuses: home values 37% higher than the state median.
What is the median age in Tremont?
The median age in Tremont is 45.6 years (Maine: 44.8).
How long is the commute in Tremont?
The average commute to work in Tremont is 24 minutes; 20.9% of workers work from home.
What is the unemployment rate in Tremont?
The unemployment rate in Tremont is 2.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Tremont?
44.4% of adults in Tremont 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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