Living in Waldoboro, Maine
Cost of living, income, home prices, rent and demographics of Waldoboro · Census data 2020–2024
Waldoboro has 5,253 residents with a median age of 50.1. The median household income is $69,107 (8% lower than the Maine median), the median home value is $274,900, the median rent is $348/month.
Waldoboro at a glance
- Population
- 5,253
- Median age
- 50.1State: 44.8
- Median household income
- $69,107State: $74,733
- Median home value
- $274,900State: $296,600
- Median rent
- $348/moState: $1,139
- Homeowners
- 78.6%
- Bachelor's degree or higher
- 29.9%
- Average commute
- 25 min
Is Waldoboro a good place to live?
Pros: Home values 7% lower than the state median; unemployment of 0.7%; a poverty rate of 9.6%.
Cons: Median household income 8% lower than the Maine median; an average commute of 25 minutes.
The weather is best in June to September.
Cost of living in Waldoboro
Housing is the biggest part of the cost of living. In Waldoboro the median home value is $274,900, 17% lower than the U.S. median. Renters pay a median of $348 per month, which is 25.1% of household income. Homeowners with a mortgage pay $1,433 a month in housing costs.
Waldoboro median household income
The median household income in Waldoboro is $69,107 and the income per person is $42,132. 9.6% of residents live below the poverty line (Maine: 10.7%).
Housing in Waldoboro: homes for sale and rent
- Housing units
- 2,761
- Owner-occupied
- 78.6%
- Renter-occupied
- 21.4%
- Vacant
- 6.5%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.03
Waldoboro demographics
- Population
- 5,253
- Median age
- 50.1
- Under 18
- 15.6%
- 65 and older
- 22.6%
- Households
- 2,582
- Foreign-born
- 2.9%
- Veterans
- 11.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Waldoboro ›
Education in Waldoboro
29.9% of adults 25 and older in Waldoboro have a bachelor's degree or higher (Maine: 36.2%), and 7.5% have a graduate or professional degree.
Jobs and commute in Waldoboro
- Unemployment rate
- 0.7%State: 3.8%
- Average commute
- 25 minState: 25 min
- Work from home
- 6.6%
- Drive alone
- 83.7%
- Public transit
- 0%
- Walk to work
- 0.2%
- Homes with broadband
- 80.2%
Waldoboro vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Waldoboro | 5,253 | $69,107 | $274,900 | $348 |
| Nobleboro | 1,906 | $100,417 | $352,600 | $1,099 |
| Warren | 4,932 | $74,616 | $232,700 | $1,125 |
| Jefferson | 2,647 | $85,078 | $311,600 | $1,120 |
| Damariscotta | 2,192 | $59,423 | $363,500 | $1,027 |
| Union | 2,663 | $80,724 | $267,600 | $1,179 |
| Bremen | 917 | $100,000 | $425,300 | — |
| Washington | 1,624 | $59,861 | $195,200 | $1,036 |
| Cushing | 1,460 | $83,500 | $409,800 | $1,553 |
More for people moving to Waldoboro
Waldoboro ZIP code ›Weather and climate ›Living in Waldoboro: FAQ
What is the median household income in Waldoboro, ME?
The median household income in Waldoboro is $69,107, 8% 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 Waldoboro?
The median home value in Waldoboro is $274,900, compared with $296,600 in Maine.
How much is rent in Waldoboro?
The median gross rent in Waldoboro is $348 per month, about 25.1% of household income.
Is Waldoboro, ME a good place to live?
Pluses: home values 7% lower than the state median; unemployment of 0.7%; a poverty rate of 9.6%. Minuses: median household income 8% lower than the Maine median; an average commute of 25 minutes.
What is the median age in Waldoboro?
The median age in Waldoboro is 50.1 years (Maine: 44.8).
How long is the commute in Waldoboro?
The average commute to work in Waldoboro is 25 minutes; 6.6% of workers work from home.
What is the unemployment rate in Waldoboro?
The unemployment rate in Waldoboro is 0.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Waldoboro?
29.9% of adults in Waldoboro 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: