Living in Wiscasset, Maine
Cost of living, income, home prices, rent and demographics of Wiscasset · Census data 2020–2024
Wiscasset has 3,874 residents with a median age of 48.8. The median household income is $71,118 (5% lower than the Maine median), the median home value is $325,200, the median rent is $1,518/month.
Wiscasset at a glance
- Population
- 3,874
- Median age
- 48.8State: 44.8
- Median household income
- $71,118State: $74,733
- Median home value
- $325,200State: $296,600
- Median rent
- $1,518/moState: $1,139
- Homeowners
- 82.8%
- Bachelor's degree or higher
- 36.5%
- Average commute
- 25 min
Is Wiscasset a good place to live?
Pros: Unemployment of 2.6%; a poverty rate of 5.7%.
Cons: Median household income 5% lower than the Maine median; home values 10% higher than the state median; an average commute of 25 minutes.
The weather is best in June to September.
Cost of living in Wiscasset
Housing is the biggest part of the cost of living. In Wiscasset the median home value is $325,200, about the same as the U.S. median. Renters pay a median of $1,518 per month, which is 23.7% of household income. Homeowners with a mortgage pay $1,776 a month in housing costs.
Wiscasset median household income
The median household income in Wiscasset is $71,118 and the income per person is $41,713. 5.7% of residents live below the poverty line (Maine: 10.7%).
Housing in Wiscasset: homes for sale and rent
- Housing units
- 1,928
- Owner-occupied
- 82.8%
- Renter-occupied
- 17.2%
- Vacant
- 3.9%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 1.97
Wiscasset demographics
- Population
- 3,874
- Median age
- 48.8
- Under 18
- 13.8%
- 65 and older
- 28%
- Households
- 1,853
- Foreign-born
- 1.5%
- Veterans
- 16%Adults 18+
Hispanic or Latino can be of any race. Population history of Wiscasset ›
Education in Wiscasset
36.5% of adults 25 and older in Wiscasset have a bachelor's degree or higher (Maine: 36.2%), and 13.3% have a graduate or professional degree.
Jobs and commute in Wiscasset
- Unemployment rate
- 2.6%State: 3.8%
- Average commute
- 25 minState: 25 min
- Work from home
- 21.4%
- Drive alone
- 62.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 97.5%
Wiscasset vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Wiscasset | 3,874 | $71,118 | $325,200 | $1,518 |
| Edgecomb | 1,251 | $108,750 | $348,400 | — |
| Dresden | 1,645 | $74,844 | $240,100 | $1,194 |
| Woolwich | 3,158 | $102,175 | $254,500 | — |
| Alna | 818 | $93,125 | $367,400 | $1,088 |
| Newcastle | 1,913 | $89,868 | $398,000 | $1,363 |
| Westport Island | 835 | $87,564 | $351,700 | $1,250 |
| Bowdoinham | 3,142 | $108,479 | $405,500 | — |
| Bath | 8,815 | $69,390 | $310,900 | $1,044 |
More for people moving to Wiscasset
Wiscasset ZIP code ›Weather and climate ›Living in Wiscasset: FAQ
What is the median household income in Wiscasset, ME?
The median household income in Wiscasset is $71,118, 5% 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 Wiscasset?
The median home value in Wiscasset is $325,200, compared with $296,600 in Maine.
How much is rent in Wiscasset?
The median gross rent in Wiscasset is $1,518 per month, about 23.7% of household income.
Is Wiscasset, ME a good place to live?
Pluses: unemployment of 2.6%; a poverty rate of 5.7%. Minuses: median household income 5% lower than the Maine median; home values 10% higher than the state median; an average commute of 25 minutes.
What is the median age in Wiscasset?
The median age in Wiscasset is 48.8 years (Maine: 44.8).
How long is the commute in Wiscasset?
The average commute to work in Wiscasset is 25 minutes; 21.4% of workers work from home.
What is the unemployment rate in Wiscasset?
The unemployment rate in Wiscasset is 2.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Wiscasset?
36.5% of adults in Wiscasset 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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