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Maine · Census place 24480

Falmouth CDP, ME

Quick answer

Falmouth CDP has 1,447 residents, ranking #87 of 155 places in Maine. Median household income is $89,625, the median home is worth $737,300 and median gross rent runs $1,441 a month.

Population
1,447Falmouth CDP residents
Median household income
$89,625Past 12 months, inflation adjusted
Median home value
$737,300Owner-occupied units
Median gross rent
$1,441Rent plus utilities, monthly
Median age
62.3 yrsAll residents
Homeownership rate
67.8%Owner-occupied households

What the numbers mean in Falmouth CDP

Housing cost measured against local earnings.

A household earning the Falmouth CDP median would spend about 19.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 8.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.6% of residents and 67.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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