What is the population of Steep Falls CDP?

Steep Falls CDP has 1,720 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #76 of 155 in Maine.

What is the median household income in Steep Falls CDP?

Median household income in Steep Falls CDP is $68,125 a year, 13.3% below the national figure of $78,538.

How much does it cost to rent or buy in Steep Falls CDP?

Median gross rent is $974 a month and the median home value is $241,000, so rent absorbs about 17.2% of median household income.

Is Steep Falls CDP affordable compared with the rest of the US?

Homes cost about 3.5× the local median income here versus roughly 3.9× nationally, so Steep Falls CDP is more affordable to buy in than the typical US market, and rent takes 17.2% of median income against the 30% cost-burden line.

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Maine · Census place 73985

Steep Falls, ME population, income and ZIP codes

Quick answer

The population of the city of Steep Falls, Maine (Steep Falls, ME — Census place “Steep Falls CDP”) is 1,720 residents, ranking #76 of 155 places in Maine. Median household income is $68,125, the median home is worth $241,000 and median gross rent runs $974 a month. Looking for the Steep Falls Maine ZIP code list? 1 ZIP codes serve Steep Falls, ME: 04085.

Population: 1,720Steep Falls CDP residents
Median household income: $68,125Past 12 months, inflation adjusted
Median home value: $241,000Owner-occupied units
Median gross rent: $974Rent plus utilities, monthly
Median age: 39.3 yrsAll residents
Homeownership rate: 79.8%Owner-occupied households

Steep Falls ZIP codes (Maine)

Census ZCTAs whose delivery area overlaps Steep Falls.

The Steep Falls ME ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

04085

What the numbers mean in Steep Falls CDP

Housing cost measured against local earnings.

A household earning the Steep Falls CDP median would spend about 17.2% 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 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16.1% of residents and 79.8% of households own their home.

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

Steep Falls CDP, ME in context

How this area compares with national benchmarks.

Steep Falls CDP is a small town in Maine, with 1,720 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #76 of 155 ranked by population — larger than 51% of them. The median age here is 39.3 years against 39.1 nationally, a slightly older profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Steep Falls CDP earn a median of $68,125 a year, 13.3% below the national figure of $78,538 and 15% above the $58,992 median for the 106 Maine cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 16.1% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Steep Falls CDP is valued at $241,000, 20.6% below the national figure and 9% above the $221,600 peer median, while median gross rent runs $974 a month, 30.7% below the national figure, or roughly $11,688 across a full year. A household on the local median income would put about 17.2% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.5×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 79.8% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

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Frequently asked questions

Common questions about this area.

What is the population of Steep Falls CDP?: Steep Falls CDP has 1,720 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #76 of 155 in Maine.
What is the median household income in Steep Falls CDP?: Median household income in Steep Falls CDP is $68,125 a year, 13.3% below the national figure of $78,538.
How much does it cost to rent or buy in Steep Falls CDP?: Median gross rent is $974 a month and the median home value is $241,000, so rent absorbs about 17.2% of median household income.
Is Steep Falls CDP affordable compared with the rest of the US?: Homes cost about 3.5× the local median income here versus roughly 3.9× nationally, so Steep Falls CDP is more affordable to buy in than the typical US market, and rent takes 17.2% of median income against the 30% cost-burden line.
How current is this Steep Falls CDP data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.