Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 49.8 yrs |
|---|---|
| Avg HH Size | 2.51 |
| Below Poverty | 4.2% ▼ 58% below avg |
| College Grads | 82.4% ▲ 113% above avg |
| Unemployment | 1.8% ▼ 63% below avg |
| No HS Diploma | 2 (0%) |
| HS Graduate | 593 (9.1%) |
| Some College | 199 (3.1%) |
| Associates | 352 (5.4%) |
| Bachelors | 430 (6.6%) |
| Graduate Degree | 4,943 (75.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $145,464 ▲ 91% above avg |
|---|---|
| Median Home Value | $659,600 ▲ 137% above avg |
| Home/Income Ratio | 4.5x (nat avg ~3.5x) |
| Median Rent | $2,191/mo |
| Total Housing Units | 4,007 |
| Vacant Units | 210 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Cape Elizabeth is a city in Maine, located in Cumberland County. The city spans 1 ZIP code and is home to approximately 9,581 residents. It is a mature city, with a median age of 49.8 years.
Economically, Cape Elizabeth is a upper-middle-income community. The median household income of $145,464 is significantly above the national average. Approximately 4.2% of residents live below the poverty line. The unemployment rate is 1.8%, well below the national average.
The real estate market in Cape Elizabeth is a premium housing market. Median home values stand at $659,600, which is more than double the national average. Renters typically pay around $2,191 per month. Homeownership is high at 88.5%, typical of suburban and family-oriented communities.
The population of Cape Elizabeth is highly educated. 82.4% of adults hold a bachelor's degree or higher — more than double the national average. The community is primarily White (95.26%).
Cape Elizabeth, ME offers residents above-average earning potential within Maine.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 04107 | 9,581 | $145,464 | $659,600 | $2,191 | 1.8% | 82.4% | 88.5% |