Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.5 yrs |
|---|---|
| Avg HH Size | 2.47 |
| Below Poverty | 2.7% ▼ 73% below avg |
| College Grads | 74.7% ▲ 93% above avg |
| Unemployment | 3.1% ▼ 36% below avg |
| No HS Diploma | 34 (0.4%) |
| HS Graduate | 1,076 (12.5%) |
| Some College | 536 (6.2%) |
| Associates | 534 (6.2%) |
| Bachelors | 438 (5.1%) |
| Graduate Degree | 6,012 (69.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $131,833 ▲ 73% above avg |
|---|---|
| Median Home Value | $669,500 ▲ 140% above avg |
| Home/Income Ratio | 5.1x (nat avg ~3.5x) |
| Median Rent | $2,070/mo |
| Total Housing Units | 5,332 |
| Vacant Units | 326 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Falmouth is a city in Maine, located in Cumberland County. The city spans 1 ZIP code and is home to approximately 12,557 residents. It is a mature city, with a median age of 47.5 years.
Economically, Falmouth is a upper-middle-income community. The median household income of $131,833 is significantly above the national average. Approximately 2.7% of residents live below the poverty line. The unemployment rate is 3.1%, below the national average.
The real estate market in Falmouth is a premium housing market. Median home values stand at $669,500, which is more than double the national average. Renters typically pay around $2,070 per month. Homeownership is high at 85.1%, typical of suburban and family-oriented communities.
The population of Falmouth is highly educated. 74.7% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (87.67%).
Falmouth, ME offers residents above-average earning potential within Maine.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 04105 | 12,557 | $131,833 | $669,500 | $2,070 | 3.1% | 74.7% | 85.1% |