Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 57.6 yrs |
|---|---|
| Avg HH Size | 1.93 |
| Below Poverty | 22.8% ▲ 128% above avg |
| College Grads | 31.7% ▼ 18% below avg |
| Unemployment | 11.1% ▲ 128% above avg |
| No HS Diploma | 13 (0.4%) |
| HS Graduate | 1,068 (29.9%) |
| Some College | 773 (21.7%) |
| Associates | 582 (16.3%) |
| Bachelors | 412 (11.6%) |
| Graduate Degree | 719 (20.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $44,167 ▼ 42% below avg |
|---|---|
| Median Home Value | $89,700 ▼ 68% below avg |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $553/mo |
| Total Housing Units | 3,302 |
| Vacant Units | 1,016 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Millinocket is a city in Maine, located in Penobscot County. The city spans 1 ZIP code and is home to approximately 4,462 residents. It is an older city, with a median age of 57.6 years.
Economically, Millinocket is a working-class community. The median household income of $44,167 is below the national average. Approximately 22.8% of residents live below the poverty line. The unemployment rate is 11.1%, more than double the national average.
The real estate market in Millinocket is one of the more affordable housing markets in the country. Median home values stand at $89,700, which is well below the national average. Renters typically pay around $553 per month. Homeownership is high at 84.3%, typical of suburban and family-oriented communities.
The population of Millinocket is moderately educated. 31.7% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (99.57%).
Millinocket, ME offers residents a cost-conscious lifestyle within Maine.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 04462 | 4,462 | $44,167 | $89,700 | $553 | 11.1% | 31.7% | 84.3% |