Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 52.1 yrs |
|---|---|
| Avg HH Size | 2.37 |
| Below Poverty | 5.3% ▼ 47% below avg |
| College Grads | 35.8% ▼ 8% below avg |
| Unemployment | 1.2% ▼ 76% below avg |
| No HS Diploma | 34 (1.6%) |
| HS Graduate | 708 (34.1%) |
| Some College | 320 (15.4%) |
| Associates | 270 (13%) |
| Bachelors | 258 (12.4%) |
| Graduate Degree | 484 (23.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $91,932 ▲ 20% above avg |
|---|---|
| Median Home Value | $275,500 ≈ Avg |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $881/mo |
| Total Housing Units | 1,186 |
| Vacant Units | 22 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Minot is a city in Maine, located in Androscoggin County. The city spans 1 ZIP code and is home to approximately 2,774 residents. It is a mature city, with a median age of 52.1 years.
Economically, Minot is a middle-income community. The median household income of $91,932 is above the national average. Approximately 5.3% of residents live below the poverty line. The unemployment rate is 1.2%, well below the national average.
The real estate market in Minot is a mid-range housing market. Median home values stand at $275,500, which is near the national average. Renters typically pay around $881 per month. Homeownership is high at 93.8%, typical of suburban and family-oriented communities.
The population of Minot is moderately educated. 35.8% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (91.89%).
Minot, ME offers residents above-average earning potential within Maine.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 04258 | 2,774 | $91,932 | $275,500 | $881 | 1.2% | 35.8% | 93.8% |