Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.3 yrs |
|---|---|
| Avg HH Size | 2.68 |
| Below Poverty | 1.9% ▼ 81% below avg |
| College Grads | 43.7% ▲ 13% above avg |
| Unemployment | 3.9% ▼ 20% below avg |
| No HS Diploma | 12 (0.3%) |
| HS Graduate | 1,416 (36.1%) |
| Some College | 257 (6.6%) |
| Associates | 523 (13.3%) |
| Bachelors | 415 (10.6%) |
| Graduate Degree | 1,297 (33.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $107,781 ▲ 41% above avg |
|---|---|
| Median Home Value | $316,800 ▲ 14% above avg |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $1,270/mo |
| Total Housing Units | 2,274 |
| Vacant Units | 152 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New Gloucester is a city in Maine, located in Cumberland County. The city spans 1 ZIP code and is home to approximately 5,733 residents. It is a middle-aged city, with a median age of 44.3 years.
Economically, New Gloucester is a upper-middle-income community. The median household income of $107,781 is above the national average. Approximately 1.9% of residents live below the poverty line. The unemployment rate is 3.9%, below the national average.
The real estate market in New Gloucester is a mid-range housing market. Median home values stand at $316,800, which is near the national average. Renters typically pay around $1,270 per month. Homeownership is high at 88.3%, typical of suburban and family-oriented communities.
The population of New Gloucester is well-educated. 43.7% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (96.37%).
New Gloucester, ME offers residents above-average earning potential within Maine.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 04260 | 5,733 | $107,781 | $316,800 | $1,270 | 3.9% | 43.7% | 88.3% |