Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.5 yrs |
|---|---|
| Avg HH Size | 2.65 |
| Below Poverty | 7.5% ▼ 25% below avg |
| College Grads | 39.9% ≈ Avg |
| Unemployment | 0.6% ▼ 87% below avg |
| No HS Diploma | 3 (0.3%) |
| HS Graduate | 400 (36.6%) |
| Some College | 143 (13.1%) |
| Associates | 110 (10.1%) |
| Bachelors | 124 (11.4%) |
| Graduate Degree | 312 (28.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $61,250 ▼ 20% below avg |
|---|---|
| Median Home Value | $155,800 ▼ 44% below avg |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $908/mo |
| Total Housing Units | 727 |
| Vacant Units | 115 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New Sharon is a city in Maine, located in Franklin County. The city spans 1 ZIP code and is home to approximately 1,622 residents. It is a relatively young city, with a median age of 37.5 years.
Economically, New Sharon is a solidly middle-class community. The median household income of $61,250 is below the national average. Approximately 7.5% of residents live below the poverty line. The unemployment rate is 0.6%, well below the national average.
The real estate market in New Sharon is an affordable housing market. Median home values stand at $155,800, which is below the national average. Renters typically pay around $908 per month. Homeownership is high at 88.7%, typical of suburban and family-oriented communities.
The population of New Sharon is moderately educated. 39.9% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (95.01%).
New Sharon, ME offers residents a cost-conscious lifestyle within Maine.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 04955 | 1,622 | $61,250 | $155,800 | $908 | 0.6% | 39.9% | 88.7% |