Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 49.8 yrs |
|---|---|
| Avg HH Size | 2.40 |
| Below Poverty | 14.7% ▲ 47% above avg |
| College Grads | 44.6% ▲ 15% above avg |
| Unemployment | 5.6% ▲ 15% above avg |
| No HS Diploma | 3 (0.8%) |
| HS Graduate | 126 (33.1%) |
| Some College | 30 (7.9%) |
| Associates | 52 (13.6%) |
| Bachelors | 51 (13.4%) |
| Graduate Degree | 119 (31.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $52,344 ▼ 31% below avg |
|---|---|
| Median Home Value | $156,900 ▼ 44% below avg |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $404/mo |
| Total Housing Units | 293 |
| Vacant Units | 78 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New Sweden is a city in Maine, located in Aroostook County. The city spans 1 ZIP code and is home to approximately 517 residents. It is a mature city, with a median age of 49.8 years.
Economically, New Sweden is a working-class community. The median household income of $52,344 is below the national average. Approximately 14.7% of residents live below the poverty line. The unemployment rate is 5.6%, above the national average.
The real estate market in New Sweden is an affordable housing market. Median home values stand at $156,900, which is below the national average. Renters typically pay around $404 per month. Homeownership is high at 78.1%, typical of suburban and family-oriented communities.
The population of New Sweden is well-educated. 44.6% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (85.88%).
New Sweden, ME offers residents a cost-conscious lifestyle within Maine.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 04762 | 517 | $52,344 | $156,900 | $404 | 5.6% | 44.6% | 78.1% |