City

Penobscot, ME

1 ZIP code  ·  Hancock County  ·  Maine

👥1,127Population
💰$52,500Median HH Income▼ 31% below avg
🎂57.5Median Age
🏠$261,100Median Home Value≈ Avg
🎓42.1%College Grads▲ 9% above avg
📊5.7%Unemployment▲ 17% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 46.1% Female 53.9% ♀

Race & Ethnicity

White: 96.2%Hispanic: 2.3%Asian: 0.2%Other: 1%Race
White96.2%
Hispanic2.3%
Asian0.2%
Other1.0%

Age Breakdown

Under 5
2%
5–17
13%
18–24
6%
25–44
14%
45–64
27%
65+
18%

Key Indicators

Median Age57.5 yrs
Avg HH Size2.13
Below Poverty11.6% ▲ 16% above avg
College Grads42.1% ▲ 9% above avg
Unemployment5.7% ▲ 17% above avg
HS Graduate259 (30%)
Some College66 (7.7%)
Associates174 (20.2%)
Bachelors85 (9.9%)
Graduate Degree278 (32.3%)

Education

HS Grad: 30%Some College: 7.7%Associates: 20.2%Bachelors: 9.9%Graduate: 32.3%Edu
HS Grad30.0%
Some College7.7%
Associates20.2%
Bachelors9.9%
Graduate32.3%
Housing & Income

Housing Tenure

Owner: 88.8%Renter: 11.2%Tenure
Owner88.8%
Renter11.2%

Home Value Distribution

Under $50k
2%
$50k–$100k
14%
$100k–$150k
9%
$150k–$200k
12%
$200k–$300k
25%
$300k–$500k
18%
Over $500k
20%

Financials

Median HH Income$52,500 ▼ 31% below avg
Median Home Value$261,100 ≈ Avg
Home/Income Ratio5.0x (nat avg ~3.5x)
Median Rent$1,148/mo
Total Housing Units768
Vacant Units240

Income Distribution

Under $25k
25%
$25k–$50k
22%
$50k–$75k
17%
$75k–$100k
11%
$100k–$150k
17%
$150k–$200k
4%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
77%
Walked
3%
Work From Home
20%

Commute Time

Under 15 min
29%
15–30 min
28%
30–45 min
23%
Over 45 min
21%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
5%
1960s–1970s
14%
1980s–1990s
17%
2000+
61%
About Penobscot, ME

Penobscot is a city in Maine, located in Hancock County. The city spans 1 ZIP code and is home to approximately 1,127 residents. It is an older city, with a median age of 57.5 years.

Economically, Penobscot is a working-class community. The median household income of $52,500 is below the national average. Approximately 11.6% of residents live below the poverty line. The unemployment rate is 5.7%, above the national average.

The real estate market in Penobscot is a mid-range housing market. Median home values stand at $261,100, which is near the national average. Renters typically pay around $1,148 per month. Homeownership is high at 88.8%, typical of suburban and family-oriented communities.

The population of Penobscot is well-educated. 42.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (96.18%).

Penobscot, ME offers residents a cost-conscious lifestyle within Maine.

ZIP Codes in Penobscot
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
04476 1,127 $52,500 $261,100 $1,148 5.7% 42.1% 88.8%