Bangor, ME
Population 31,663 · Maine
About Bangor, ME
Bangor is a mid-sized city located in Maine with a population of 31,663 residents according to the latest US Census Bureau American Community Survey data. The median household income is $58,096 per year, which is 23% below the national median of $75,149. The median age of 40.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Bangor features a median home value of $206,300, which is 16% below the national median of $244,900. This positions Bangor in a moderately priced market relative to the rest of the country. Median monthly rent is $1,019, 12% below the national average of $1,163/month. Of the 15,559 total housing units, 47% are owner-occupied (6,552 units) and 53% are renter-occupied (7,415 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Bangor shows an unemployment rate of 4.2%, which is near the national rate of 3.7%. The poverty rate stands at 14.9%, above the national average of 12.4%. Workers in Bangor have an average one-way commute time of 17 minutes, one of the shorter commutes in the region.
Education & Demographics
36.3% of Bangor residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.2% White, 2.9% Hispanic or Latino, 0.7% Black or African American, and 1.4% Asian residents, with 5.3% of the population being foreign-born.
How Bangor Ranks in Maine
Cost of Living in Bangor, ME
Compared to national averages, Bangor has a median household income of $58,096 (23% below the national median of $75,149). Home values average $206,300, which is 16% below the national median. Monthly rent at $1,019 is 12% below the US average of $1,163. Within Maine, Bangor's income is 10% below the state average of $64,613, and home values are 18% below the state median of $251,113.
Why Live in Bangor, ME?
Bangor offers affordable housing with a median home value of $206,300, below the US average of $244,900, and rent that’s lower than the national average at $1,019/month, and a well-educated community where 36.3% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 17 minutes.
Potential considerations include median household income ($58,096) that falls below the national average. However, Bangor’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bangor has a population of 31,663 with a median age of 40.7 years. Compare Bangor with other cities to see how it stacks up, or explore all cities in Maine.
Similar Cities Near Bangor
Cities in Maine with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| South Portland | 26,780 | $84,563 | $405,800 | Compare |
| Lewiston | 37,886 | $56,558 | $214,200 | Compare |
| Auburn | 24,294 | $66,552 | $254,600 | Compare |
| Biddeford | 22,463 | $69,794 | $349,300 | Compare |
| Sanford | 22,095 | $70,570 | $257,200 | Compare |
| Saco | 20,636 | $84,328 | $370,300 | Compare |
| Westbrook | 20,484 | $85,868 | $341,800 | Compare |
| Augusta | 18,999 | $48,756 | $188,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Maine
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Bangor With Other Cities
Frequently Asked Questions about Bangor
What is the population of Bangor, ME?
The population of Bangor, ME is 31,663 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Maine.
What is the median household income in Bangor?
The median household income in Bangor, ME is $58,096 per year, which is 23% below the national median of $75,149.
What is the median home value in Bangor?
The median home value in Bangor, ME is $206,300, which is 16% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Bangor?
The median monthly rent in Bangor, ME is $1,019, which is 12% below the national average of $1,163/month.
What is the unemployment rate in Bangor?
The unemployment rate in Bangor, ME is 4.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bangor, ME a good place to live?
Bangor offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 31,663 and a median age of 40.7, the city appeals to a broad range of residents.
How educated is Bangor, ME?
36.3% of residents in Bangor aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Bangor?
Key cost-of-living indicators for Bangor, ME: median home value is $206,300 (16% below national), median rent is $1,019/month, and median household income is $58,096. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Bangor?
The poverty rate in Bangor, ME is 14.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Bangor, ME?
Bangor's population is 1.2% White, 2.9% Hispanic or Latino, 0.7% Black or African American, 1.4% Asian, and 2.6% two or more races. 5.3% of residents are foreign-born.