Cape Neddick, ME
Population 2,578 · Maine
About Cape Neddick, ME
Cape Neddick is a small community in Maine with a population of 2,578 residents. The median household income is $98,113 per year, which is above the national average. The median age in Cape Neddick is 64.2 years.
Housing in Cape Neddick has a median home value of $636,100 and median monthly rent of $1,723. Of the 3,500 total housing units, the majority are owner-occupied, with 1,171 owner-occupied and 160 renter-occupied units.
The unemployment rate in Cape Neddick is 6.2% and the poverty rate is 10.1%. 52.1% of residents hold a bachelor's degree or higher. The average commute time is 16.3 minutes.
How Cape Neddick Ranks in Maine
Cost of Living in Cape Neddick, ME
Compared to national averages, Cape Neddick has a median household income of $98,113 (31% above the national median of $75,149). Home values average $636,100, which is 160% above the national median. Monthly rent at $1,723 is 48% above the US average of $1,163. Within Maine, Cape Neddick's income is 52% above the state average of $64,613, and home values are 153% above the state median of $251,113.
Why Live in Cape Neddick, ME?
Cape Neddick offers a strong local economy with a median household income of $98,113, well above the national average, and a well-educated community where 52.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 10.1%, better than the national average. Additionally, the city features short commute times averaging just 16.3 minutes.
Potential considerations include a competitive housing market where the typical home costs $636,100. However, Cape Neddick’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cape Neddick has a population of 2,578 with a median age of 64.2 years. Compare Cape Neddick with other cities to see how it stacks up, or explore all cities in Maine.
Similar Cities Near Cape Neddick
Cities in Maine with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lincoln | 2,576 | $33,750 | $120,200 | Compare |
| Hallowell | 2,570 | $58,811 | $266,700 | Compare |
| South Paris | 2,570 | $56,823 | $186,300 | Compare |
| Madison | 2,552 | $43,095 | $70,800 | Compare |
| Winthrop | 2,666 | $54,612 | $240,700 | Compare |
| Fort Kent | 2,453 | $58,750 | $137,000 | Compare |
| Oakland | 2,714 | $44,846 | $142,800 | Compare |
| Fairfield | 2,432 | $50,718 | $140,200 | 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.
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Frequently Asked Questions about Cape Neddick
What is the population of Cape Neddick, ME?
The population of Cape Neddick, ME is 2,578 according to the latest Census data.
What is the median household income in Cape Neddick?
The median household income in Cape Neddick, ME is $98,113 per year.
What is the median home value in Cape Neddick?
The median home value in Cape Neddick, ME is $636,100.
What is the average rent in Cape Neddick?
The median monthly rent in Cape Neddick, ME is $1,723.
What is the unemployment rate in Cape Neddick?
The unemployment rate in Cape Neddick, ME is 6.2%.