Damariscotta, ME
Population 1,172 · Maine
About Damariscotta, ME
Damariscotta is a small community in Maine with a population of 1,172 residents. The median household income is $63,696 per year, which is near the national average. The median age in Damariscotta is 50 years.
Housing in Damariscotta has a median home value of $387,200 and median monthly rent of $1,016. Of the 600 total housing units, the majority are owner-occupied, with 302 owner-occupied and 174 renter-occupied units.
The unemployment rate in Damariscotta is 12.7% and the poverty rate is 23.2%. 43.8% of residents hold a bachelor's degree or higher. The average commute time is 15 minutes.
How Damariscotta Ranks in Maine
Cost of Living in Damariscotta, ME
Compared to national averages, Damariscotta has a median household income of $63,696 (15% below the national median of $75,149). Home values average $387,200, which is 58% above the national median. Monthly rent at $1,016 is 13% below the US average of $1,163. Within Maine, Damariscotta's income is 1% below the state average of $64,613, and home values are 54% above the state median of $251,113.
Why Live in Damariscotta, ME?
Damariscotta offers rent that’s lower than the national average at $1,016/month, and a well-educated community where 43.8% of residents hold a bachelor’s degree or higher, and short commute times averaging just 15 minutes.
Potential considerations include median household income ($63,696) that falls below the national average, and a competitive housing market where the typical home costs $387,200. However, Damariscotta’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Damariscotta has a population of 1,172 with a median age of 50 years. Compare Damariscotta with other cities to see how it stacks up, or explore all cities in Maine.
Similar Cities Near Damariscotta
Cities in Maine with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Norridgewock | 1,155 | $0 | $173,000 | Compare |
| Howland | 1,208 | $48,021 | $101,900 | Compare |
| Oxford | 1,135 | $73,088 | $175,600 | Compare |
| Limestone | 1,120 | $39,667 | $91,500 | Compare |
| Chisholm | 1,115 | $59,524 | $131,000 | Compare |
| Eastport | 1,230 | $46,205 | $148,200 | Compare |
| Livermore Falls | 1,250 | $34,091 | $0 | Compare |
| Cornish | 1,080 | $68,561 | $0 | 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 Damariscotta
What is the population of Damariscotta, ME?
The population of Damariscotta, ME is 1,172 according to the latest Census data.
What is the median household income in Damariscotta?
The median household income in Damariscotta, ME is $63,696 per year.
What is the median home value in Damariscotta?
The median home value in Damariscotta, ME is $387,200.
What is the average rent in Damariscotta?
The median monthly rent in Damariscotta, ME is $1,016.
What is the unemployment rate in Damariscotta?
The unemployment rate in Damariscotta, ME is 12.7%.