Eagle Lake, ME
Population 378 · Maine
About Eagle Lake, ME
Eagle Lake is a small community located in Maine with a population of 378 residents according to the latest US Census Bureau American Community Survey data. The median household income is $36,806 per year, which is 51% below the national median of $75,149. The median age of 63.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Eagle Lake features a median home value of $102,800, which is 58% below the national median of $244,900. This makes Eagle Lake one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $613, 47% below the national average of $1,163/month. Of the 297 total housing units, 66% are owner-occupied (84 units) and 34% are renter-occupied (43 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Eagle Lake shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Eagle Lake have an average one-way commute time of 22.5 minutes.
Education & Demographics
19.0% of Eagle Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 6.3% of the population being foreign-born.
How Eagle Lake Ranks in Maine
Cost of Living in Eagle Lake, ME
Compared to national averages, Eagle Lake has a median household income of $36,806 (51% below the national median of $75,149). Home values average $102,800, which is 58% below the national median. Monthly rent at $613 is 47% below the US average of $1,163. Within Maine, Eagle Lake's income is 43% below the state average of $64,613, and home values are 59% below the state median of $251,113.
Why Live in Eagle Lake, ME?
Eagle Lake offers affordable housing with a median home value of $102,800, below the US average of $244,900, and rent that’s lower than the national average at $613/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 12.0%, better than the national average, and short commute times averaging just 22.5 minutes.
Potential considerations include median household income ($36,806) that falls below the national average. However, Eagle Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Eagle Lake has a population of 378 with a median age of 63.4 years. Compare Eagle Lake with other cities to see how it stacks up, or explore all cities in Maine.
Similar Cities Near Eagle Lake
Cities in Maine with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Milbridge | 394 | $0 | $216,700 | Compare |
| Northeast Harbor | 410 | $102,500 | $604,200 | Compare |
| Standish | 344 | $0 | $373,100 | Compare |
| Island Falls | 343 | $53,523 | $64,200 | Compare |
| North Anson | 420 | $39,125 | $0 | Compare |
| Mattawamkeag | 428 | $36,042 | $100,800 | Compare |
| Winter Harbor | 321 | $54,063 | $198,700 | Compare |
| Lubec | 320 | $43,750 | $204,100 | 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 Eagle Lake With Other Cities
Frequently Asked Questions about Eagle Lake
What is the population of Eagle Lake, ME?
The population of Eagle Lake, ME is 378 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Maine.
What is the median household income in Eagle Lake?
The median household income in Eagle Lake, ME is $36,806 per year, which is 51% below the national median of $75,149.
What is the median home value in Eagle Lake?
The median home value in Eagle Lake, ME is $102,800, which is 58% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Eagle Lake?
The median monthly rent in Eagle Lake, ME is $613, which is 47% below the national average of $1,163/month.
What is the unemployment rate in Eagle Lake?
The unemployment rate in Eagle Lake, ME is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Eagle Lake, ME a good place to live?
Eagle Lake offers a moderate cost of living, affordable housing, and a strong job market. With a population of 378 and a median age of 63.4, the city appeals to established professionals and retirees.
How educated is Eagle Lake, ME?
19.0% of residents in Eagle Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Eagle Lake?
Key cost-of-living indicators for Eagle Lake, ME: median home value is $102,800 (58% below national), median rent is $613/month, and median household income is $36,806. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Eagle Lake?
The poverty rate in Eagle Lake, ME is 12.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Eagle Lake, ME?
Eagle Lake's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.8% two or more races. 6.3% of residents are foreign-born.