Gorham, ME
Population 7,365 · Maine
About Gorham, ME
Gorham is a small town located in Maine with a population of 7,365 residents according to the latest US Census Bureau American Community Survey data. The median household income is $125,058 per year, which is 66% above the national median of $75,149. The median age of 38.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Gorham features a median home value of $459,000, which is 87% above the national median of $244,900. This places Gorham in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,518, 31% above the national average of $1,163/month. Of the 2,559 total housing units, 79% are owner-occupied (1,984 units) and 21% are renter-occupied (518 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Gorham shows an unemployment rate of 3.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Gorham have an average one-way commute time of 32.6 minutes.
Education & Demographics
51.1% of Gorham residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.3% White, 1.7% Hispanic or Latino, 0.6% Black or African American, and 1.0% Asian residents, with 7.4% of the population being foreign-born.
How Gorham Ranks in Maine
Cost of Living in Gorham, ME
Compared to national averages, Gorham has a median household income of $125,058 (66% above the national median of $75,149). Home values average $459,000, which is 87% above the national median. Monthly rent at $1,518 is 31% above the US average of $1,163. Within Maine, Gorham's income is 94% above the state average of $64,613, and home values are 83% above the state median of $251,113.
Why Live in Gorham, ME?
Gorham offers a strong local economy with a median household income of $125,058, well above the national average, and a strong job market with an unemployment rate of just 3.1%, and a well-educated community where 51.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 1.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $459,000. However, Gorham’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Gorham has a population of 7,365 with a median age of 38.2 years. Compare Gorham with other cities to see how it stacks up, or explore all cities in Maine.
Similar Cities Near Gorham
Cities in Maine with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Caribou | 7,427 | $54,271 | $120,300 | Compare |
| Old Town | 7,439 | $49,329 | $183,200 | Compare |
| Rockland | 6,991 | $55,276 | $234,400 | Compare |
| Belfast | 6,985 | $61,322 | $307,700 | Compare |
| Topsham | 6,962 | $80,545 | $341,800 | Compare |
| Skowhegan | 6,638 | $46,625 | $138,600 | Compare |
| Yarmouth | 6,293 | $92,311 | $506,300 | Compare |
| Ellsworth | 8,550 | $70,990 | $214,500 | 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 Gorham With Other Cities
Frequently Asked Questions about Gorham
What is the population of Gorham, ME?
The population of Gorham, ME is 7,365 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Maine.
What is the median household income in Gorham?
The median household income in Gorham, ME is $125,058 per year, which is 66% above the national median of $75,149.
What is the median home value in Gorham?
The median home value in Gorham, ME is $459,000, which is 87% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Gorham?
The median monthly rent in Gorham, ME is $1,518, which is 31% above the national average of $1,163/month.
What is the unemployment rate in Gorham?
The unemployment rate in Gorham, ME is 3.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Gorham, ME a good place to live?
Gorham offers above-average incomes, a competitive housing market, and a strong job market. With a population of 7,365 and a median age of 38.2, the city appeals to a broad range of residents.
How educated is Gorham, ME?
51.1% of residents in Gorham 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 Gorham?
Key cost-of-living indicators for Gorham, ME: median home value is $459,000 (87% above national), median rent is $1,518/month, and median household income is $125,058. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Gorham?
The poverty rate in Gorham, ME is 1.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Gorham, ME?
Gorham's population is 0.3% White, 1.7% Hispanic or Latino, 0.6% Black or African American, 1.0% Asian, and 2.0% two or more races. 7.4% of residents are foreign-born.