Limestone, ME
Population 1,120 · Maine
About Limestone, ME
Limestone is a small town located in Maine with a population of 1,120 residents according to the latest US Census Bureau American Community Survey data. The median household income is $39,667 per year, which is 47% below the national median of $75,149. The median age of 49 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 Limestone features a median home value of $91,500, which is 63% below the national median of $244,900. This makes Limestone one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $580, 50% below the national average of $1,163/month. Of the 569 total housing units, 62% are owner-occupied (304 units) and 38% are renter-occupied (184 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Limestone shows an unemployment rate of 2.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 16.7%, above the national average of 12.4%. Workers in Limestone have an average one-way commute time of 20.2 minutes.
Education & Demographics
16.4% of Limestone 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, 6.5% Hispanic or Latino, 0.1% Black or African American, and 0.0% Asian residents, with 5.7% of the population being foreign-born.
How Limestone Ranks in Maine
Cost of Living in Limestone, ME
Compared to national averages, Limestone has a median household income of $39,667 (47% below the national median of $75,149). Home values average $91,500, which is 63% below the national median. Monthly rent at $580 is 50% below the US average of $1,163. Within Maine, Limestone's income is 39% below the state average of $64,613, and home values are 64% below the state median of $251,113.
Why Live in Limestone, ME?
Limestone offers affordable housing with a median home value of $91,500, below the US average of $244,900, and rent that’s lower than the national average at $580/month, and a strong job market with an unemployment rate of just 2.5%. Additionally, the city features short commute times averaging just 20.2 minutes.
Potential considerations include median household income ($39,667) that falls below the national average. However, Limestone’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Limestone has a population of 1,120 with a median age of 49 years. Compare Limestone with other cities to see how it stacks up, or explore all cities in Maine.
Similar Cities Near Limestone
Cities in Maine with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Chisholm | 1,115 | $59,524 | $131,000 | Compare |
| Oxford | 1,135 | $73,088 | $175,600 | Compare |
| Norridgewock | 1,155 | $0 | $173,000 | Compare |
| Cornish | 1,080 | $68,561 | $0 | Compare |
| Damariscotta | 1,172 | $63,696 | $387,200 | Compare |
| Blue Hill | 1,066 | $0 | $343,000 | Compare |
| Woodland | 1,059 | $46,346 | $77,900 | Compare |
| South Windham | 1,047 | $128,108 | $325,700 | 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 Limestone With Other Cities
Frequently Asked Questions about Limestone
What is the population of Limestone, ME?
The population of Limestone, ME is 1,120 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 Limestone?
The median household income in Limestone, ME is $39,667 per year, which is 47% below the national median of $75,149.
What is the median home value in Limestone?
The median home value in Limestone, ME is $91,500, which is 63% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Limestone?
The median monthly rent in Limestone, ME is $580, which is 50% below the national average of $1,163/month.
What is the unemployment rate in Limestone?
The unemployment rate in Limestone, ME is 2.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Limestone, ME a good place to live?
Limestone offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,120 and a median age of 49, the city appeals to established professionals and retirees.
How educated is Limestone, ME?
16.4% of residents in Limestone 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 Limestone?
Key cost-of-living indicators for Limestone, ME: median home value is $91,500 (63% below national), median rent is $580/month, and median household income is $39,667. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Limestone?
The poverty rate in Limestone, ME is 16.7%, 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 Limestone, ME?
Limestone's population is 0.0% White, 6.5% Hispanic or Latino, 0.1% Black or African American, 0.0% Asian, and 1.2% two or more races. 5.7% of residents are foreign-born.