Little Falls, ME
Population 735 · Maine
About Little Falls, ME
Little Falls is a small community located in Maine with a population of 735 residents according to the latest US Census Bureau American Community Survey data. The median household income is $129,911 per year, which is 73% above the national median of $75,149. The median age of 35.3 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Little Falls features a median home value of $358,700, which is 46% above the national median of $244,900. This positions Little Falls in a moderately priced market relative to the rest of the country. Median monthly rent is $2,196, 89% above the national average of $1,163/month. Of the 239 total housing units, 69% are owner-occupied (166 units) and 31% are renter-occupied (73 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Little Falls 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 0.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Little Falls have an average one-way commute time of 24.5 minutes.
Education & Demographics
19.8% of Little Falls 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, 1.4% Hispanic or Latino, 0.0% Black or African American, and 0.1% Asian residents, with 25.9% of the population being foreign-born.
How Little Falls Ranks in Maine
Cost of Living in Little Falls, ME
Compared to national averages, Little Falls has a median household income of $129,911 (73% above the national median of $75,149). Home values average $358,700, which is 46% above the national median. Monthly rent at $2,196 is 89% above the US average of $1,163. Within Maine, Little Falls's income is 101% above the state average of $64,613, and home values are 43% above the state median of $251,113.
Why Live in Little Falls, ME?
Little Falls offers a strong local economy with a median household income of $129,911, well above the national average, and a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 0.4%, better than the national average. Additionally, the city features short commute times averaging just 24.5 minutes.
Little Falls has a population of 735 with a median age of 35.3 years. Compare Little Falls with other cities to see how it stacks up, or explore all cities in Maine.
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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 Little Falls
What is the population of Little Falls, ME?
The population of Little Falls, ME is 735 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 Little Falls?
The median household income in Little Falls, ME is $129,911 per year, which is 73% above the national median of $75,149.
What is the median home value in Little Falls?
The median home value in Little Falls, ME is $358,700, which is 46% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Little Falls?
The median monthly rent in Little Falls, ME is $2,196, which is 89% above the national average of $1,163/month.
What is the unemployment rate in Little Falls?
The unemployment rate in Little Falls, 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 Little Falls, ME a good place to live?
Little Falls offers above-average incomes, a competitive housing market, and a strong job market. With a population of 735 and a median age of 35.3, the city appeals to a broad range of residents.
How educated is Little Falls, ME?
19.8% of residents in Little Falls 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 Little Falls?
Key cost-of-living indicators for Little Falls, ME: median home value is $358,700 (46% above national), median rent is $2,196/month, and median household income is $129,911. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Little Falls?
The poverty rate in Little Falls, ME is 0.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Little Falls, ME?
Little Falls's population is 0.0% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 0.1% Asian, and 0.0% two or more races. 25.9% of residents are foreign-born.