Rangeley, ME
Population 532 · Maine
About Rangeley, ME
Rangeley is a small community located in Maine with a population of 532 residents according to the latest US Census Bureau American Community Survey data. The median household income is $29,231 per year, which is 61% below the national median of $75,149. The median age of 51.6 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 Rangeley features a median home value of $158,300, which is 35% below the national median of $244,900. This positions Rangeley in a moderately priced market relative to the rest of the country. Median monthly rent is $624, 46% below the national average of $1,163/month. Of the 545 total housing units, 53% are owner-occupied (150 units) and 47% are renter-occupied (134 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Rangeley shows an unemployment rate of 8.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 2.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Rangeley have an average one-way commute time of 18.1 minutes, one of the shorter commutes in the region.
Education & Demographics
12.9% of Rangeley 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 0.8% of the population being foreign-born.
How Rangeley Ranks in Maine
Cost of Living in Rangeley, ME
Compared to national averages, Rangeley has a median household income of $29,231 (61% below the national median of $75,149). Home values average $158,300, which is 35% below the national median. Monthly rent at $624 is 46% below the US average of $1,163. Within Maine, Rangeley's income is 55% below the state average of $64,613, and home values are 37% below the state median of $251,113.
Why Live in Rangeley, ME?
Rangeley offers affordable housing with a median home value of $158,300, below the US average of $244,900, and rent that’s lower than the national average at $624/month, and a low poverty rate of 2.3%, better than the national average. Additionally, the city features short commute times averaging just 18.1 minutes.
Potential considerations include median household income ($29,231) that falls below the national average. However, Rangeley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Rangeley has a population of 532 with a median age of 51.6 years. Compare Rangeley with other cities to see how it stacks up, or explore all cities in Maine.
Similar Cities Near Rangeley
Cities in Maine with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Turner | 543 | $67,065 | $229,000 | Compare |
| Bethel | 546 | $0 | $357,100 | Compare |
| Cousins Island | 509 | $121,250 | $634,100 | Compare |
| Danforth | 507 | $40,662 | $89,500 | Compare |
| Brownville Junction | 559 | $41,250 | $81,000 | Compare |
| Patten | 502 | $42,000 | $65,400 | Compare |
| Southwest Harbor | 563 | $31,518 | $407,700 | Compare |
| Sabattus | 497 | $79,125 | $171,300 | 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 Rangeley With Other Cities
Frequently Asked Questions about Rangeley
What is the population of Rangeley, ME?
The population of Rangeley, ME is 532 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 Rangeley?
The median household income in Rangeley, ME is $29,231 per year, which is 61% below the national median of $75,149.
What is the median home value in Rangeley?
The median home value in Rangeley, ME is $158,300, which is 35% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Rangeley?
The median monthly rent in Rangeley, ME is $624, which is 46% below the national average of $1,163/month.
What is the unemployment rate in Rangeley?
The unemployment rate in Rangeley, ME is 8.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Rangeley, ME a good place to live?
Rangeley offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 532 and a median age of 51.6, the city appeals to established professionals and retirees.
How educated is Rangeley, ME?
12.9% of residents in Rangeley 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 Rangeley?
Key cost-of-living indicators for Rangeley, ME: median home value is $158,300 (35% below national), median rent is $624/month, and median household income is $29,231. The home-value-to-income ratio is 5.4x, a moderate figure by national standards.
What is the poverty rate in Rangeley?
The poverty rate in Rangeley, ME is 2.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Rangeley, ME?
Rangeley's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.8% of residents are foreign-born.