Steep Falls, ME
Population 1,720 · Maine
About Steep Falls, ME
Steep Falls is a small community in Maine with a population of 1,720 residents. The median household income is $68,125 per year, which is near the national average. The median age in Steep Falls is 39.3 years.
Housing in Steep Falls has a median home value of $241,000 and median monthly rent of $974. Of the 636 total housing units, the majority are owner-occupied, with 471 owner-occupied and 119 renter-occupied units.
The unemployment rate in Steep Falls is 0.0% and the poverty rate is 16.1%. 7.4% of residents hold a bachelor's degree or higher. The average commute time is 30.7 minutes.
How Steep Falls Ranks in Maine
Cost of Living in Steep Falls, ME
Compared to national averages, Steep Falls has a median household income of $68,125 (9% below the national median of $75,149). Home values average $241,000, which is 2% below the national median. Monthly rent at $974 is 16% below the US average of $1,163. Within Maine, Steep Falls's income is 5% above the state average of $64,613, and home values are 4% below the state median of $251,113.
Why Live in Steep Falls, ME?
Steep Falls offers affordable housing with a median home value of $241,000, below the US average of $244,900, and rent that’s lower than the national average at $974/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($68,125) that falls below the national average. However, Steep Falls’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Steep Falls has a population of 1,720 with a median age of 39.3 years. Compare Steep Falls with other cities to see how it stacks up, or explore all cities in Maine.
Similar Cities Near Steep Falls
Cities in Maine with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dixfield | 1,770 | $56,250 | $147,900 | Compare |
| Bridgton | 1,666 | $58,992 | $239,200 | Compare |
| Fryeburg | 1,665 | $61,944 | $268,100 | Compare |
| Fort Fairfield | 1,632 | $46,654 | $145,800 | Compare |
| North Berwick | 1,811 | $54,612 | $296,300 | Compare |
| Wilton | 1,822 | $55,721 | $163,500 | Compare |
| Van Buren | 1,614 | $35,200 | $90,200 | Compare |
| Dexter | 1,840 | $51,667 | $153,200 | 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.
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Frequently Asked Questions about Steep Falls
What is the population of Steep Falls, ME?
The population of Steep Falls, ME is 1,720 according to the latest Census data.
What is the median household income in Steep Falls?
The median household income in Steep Falls, ME is $68,125 per year.
What is the median home value in Steep Falls?
The median home value in Steep Falls, ME is $241,000.
What is the average rent in Steep Falls?
The median monthly rent in Steep Falls, ME is $974.
What is the unemployment rate in Steep Falls?
The unemployment rate in Steep Falls, ME is 0.0%.