Topsham, ME
Population 6,962 · Maine
About Topsham, ME
Topsham is a small town located in Maine with a population of 6,962 residents according to the latest US Census Bureau American Community Survey data. The median household income is $80,545 per year, which is 7% above the national median of $75,149. The median age of 46.3 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 Topsham features a median home value of $341,800, which is 40% above the national median of $244,900. This positions Topsham in a moderately priced market relative to the rest of the country. Median monthly rent is $1,211, 4% above the national average of $1,163/month. Of the 3,129 total housing units, 74% are owner-occupied (2,196 units) and 26% are renter-occupied (769 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Topsham shows an unemployment rate of 4.9%, which is near the national rate of 3.7%. The poverty rate stands at 8.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Topsham have an average one-way commute time of 22.3 minutes.
Education & Demographics
46.3% of Topsham 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 1.4% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 2.3% of the population being foreign-born.
How Topsham Ranks in Maine
Cost of Living in Topsham, ME
Compared to national averages, Topsham has a median household income of $80,545 (7% above the national median of $75,149). Home values average $341,800, which is 40% above the national median. Monthly rent at $1,211 is 4% above the US average of $1,163. Within Maine, Topsham's income is 25% above the state average of $64,613, and home values are 36% above the state median of $251,113.
Why Live in Topsham, ME?
Topsham offers a strong local economy with a median household income of $80,545, well above the national average, and a well-educated community where 46.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.5%, better than the national average. Additionally, the city features short commute times averaging just 22.3 minutes.
Topsham has a population of 6,962 with a median age of 46.3 years. Compare Topsham with other cities to see how it stacks up, or explore all cities in Maine.
Similar Cities Near Topsham
Cities in Maine with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Belfast | 6,985 | $61,322 | $307,700 | Compare |
| Rockland | 6,991 | $55,276 | $234,400 | Compare |
| Skowhegan | 6,638 | $46,625 | $138,600 | Compare |
| Gorham | 7,365 | $125,058 | $459,000 | Compare |
| Caribou | 7,427 | $54,271 | $120,300 | Compare |
| Old Town | 7,439 | $49,329 | $183,200 | Compare |
| Yarmouth | 6,293 | $92,311 | $506,300 | Compare |
| Gardiner | 6,047 | $58,152 | $198,100 | 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 Topsham With Other Cities
Frequently Asked Questions about Topsham
What is the population of Topsham, ME?
The population of Topsham, ME is 6,962 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 Topsham?
The median household income in Topsham, ME is $80,545 per year, which is 7% above the national median of $75,149.
What is the median home value in Topsham?
The median home value in Topsham, ME is $341,800, which is 40% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Topsham?
The median monthly rent in Topsham, ME is $1,211, which is 4% above the national average of $1,163/month.
What is the unemployment rate in Topsham?
The unemployment rate in Topsham, ME is 4.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Topsham, ME a good place to live?
Topsham offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 6,962 and a median age of 46.3, the city appeals to established professionals and retirees.
How educated is Topsham, ME?
46.3% of residents in Topsham 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 Topsham?
Key cost-of-living indicators for Topsham, ME: median home value is $341,800 (40% above national), median rent is $1,211/month, and median household income is $80,545. The home-value-to-income ratio is 4.2x, a moderate figure by national standards.
What is the poverty rate in Topsham?
The poverty rate in Topsham, ME is 8.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Topsham, ME?
Topsham's population is 1.4% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 0.0% two or more races. 2.3% of residents are foreign-born.