Washburn, ME
Population 958 · Maine
About Washburn, ME
Washburn is a small community located in Maine with a population of 958 residents according to the latest US Census Bureau American Community Survey data. The median household income is $39,688 per year, which is 47% below the national median of $75,149. The median age of 40.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Washburn features a median home value of $89,600, which is 63% below the national median of $244,900. This makes Washburn one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $433, 63% below the national average of $1,163/month. Of the 490 total housing units, 72% are owner-occupied (298 units) and 28% are renter-occupied (117 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Washburn shows an unemployment rate of 10.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 14.9%, above the national average of 12.4%. Workers in Washburn have an average one-way commute time of 25.5 minutes.
Education & Demographics
23.7% of Washburn residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 1.6% Hispanic or Latino, 0.4% Black or African American, and 1.7% Asian residents, with 6.3% of the population being foreign-born.
How Washburn Ranks in Maine
Cost of Living in Washburn, ME
Compared to national averages, Washburn has a median household income of $39,688 (47% below the national median of $75,149). Home values average $89,600, which is 63% below the national median. Monthly rent at $433 is 63% below the US average of $1,163. Within Maine, Washburn'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 Washburn, ME?
Washburn offers affordable housing with a median home value of $89,600, below the US average of $244,900, and rent that’s lower than the national average at $433/month.
Potential considerations include median household income ($39,688) that falls below the national average. However, Washburn’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Washburn has a population of 958 with a median age of 40.9 years. Compare Washburn with other cities to see how it stacks up, or explore all cities in Maine.
Similar Cities Near Washburn
Cities in Maine with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Boothbay Harbor | 948 | $57,679 | $339,300 | Compare |
| Mars Hill | 934 | $46,667 | $126,200 | Compare |
| Castine | 926 | $143,229 | $658,200 | Compare |
| Kittery Point | 1,008 | $138,185 | $454,900 | Compare |
| Greenville | 883 | $52,991 | $192,600 | Compare |
| Greene | 882 | $110,417 | $232,500 | Compare |
| Clinton | 1,043 | $74,706 | $146,800 | Compare |
| Winterport | 1,043 | $72,708 | $237,900 | 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 Washburn With Other Cities
Frequently Asked Questions about Washburn
What is the population of Washburn, ME?
The population of Washburn, ME is 958 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 Washburn?
The median household income in Washburn, ME is $39,688 per year, which is 47% below the national median of $75,149.
What is the median home value in Washburn?
The median home value in Washburn, ME is $89,600, which is 63% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Washburn?
The median monthly rent in Washburn, ME is $433, which is 63% below the national average of $1,163/month.
What is the unemployment rate in Washburn?
The unemployment rate in Washburn, ME is 10.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Washburn, ME a good place to live?
Washburn offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 958 and a median age of 40.9, the city appeals to a broad range of residents.
How educated is Washburn, ME?
23.7% of residents in Washburn 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 Washburn?
Key cost-of-living indicators for Washburn, ME: median home value is $89,600 (63% below national), median rent is $433/month, and median household income is $39,688. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Washburn?
The poverty rate in Washburn, ME is 14.9%, 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 Washburn, ME?
Washburn's population is 0.0% White, 1.6% Hispanic or Latino, 0.4% Black or African American, 1.7% Asian, and 0.0% two or more races. 6.3% of residents are foreign-born.