Wiscasset, ME
Population 1,273 · Maine
About Wiscasset, ME
Wiscasset is a small town located in Maine with a population of 1,273 residents according to the latest US Census Bureau American Community Survey data. The median household income is $91,477 per year, which is 22% above the national median of $75,149. The median age of 47.8 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 Wiscasset features a median home value of $281,700, which is 15% above the national median of $244,900. This positions Wiscasset in a moderately priced market relative to the rest of the country. Median monthly rent is $1,517, 30% above the national average of $1,163/month. Of the 650 total housing units, 67% are owner-occupied (359 units) and 33% are renter-occupied (174 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Wiscasset 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 7.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Wiscasset have an average one-way commute time of 19.5 minutes, one of the shorter commutes in the region.
Education & Demographics
39.2% of Wiscasset 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, 0.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.7% of the population being foreign-born.
How Wiscasset Ranks in Maine
Cost of Living in Wiscasset, ME
Compared to national averages, Wiscasset has a median household income of $91,477 (22% above the national median of $75,149). Home values average $281,700, which is 15% above the national median. Monthly rent at $1,517 is 30% above the US average of $1,163. Within Maine, Wiscasset's income is 42% above the state average of $64,613, and home values are 12% above the state median of $251,113.
Why Live in Wiscasset, ME?
Wiscasset offers a strong local economy with a median household income of $91,477, well above the national average, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 39.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.5%, better than the national average, and short commute times averaging just 19.5 minutes.
Wiscasset has a population of 1,273 with a median age of 47.8 years. Compare Wiscasset with other cities to see how it stacks up, or explore all cities in Maine.
Similar Cities Near Wiscasset
Cities in Maine with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Searsport | 1,264 | $62,159 | $292,100 | Compare |
| Livermore Falls | 1,250 | $34,091 | $0 | Compare |
| Eastport | 1,230 | $46,205 | $148,200 | Compare |
| Howland | 1,208 | $48,021 | $101,900 | Compare |
| West Kennebunk | 1,367 | $101,761 | $514,700 | Compare |
| Damariscotta | 1,172 | $63,696 | $387,200 | Compare |
| Norridgewock | 1,155 | $0 | $173,000 | Compare |
| Machias | 1,395 | $28,047 | $117,800 | 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 Wiscasset With Other Cities
Frequently Asked Questions about Wiscasset
What is the population of Wiscasset, ME?
The population of Wiscasset, ME is 1,273 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 Wiscasset?
The median household income in Wiscasset, ME is $91,477 per year, which is 22% above the national median of $75,149.
What is the median home value in Wiscasset?
The median home value in Wiscasset, ME is $281,700, which is 15% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wiscasset?
The median monthly rent in Wiscasset, ME is $1,517, which is 30% above the national average of $1,163/month.
What is the unemployment rate in Wiscasset?
The unemployment rate in Wiscasset, 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 Wiscasset, ME a good place to live?
Wiscasset offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,273 and a median age of 47.8, the city appeals to established professionals and retirees.
How educated is Wiscasset, ME?
39.2% of residents in Wiscasset 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 Wiscasset?
Key cost-of-living indicators for Wiscasset, ME: median home value is $281,700 (15% above national), median rent is $1,517/month, and median household income is $91,477. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Wiscasset?
The poverty rate in Wiscasset, ME is 7.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Wiscasset, ME?
Wiscasset's population is 0.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 4.4% two or more races. 1.7% of residents are foreign-born.