Yarmouth, ME
Population 6,293 · Maine
About Yarmouth, ME
Yarmouth is a small town located in Maine with a population of 6,293 residents according to the latest US Census Bureau American Community Survey data. The median household income is $92,311 per year, which is 23% above the national median of $75,149. The median age of 38.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Yarmouth features a median home value of $506,300, which is 107% above the national median of $244,900. This places Yarmouth in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,694, 46% above the national average of $1,163/month. Of the 2,462 total housing units, 70% are owner-occupied (1,697 units) and 30% are renter-occupied (736 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Yarmouth shows an unemployment rate of 5.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 12.4%, above the national average of 12.4%. Workers in Yarmouth have an average one-way commute time of 24.5 minutes.
Education & Demographics
64.2% of Yarmouth 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 0.5% White, 0.3% Hispanic or Latino, 0.5% Black or African American, and 0.9% Asian residents, with 4.4% of the population being foreign-born.
How Yarmouth Ranks in Maine
Cost of Living in Yarmouth, ME
Compared to national averages, Yarmouth has a median household income of $92,311 (23% above the national median of $75,149). Home values average $506,300, which is 107% above the national median. Monthly rent at $1,694 is 46% above the US average of $1,163. Within Maine, Yarmouth's income is 43% above the state average of $64,613, and home values are 102% above the state median of $251,113.
Why Live in Yarmouth, ME?
Yarmouth offers a strong local economy with a median household income of $92,311, well above the national average, and a well-educated community where 64.2% of residents hold a bachelor’s degree or higher, and short commute times averaging just 24.5 minutes.
Potential considerations include a competitive housing market where the typical home costs $506,300. However, Yarmouth’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Yarmouth has a population of 6,293 with a median age of 38.3 years. Compare Yarmouth with other cities to see how it stacks up, or explore all cities in Maine.
Similar Cities Near Yarmouth
Cities in Maine with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Gardiner | 6,047 | $58,152 | $198,100 | Compare |
| Kennebunk | 6,008 | $93,167 | $429,600 | Compare |
| Skowhegan | 6,638 | $46,625 | $138,600 | Compare |
| Winslow | 5,701 | $56,506 | $200,100 | Compare |
| North Windham | 5,633 | $86,972 | $309,900 | Compare |
| Topsham | 6,962 | $80,545 | $341,800 | Compare |
| Belfast | 6,985 | $61,322 | $307,700 | Compare |
| Rockland | 6,991 | $55,276 | $234,400 | 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 Yarmouth With Other Cities
Frequently Asked Questions about Yarmouth
What is the population of Yarmouth, ME?
The population of Yarmouth, ME is 6,293 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 Yarmouth?
The median household income in Yarmouth, ME is $92,311 per year, which is 23% above the national median of $75,149.
What is the median home value in Yarmouth?
The median home value in Yarmouth, ME is $506,300, which is 107% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Yarmouth?
The median monthly rent in Yarmouth, ME is $1,694, which is 46% above the national average of $1,163/month.
What is the unemployment rate in Yarmouth?
The unemployment rate in Yarmouth, ME is 5.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Yarmouth, ME a good place to live?
Yarmouth offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 6,293 and a median age of 38.3, the city appeals to a broad range of residents.
How educated is Yarmouth, ME?
64.2% of residents in Yarmouth 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 Yarmouth?
Key cost-of-living indicators for Yarmouth, ME: median home value is $506,300 (107% above national), median rent is $1,694/month, and median household income is $92,311. The home-value-to-income ratio is 5.5x, a moderate figure by national standards.
What is the poverty rate in Yarmouth?
The poverty rate in Yarmouth, ME is 12.4%, 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 Yarmouth, ME?
Yarmouth's population is 0.5% White, 0.3% Hispanic or Latino, 0.5% Black or African American, 0.9% Asian, and 1.0% two or more races. 4.4% of residents are foreign-born.