Falmouth

Population: 1,447
Median household income: $89,625
Median home value: $737,300

Falmouth is a community in Cumberland County, Maine, home to 1,447 residents. The median household income of $89,625 is in line with the Cumberland County median ($92,983).

From 2019 to 2023, Falmouth's population declined 25.8% from 1,949 to 1,447, while its median home value rose 72.0% from $428,700 to $737,300.

69.3% of workers drive to work alone. 58.5% of homes are single-family detached houses.

Demographics

ACS 2019–2023

Population: 1,447
Median age: 62.3 yrs
Median household income: $89,625
Median home value: $737,300
Median gross rent: $1,441
Housing units: 800
Homeownership rate: 67.8%
Bachelor's degree or higher: 64.8%
Unemployment rate: 4.1%

Trends

ACS 5-year · 2019–2023

Population

1,9491,447

Median household income

$99,861$89,625

Median home value

$428,700$737,300

Median gross rent

$1,356$1,441

Year	Population	Median household income	Median home value	Median gross rent
2019	1,949	$99,861	$428,700	$1,356
2020	1,877	$99,605	$436,400	$998
2021	1,728	$104,100	$469,300	$1,420
2022	1,620	$112,596	$635,400	$1,317
2023	1,447	$89,625	$737,300	$1,441

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.6%

5 to 178.9%

18 to 241.5%

25 to 346.5%

35 to 448.1%

45 to 5410.8%

55 to 6421.1%

65 to 7419.5%

75 and over20.1%

	Count	Share
Under 5	52	3.6%
5 to 17	129	8.9%
18 to 24	21	1.5%
25 to 34	94	6.5%
35 to 44	117	8.1%
45 to 54	156	10.8%
55 to 64	305	21.1%
65 to 74	282	19.5%
75 and over	291	20.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,389	96.0%
Black or African American	15	1.0%
American Indian & Alaska Native	0	0.0%
Asian	25	1.7%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	18	1.2%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma1.2%

High school graduate18.1%

Some college or associate's15.9%

Bachelor's degree30.1%

Graduate or professional degree34.7%

	Count	Share
No high school diploma	15	1.2%
High school graduate	225	18.1%
Some college or associate's	198	15.9%
Bachelor's degree	375	30.1%
Graduate or professional degree	432	34.7%

Commute to work

Mean travel time to work: 18 min

Drove alone69.3%

Carpooled5.5%

Public transit1.5%

Walked0.0%

Bicycle0.0%

Worked from home23.8%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	419	69.3%
Carpooled	33	5.5%
Public transit	9	1.5%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	144	23.8%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	183	39.7%
15 to 29 min	191	41.4%
30 to 44 min	50	10.8%
45 to 59 min	30	6.5%
60+ min	7	1.5%

Households

Average household size: 1.94
Poverty rate: 4.6% (66 of 1,439)

	Count	Share
Family households	369	49.5%
Nonfamily households	377	50.5%

Housing

Median year structure built: 1969

Occupancy

	Count	Share
Occupied	746	93.3%
Vacant	54	6.8%

Tenure (of occupied units)

	Count	Share
Owner-occupied	506	67.8%
Renter-occupied	240	32.2%

1-unit, detached58.5%

1-unit, attached12.9%

2 to 4 units8.5%

5 to 19 units11.3%

20 or more units8.9%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	468	58.5%
1-unit, attached	103	12.9%
2 to 4 units	68	8.5%
5 to 19 units	90	11.3%
20 or more units	71	8.9%
Mobile home & other	0	0.0%

Geography

Place GEOID: 2324480
Type (LSAD): 57
Land area: 2.4 sq mi
Water area: 0.75 sq mi
Center point: 43.7160, -70.2311