Last updated: 2024 BLS data · Page refreshed:
Gorham has a population of 7,593 with a median age of 37.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 7,593 |
| Median Age | 37.4 |
| White | 86.5% |
| Black or African American | 1.5% |
| Asian | 4.0% |
| Hispanic or Latino | 1.8% |
| Other / Two or More Races | 6.2% |
The median household income in Gorham is $128,190, which is 59.0% above the national median of $80,610. The per capita income is $48,200. The poverty rate is 4.7%.
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In Gorham, 96.6% of residents age 25+ have a high school diploma or higher, and 51.5% hold a bachelor's degree or higher (19.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.6% |
| Bachelor's Degree or Higher | 51.5% |
| Graduate or Professional Degree | 19.0% |
The median home value in Gorham is $506,000, above the national median of $303,400. The median monthly rent is $1,573. The homeownership rate is 78.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $506,000 |
| Median Monthly Rent | $1,573 |
| Homeownership Rate | 78.8% |
| Vacancy Rate | 1.7% |
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