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Old, Maine

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
7,470
Population
$51,585
Median Income
$208,100
Home Value
37.0
Median Age

Demographics

Old has a population of 7,470 with a median age of 37.0. Here is the racial and ethnic breakdown of the population:

White
89.9%
Other
4.2%
Black
3.3%
Hispanic
2.4%
Demographic Value
Total Population7,470
Median Age37.0
White89.9%
Black or African American3.3%
Asian0.2%
Hispanic or Latino2.4%
Other / Two or More Races4.2%
Old, Maine — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 89.9%Other: 4.2%Black: 3.3%Hispanic/Latino: 2.4%Other: 0.2%7,470PopulationWhiteWhite89.9%OtherOther4.2%BlackBlack3.3%Hispanic/LatinoHispanic/Latino2.4%OtherOther0.2%

Income & Economy

The median household income in Old is $51,585, which is 36.0% below the national median of $80,610. The per capita income is $32,781. The poverty rate is 21.3%.

$51,585
Median Household Income
$32,781
Per Capita Income
21.3%
Poverty Rate

Employment

The unemployment rate in Old is 2.9%, compared to the national rate of 4.1%.

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Education

In Old, 98.7% of residents age 25+ have a high school diploma or higher, and 36.8% hold a bachelor's degree or higher (20.7% with a graduate or professional degree).

HS Diploma+
98.7%
Bachelor's+
36.8%
Graduate+
20.7%
Education Level % of Adults (25+)
High School Diploma or Higher98.7%
Bachelor's Degree or Higher36.8%
Graduate or Professional Degree20.7%

Housing

The median home value in Old is $208,100, below the national median of $303,400. The median monthly rent is $989. The homeownership rate is 59.3%.

$208,100
Median Home Value
$989/mo
Median Rent
59.3%
Homeownership Rate
Housing Metric Value
Median Home Value$208,100
Median Monthly Rent$989
Homeownership Rate59.3%
Vacancy Rate13.2%

Salaries in Maine

Explore salary data for popular occupations in Maine:

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Other Cities in Maine

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Frequently Asked Questions

What is the population of Old, Maine?
The population of Old, Maine is 7,470 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Old, Maine?
The median household income in Old, Maine is $51,585. This is 36.0% below the national median of $80,610.
What is the median home value in Old, Maine?
The median home value in Old, Maine is $208,100. The median monthly rent is $989.
What percentage of people in Old have a college degree?
In Old, Maine, 36.8% of adults age 25 and older hold a bachelor's degree or higher, and 98.7% have a high school diploma or higher.
Is Old, Maine an affordable place to live?
The home price-to-income ratio in Old, Maine is 4.0x (median home value $208,100 vs. median income $51,585), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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