Falmouth, Maine Demographics & Population 2026
During the 2020–2024 ACS period, Falmouth, Maine had a total population of 1,585, the 81st largest community in Maine, with a median household income of $101,484, which is 36% higher than the state average. The poverty rate is 2.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 36% above the state average — one of the wealthiest communities in Maine.
- An exceptionally low poverty rate of 2.4% — among the lowest in Maine.
- 69.3% of adults hold a bachelor's degree or higher — top 10% in Maine.
- Housing affordability is a challenge — homes cost 8.2x the median household income.
- Near full employment with an unemployment rate of just 1.2%.
Falmouth Quick Facts
How Falmouth Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,447 | 1,585 | +9.5% |
| Median household income | $89,625 | $101,484 | +13.2% |
| Median home value | $737,300 | $833,300 | +13.0% |
How Falmouth Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 19 | National average: 61
Education
Educational Attainment (Adults 25+)
Falmouth Rankings in Maine
Explore Maine Rankings
Other Cities in Cumberland County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Portland | 68,854 | $79,540 | 11.2% | $489,600 |
| South Portland | 26,930 | $86,838 | 6.9% | $441,200 |
| Westbrook | 20,775 | $85,038 | 8.0% | $383,300 |
| Brunswick | 17,652 | $70,722 | 8.6% | $363,200 |
| Gorham | 7,593 | $128,190 | 4.7% | $506,000 |
| Yarmouth | 6,289 | $93,575 | 12.9% | $576,900 |
| Oak Hill | 5,631 | $97,610 | 5.0% | $429,100 |
| North Windham | 5,417 | $88,522 | 6.1% | $342,800 |
| Cumberland Center | 2,790 | $170,125 | 8.6% | $539,500 |
| Dunstan | 2,363 | $91,067 | 13.4% | $539,000 |
Cities Similar to Falmouth
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| North Berwick | 1,702 | $98,317 | $346,900 | 23.3% | 4.2% |
| Randolph | 1,610 | $66,574 | $174,300 | 16.9% | 15.7% |
| West Kennebunk | 1,395 | $124,167 | $554,100 | 51.2% | 7.1% |
| Dixfield | 1,738 | $70,608 | $171,500 | 28.3% | 14.3% |
| Waldoboro | 1,459 | $68,895 | $291,600 | 25.1% | 10.6% |
Population Overview
Falmouth is a small community located in Maine, within Cumberland County. The total population is 1,585. It ranks as the 81st most populous out of 155 Census-designated places in Maine.
Age Demographics
The median age in Falmouth is 59.5 years. This is 33% higher than the state median of 44.8 years. 19.9% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Falmouth is $101,484. This is 36% higher than the state median of $74,733. It is also 26% higher than the national median of $80,734. The poverty rate stands at 2.4%. This is 78% lower than the state poverty rate of 10.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.2%. This is 69% lower than the state rate of 3.8%. The median home value is $833,300. Housing costs are 181% higher than the state median of $296,600. The home-value-to-income ratio of 8.2x suggests that housing affordability is a significant concern for many residents. 68.3% of occupied housing units are owner-occupied. This homeownership rate is 8% lower than the state average of 74.3%.
Race & Ethnicity
Falmouth has a predominantly White (non-Hispanic) population, comprising 85.4% of all residents. Hispanic or Latino residents account for 3.5%. The Hispanic or Latino population is significantly higher than the state average (3.5% vs 2.2%).
Education
69.3% of residents aged 25 and older hold a bachelor's degree or higher. This places Falmouth in the top 10% of all cities in the state for educational attainment. This is 92% higher than the state rate of 36.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.5%. Notably, 44.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Falmouth, Maine is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Maine state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 155 Census-designated places in Maine. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Falmouth, Maine?
Falmouth, Maine has a population of 1,585 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Falmouth, ME?
The median household income in Falmouth is $101,484, which is 26% higher than the national median of $80,734.
What is the poverty rate in Falmouth, ME?
The poverty rate in Falmouth is 2.4%. This means approximately 37 residents live below the federal poverty line.
What is the racial makeup of Falmouth, Maine?
Falmouth's population is 85.4% White, 1.8% Black, 3.5% Hispanic/Latino, and 1.3% Asian.
What is the median home value in Falmouth, ME?
The median home value in Falmouth is $833,300. The home-value-to-income ratio is 8.2x.
How educated is Falmouth, Maine?
69.3% of adults (25+) in Falmouth hold a bachelor's degree or higher, and 44.0% hold a graduate or professional degree.