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Old Town, Maine Demographics & Population 2026

During the 2020–2024 ACS period, Old Town, Maine had a total population of 7,470, the 20th largest city in Maine, with a median household income of $51,585, which is 31% lower than the state average. The poverty rate is 21.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Old Town Quick Facts

Population 7,470
Median Household Income $51,585
Median Home Value $208,100
Poverty Rate 21.3%
Unemployment Rate 1.8%
Median Age 37.0 years
Homeownership Rate 59.3%
Affordability Ratio 4.0x
Bachelor's Degree or Higher 36.8%
High School Graduation Rate 98.7%
Diversity Index 20/100
Population 7,470 20th of 155
Median Income $51,585 bottom 30%
Poverty Rate 21.3% 71% higher than national
Median Home Value $208,100 average

How Old Town Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population7,4397,470+0.4%
Median household income$49,329$51,585+4.6%
Median home value$183,200$208,100+13.6%

How Old Town Compares

Economy & Housing

Household Income Distribution

Under $25K 19.9%
$25K-$50K 27.6%
$50K-$100K 22.9%
$100K+ 29.5%
Detailed income brackets
Under $10K
7.0%
$10K-$15K
8.3%
$15K-$20K
2.8%
$20K-$25K
1.8%
$25K-$30K
5.6%
$30K-$35K
6.1%
$35K-$40K
6.0%
$40K-$45K
2.1%
$45K-$50K
7.8%
$50K-$60K
6.3%
$60K-$75K
6.6%
$75K-$100K
10.1%
$100K-$125K
12.2%
$125K-$150K
2.0%
$150K-$200K
11.3%
$200K+
4.1%

Employment

1.8% Unemployment Rate State: 3.8%|National: 5.2%
65.0% Labor Force Participation

Housing Overview

Owner 59.3%
Renter 40.7%
Affordability Index Moderate
4.0x home value to income ratio
Median gross rent $989/mo 23.0% of median household income annually

People & Demographics

Diversity Index

20out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 19 | National average: 61

Education

Old Town Rankings in Maine

#20 Population of 155
#109 Median Income of 144
#58 Education of 155
#89 Home Value of 153

Other Cities in Penobscot County

CityPopulationMedian IncomePovertyHome Value
Bangor 31,938 $59,942 17.9% $219,600
Orono 11,151 $59,784 27.0% $262,900
Brewer 9,652 $66,613 12.5% $245,300
Hampden 5,161 $112,228 7.7% $285,900
Millinocket 3,779 $50,445 18.7% $99,800
Lincoln 2,954 $49,097 21.0% $142,100
Milford 2,269 $85,052 0.0% $154,900
Dexter 1,852 $53,654 17.7% $138,200
Veazie 1,847 $78,229 7.5% $293,100
Newport 1,730 $45,127 18.4% $187,700

Cities Similar to Old Town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Caribou7,382$53,709$134,10028.8%15.5%
Rockland7,035$56,533$245,80035.6%10.4%
Skowhegan6,662$45,388$156,40020.1%14.8%
Presque Isle8,736$55,768$147,20026.2%15.5%
Belfast6,986$67,679$340,90042.9%16.1%

Population Overview

Old Town is a small city located in Maine, within Penobscot County. The total population is 7,470. It ranks as the 20th most populous out of 155 Census-designated places in Maine.

Age Demographics

The median age in Old Town is 37.0 years. This is 17% lower than the state median of 44.8 years.

Economy, Income & Housing

The median household income in Old Town is $51,585. This is 31% lower than the state median of $74,733. It is also 36% lower than the national median of $80,734. The poverty rate stands at 21.3%. This is 98% higher than the state poverty rate of 10.8%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 1.8%. This is 53% lower than the state rate of 3.8%. The median home value is $208,100. Housing costs are 30% lower than the state median of $296,600. The home-value-to-income ratio is 4.0x. 59.3% of occupied housing units are owner-occupied. This homeownership rate is 20% lower than the state average of 74.3%.

Race & Ethnicity

Old Town has a predominantly White (non-Hispanic) population, comprising 89.3% of all residents. Black or African American residents account for 3.3%. The Black or African American population is significantly higher than the state average (3.3% vs 1.8%).

Education

36.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 2% 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 98.7%. Notably, 20.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Old Town, 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 Old Town, Maine?

Old Town, Maine has a population of 7,470 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Old Town, ME?

The median household income in Old Town is $51,585, which is 36% lower than the national median of $80,734.

What is the poverty rate in Old Town, ME?

The poverty rate in Old Town is 21.3%. This means approximately 1,577 residents live below the federal poverty line.

What is the racial makeup of Old Town, Maine?

Old Town's population is 89.3% White, 3.3% Black, 2.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Old Town, ME?

The median home value in Old Town is $208,100. The home-value-to-income ratio is 4.0x.

How educated is Old Town, Maine?

36.8% of adults (25+) in Old Town hold a bachelor's degree or higher, and 20.7% hold a graduate or professional degree.