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
- Household income is 31% below the state average, indicating significant economic challenges.
- Near full employment with an unemployment rate of just 1.8%.
Old Town Quick Facts
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.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 7,439 | 7,470 | +0.4% |
| Median household income | $49,329 | $51,585 | +4.6% |
| Median home value | $183,200 | $208,100 | +13.6% |
How Old Town Compares
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+)
Old Town Rankings in Maine
Explore Maine Rankings
Other Cities in Penobscot County
| City | Population | Median Income | Poverty | Home 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.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Caribou | 7,382 | $53,709 | $134,100 | 28.8% | 15.5% |
| Rockland | 7,035 | $56,533 | $245,800 | 35.6% | 10.4% |
| Skowhegan | 6,662 | $45,388 | $156,400 | 20.1% | 14.8% |
| Presque Isle | 8,736 | $55,768 | $147,200 | 26.2% | 15.5% |
| Belfast | 6,986 | $67,679 | $340,900 | 42.9% | 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.