Old Town, Maine 

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Population

7,415

-8.8% since 2020

Unemployment Rate

4.2%

Cost of Living

82.7 / 100

Median Home Price

$198,200

Median Income

$43,474

Comfort Index (Climate)

9.2 / 3.9

summer / winter

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Best Places to Live in Old Town, Maine

Living in Old Town, ME can be a great experience. It is a small and friendly place with old brick buildings and narrow cobblestone streets. There are plenty of local attractions to explore, like the Old Town Mill which dates back to the late 1800s. The warm summer months bring countless outdoor activities, such as boating, fishing, and swimming in the Penobscot River. Winter brings its own unique sights as well, such as snow-covered hills and trees that stay frosty until April. The pace of life here is slower than most places – it’s not uncommon to spend hours sitting outside on a porch or walking around town just to take in all the scenery. The people here are kind and welcoming – you can find yourself easily making friends just by saying hello on the street or chatting over coffee at one of the many local cafes. All in all, Old Town is an idyllic place that offers small-town charm with big city amenities nearby – it’s perfect for anyone who wants to relax and soak in natural beauty! Small city / college town - Central Maine along the Penobscot River, about 30 miles north of the Atlantic Ocean.
State: Maine
County: Penobscot County
Metro Area: Bangor Metro Area
City: Old Town
Zip Codes: 04468 04489
Cost of Living: -17.3% lower
Time zone: Eastern Standard Time (EST)
Elevation: 110 ft above sea level


Old Town, Me Housing Market
Least Expensive HomesHomes Over 2,000 Sq. Ft.
Most Expensive HomesHomes less than 10 yrs old
All Single Family Homes
Pros
Outdoor recreation
Attractive setting
Nearby university
Cons
Low job growth
Isolation
Harsh winters

What Bert Has To Say About Bangor Metro Area

Bangor is the gateway to the “north country” and a fairly prosperous lumber, paper, and shipping center and the navigable terminus of the Penobscot River in east-central Maine. The areas to the north are wooded wilderness. The rugged shore area is 30 miles to the south, and the “Down East” coast to the northeast is a vast, unpopulated area of classic New England coastline with fishing and other recreational sites. Acadia National Park is on an island 40 miles to the south. Old Town, on a river island 10 miles north, is home to the University of Maine and the Old Town Canoe Company, a business befitting to the area.


Highlights

ECONOMY
The unemployment rate in Old Town is 4.2% (U.S. avg. is 6.0%). Recent job growth is Negative. Old Town jobs have decreased by 0.4%. More Economy

COST OF LIVING
Compared to the rest of the country, Old Town's cost of living is 17.3% lower than the U.S. average. More Cost of Living or Compare Old Town's Cost of Living

WEATHER & CLIMATE
August, July and June are the most pleasant months in Old Town, while January and February are the least comfortable months. Today's Weather | Climate Averages

VOTING
In the last Presidential election, Penobscot county remained moderately Republican, 52.6% to 44.2%. More Voting Stats

POPULATION
Old Town's population is 7,415 people. Since 2020, it has had a population decline of 3.7%. Learn More...

TRANSPORTATION
Average Commute time is 20.6 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE
The median home cost in Old Town is $198,200. Home appreciation the last 10 years has been 15.3%.

SCHOOLS
Old Town public schools spend $12,932 per student. The average school expenditure in the U.S. is $12,383. There are about 10.1 students per teacher in Old Town. More Education



Best Places to Live in Old Town Rankings


Housing Market in Old Town

It's a good time to buy in Old Town. Home Appreciation is up 15.3% in the last 12 months.
The median home price in Old Town is $198,200.
See Homes

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MAPS OF OLD TOWN, MAINE
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ZIP CODES IN OLD TOWN, MAINE
04468 04489

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