Old
Old Town city, Maine
If you're seeking a haven where affordability meets a relaxed pace of life, look no further than Old Town, Maine. This charming community, home to just over 7,400 residents, offers a compelling alternative to the often-overpriced and frenetic energy of larger cities. Imagine a place where the median home value clocks in at a remarkably accessible $165,200 – less than half the national average! This translates into achievable homeownership and a lower cost of living, allowing you to stretch your dollar further. Old Town isn't just about affordability, though; it's about community. You'll find a welcoming atmosphere and a lifestyle that prioritizes connection and a slower rhythm, far removed from the daily grind of more populated areas.
From an investment standpoint, Old Town presents a unique opportunity. While the median household income of $46,343 is lower than the national average, the significantly lower cost of housing makes this a trade-off many find worthwhile. The real estate market here is stable, offering a range of properties from cozy starter homes to more spacious residences, all at prices that are exceptionally attractive. The town is known for its safety, making it an ideal location for families and those seeking a secure environment. Old Town is particularly well-suited for first-time homebuyers, retirees looking to downsize and enjoy a simpler lifestyle, or anyone seeking a close-knit community with a strong sense of place.
Old, Maine at a Glance
Old is a city in Old Town city, Maine with a population of approximately 7,458. The median home value is $165,200 and the median household income is $46,343.. The violent crime rate is 0.8 per 1,000 residents, which is 78% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$165,200
Median Income
$46,343
Population
7,458
Walk Score
N/A
Air Quality
AQI 30
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 7,458
- Median Age
- N/A
- Median Household Income
- $46,343
38% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- N/A
- Median Home Value
- $165,200
41% below nat'l avg
- Median Rent
- N/A
- Homeownership Rate
- N/A
- Affordability Index
- N/A
- Violent Crime Rate
- 0.8 per 1K
78% below nat'l avg
- Property Crime Rate
- 7.9 per 1K
58% below nat'l avg
- AQI
- 30
29% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 79.86
Top Hazards
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 22.0¢/kWh
33% above nat'l avg
- Est. Monthly Electric
- $198
45% above nat'l avg
- Unemployment Rate
- N/A
- Poverty Rate
- N/A
Weather & Climate in Old
Avg High
56°F
Avg Low
39°F
Annual Rainfall
45.7"
Avg Humidity
73%
Political Landscape
↗ Trending more Democratic
Based on Waldo County county-level presidential election data
Culture & Things to Do in Old
Maine Celtic Celebration
A celebration of Celtic culture with music, dance, and food.
Bangor State Fair
A traditional fair with agricultural exhibits, rides, and entertainment.
Festival of Lights Parade
A holiday parade with floats, music, and festive displays.
American Folk Festival
A free three-day music festival on the Bangor Waterfront.
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