Income & Economy in Damariscotta, ME
Household income, poverty rates, employment, and economic data — 2023 ACS Data
Income Overview
Source: U.S. Census Bureau ACS (2023)Median Household Income
$63,696
-13% vs national
Per Capita Income
$45,484
+22% vs national
Poverty Rate
23.2%
+71% vs national
Gini Index
0.5175
0 = perfect equality
Unemployment
12.7%
+145% vs national
SNAP Recipients
15.1%
of households
How Damariscotta Compares
Source: Census ACS (2023)Damariscotta vs Similar Cities
Source: Census ACS (2023)Compared to cities with under 10,000 residents. Damariscotta is highlighted.
Median Household Income
Per Capita Income
Poverty Rate
Unemployment Rate
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Damariscotta. The median household income here is $63,696.
Income Distribution
Source: U.S. Census Bureau ACS (2023)Employment Snapshot
Source: U.S. Census Bureau ACS (2023)Unemployment Rate
12.7%
+140% vs ME avg
Labor Force
448
Employed
391
Mean Commute
13 min
How People Get to Work
Source: Census ACS (2023)Employment by Sector
Source: Census ACS (2023)Education & Workforce
Source: U.S. Census Bureau ACS (2023)Bachelor's Degree+
32.2%
of adults 25+
High School Diploma+
52.0%
of adults 25+
Median Age
50.0
Work from Home
11.0%
of workers
The median household income in Damariscotta, ME is $63,696, which is 13.0% below the national average of $73,224. Per capita income is $45,484. The poverty rate of 23.2% is higher than the ME state average of 13.9%. The Gini index of income inequality is 0.5175, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 12.7%, compared to the state average of 5.3%. 32.2% of adults hold a bachelor's degree or higher. The average commute time is 13 minutes, with 11.0% working from home.