Income & Economy in Falmouth Foreside, ME

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$152,870

+109% vs national

Per Capita Income

$90,575

+144% vs national

Poverty Rate

2.2%

-84% vs national

Gini Index

0.5044

0 = perfect equality

Unemployment

4.7%

-10% vs national

SNAP Recipients

0.0%

of households

How Falmouth Foreside Compares

Source: Census ACS (2023)

Falmouth Foreside vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Falmouth Foreside is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Falmouth Foreside. The median household income here is $152,870.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
3.5%
$25-50K
5.7%
$50-75K
6.7%
$75-100K
20.7%
$100-150K
12.4%
$150-200K
20.2%
$200K+
30.9%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

4.7%

-12% vs ME avg

Labor Force

900

Employed

858

Mean Commute

10 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+

57.9%

of adults 25+

High School Diploma+

64.3%

of adults 25+

Median Age

52.9

Work from Home

45.1%

of workers

The median household income in Falmouth Foreside, ME is $152,870, which is 108.8% above the national average of $73,224. Per capita income is $90,575. The poverty rate of 2.2% is lower than the ME state average of 13.9%. The Gini index of income inequality is 0.5044, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 4.7%, compared to the state average of 5.3%. 57.9% of adults hold a bachelor's degree or higher. The average commute time is 10 minutes, with 45.1% working from home.