Maine Demographics

The Influence of the Changing Maine Population on Real Estate

Although Maine is a large state geographically, its population is rather small. As of 2017 The US Census estimate for Maine was 1,335,907, which represents an increase of 0.6% since the 2010 census. Homeownership in Maine is high at 77.7% versus a national average of 66.1%.

Maine is a popular tourist destination, but it also experiences snowy winters and, consequently, the great temporary influx of visitors occurs during the warmer months. Many of these visitors establish an alternate secondary residence in Maine during some or all warm months and then depart for their primary residence in the off-season.

Maine is also a common destination for summer homes, especially along the coast or on its lakes.  Prices for this type of real estate is highly variable, depending upon location and overall proximity to the water.  Maine's skiing destinations also a highly popular for winter retreats - and condos are along the slopes are a common option.

As the above graph clearly illustrates, most people live along the Maine coast, and in the southern part of the state.  The largest counties ae Cumberland and York, which combine to represent 36% of the state's populaiton.  Portland is the state largest city.

Maine's Racial Diversity & Changing Population
		Maine %		US %
	White Non-Hispanic	95.4		78.1
	Hispanic	1.4		16.7
	Asian	1.1		5.0
	Black	1.3		13.0
	Native American	0.7		1.2
	Mixed Race	1.5		1.2
	Persons Under 18	20.3		23.7
	Persons Over 65	16.3		13.3
	Bachelor's Degree	27.1		28.2
	% Change - 2010	.1		1.7
	% Female	51.1		50.8

Maine Quick Facts: The Story of Home
	Land Area	30,862 sq miles
	Coastline	3,500 miles
	Forest Area	17 million acres
	Home Ownership	77.7% (2011 census)
	Persons / Sq mile	41.3
	Capital City	Augusta
	Things Decidedly Maine
	Native Bird	Chickadee
	Flower	Pinecone & Tassel
	Mammal	Moose
	Fish	Landlocked Salmon
	Tree	White Pine
	Cat	Maine Coon