Cost of Living in Hampden, ME

Population 7,831 · Maine · Data vintage 2023

86
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Hampden is a smaller Maine community of around 8000 residents, where median household incomes of $107,901 and housing costs ($281,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 2.8% — below most comparable cities in the state.

Geographically, Hampden lies roughly 175 miles northeast of the nearest major metro, Manchester. Median home values run roughly 17% lower than Manchester's $336,000.

Cost Overview

Housing 92
Rent 78

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Hampden

The median home value in Hampden is $280,800 — 8% below the national median of $305,000. Median rent runs $1,024/month, 22% lower than the national median of $1,314/month. The median household income of $107,901/year is 45% higher than the US median of $74,580. The local unemployment rate is 2.8%, below the national average of 4.8%. Maine's top state income tax rate is 7.2% and the combined sales tax is 5.5%. The climate averages highs of 55.2°F and lows of 34.8°F, with about 74.6" of annual snowfall. Overall, Hampden has a cost of living index of 86 versus the US average of 100, meaning it is 14% less expensive.

🏠 Housing

Median Home Value
$280,800
8% below avg
Median Rent
$1,024/mo
22% below avg
Price-to-Rent Ratio
22.9x
Favors renting
Property Tax Rate
1.4%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$839
1 BR
$880
2 BR
$1,155
3 BR
$1,455
4 BR
$1,723
Owner-occupied 87.2%
Renter-occupied 12.8%

💰 Estimated Monthly Budget

Rent median rent
$1,024
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,638/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
21.8 min
19% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
21.3%

Commute Mode

Drove alone
72.2%
Carpooled
4.4%
Walked
0.4%
Bicycle
0.3%
Work from home
21.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 7.2%
Total Sales Tax 5.5%
State rate 5.5%
Avg local rate 0.0%
Property Tax 1.4%

💼 Income & Employment

Median Household Income
$107,901
45% above avg
Per Capita Income
$50,754
Unemployment Rate
2.8%
42% below avg
Poverty Rate
5.7%
Labor Force Participation
55.5%

🎓 Education

Bachelor's degree+ 32.0%
Graduate degree 17.2%

👥 Demographics

Median Age 40.7
Male median age 43.5
Female median age 38.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
55.2°F
Avg Low
34.8°F
Annual Precip
41.7"
Annual Snowfall
74.6"
23° 45° 68° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 283140536675807971584635
Low °F 91121324353595749382917
Precip" 3.172.383.223.613.343.873.163.063.764.583.843.72
Snow" 18.617.515.23.70.00.00.00.00.00.64.314.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 35 — Good
82.1%
Good air days/yr
89
Max AQI recorded
193
PM2.5 days
161
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
14.8:1
Student-teacher ratio
7
Public schools
2,439
Total enrollment

Frequently Asked Questions

What is the cost of living in Hampden, ME?

Hampden has a cost index of 86 (100 = national average). It is 14% below the national average.

What is average rent in Hampden, ME?

The median gross rent in Hampden is $1,024 per month based on 2023 Census data.

What is the average home price in Hampden?

The median home value in Hampden is $280,800 according to 2023 Census ACS data.

What is the median income in Hampden?

The median household income in Hampden is $107,901 per year (2023 ACS 5-year estimates).

What is the sales tax in Hampden, ME?

The combined state and local sales tax rate in Hampden is 5.5%. The Maine state income tax top rate is 7.2%.

Is Hampden, ME affordable?

Yes, Hampden is generally considered affordable, with a cost of living index of 86 — about 14% below the US national average of 100.

What is the weather like in Hampden?

Hampden has average high temperatures of 55.2°F and average lows of 34.8°F. Annual precipitation is 41.7". Average annual snowfall is 74.6". Data from NOAA 1991–2020 Climate Normals.

Hampden at a Glance

Population
7,831
Median Income
$107,901
Home Value
$280,800
Median Rent
$1,024/mo
Unemployment
2.8%
Avg High Temp
55.2°F
Sales Tax
5.5%
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