Cost of Living in Woolwich, ME

Population 3,135 · Maine · Data vintage 2023

82
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Woolwich a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $250,000. The labor market has been unusually tight, with unemployment around 1.6% — below most comparable cities in the state.

Located 110 miles northeast of Manchester, Woolwich is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 26% lower than Manchester's $336,000.

Cost Overview

Housing 82

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

About the Cost of Living in Woolwich

The median home value in Woolwich is $249,500 — 18% below the national median of $305,000. The median household income of $103,482/year is 39% higher than the US median of $74,580. The local unemployment rate is 1.6%, 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 36.2°F, with about 66.8" of annual snowfall. Overall, Woolwich has a cost of living index of 82 versus the US average of 100, meaning it is 18% less expensive.

🏠 Housing

Median Home Value
$249,500
18% below avg
Property Tax Rate
1.4%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,037
1 BR
$1,168
2 BR
$1,435
3 BR
$2,011
4 BR
$2,410
Owner-occupied 94.6%
Renter-occupied 5.4%

🛒 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
29.7 min
10% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.8%

Commute Mode

Drove alone
87.1%
Carpooled
0.9%
Walked
0.7%
Work from home
10.8%

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
$103,482
39% above avg
Per Capita Income
$52,287
Unemployment Rate
1.6%
67% below avg
Poverty Rate
14.1%
Labor Force Participation
48.0%

🎓 Education

Bachelor's degree+ 27.9%
Graduate degree 25.4%

👥 Demographics

Median Age 53
Male median age 52.1
Female median age 55.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
55.2°F
Avg Low
36.2°F
Annual Precip
50"
Annual Snowfall
66.8"
10° 28° 45° 63° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 303341536473797870584737
Low °F 121424324453595850393020
Precip" 3.463.504.064.284.064.213.483.274.206.005.194.30
Snow" 19.313.618.73.30.00.00.00.00.00.21.99.8

Frequently Asked Questions

What is the cost of living in Woolwich, ME?

Woolwich has a cost index of 82 (100 = national average). It is 18% below the national average.

What is the average home price in Woolwich?

The median home value in Woolwich is $249,500 according to 2023 Census ACS data.

What is the median income in Woolwich?

The median household income in Woolwich is $103,482 per year (2023 ACS 5-year estimates).

What is the sales tax in Woolwich, ME?

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

Is Woolwich, ME affordable?

Yes, Woolwich is generally considered affordable, with a cost of living index of 82 — about 18% below the US national average of 100.

What is the weather like in Woolwich?

Woolwich has average high temperatures of 55.2°F and average lows of 36.2°F. Annual precipitation is 50". Average annual snowfall is 66.8". Data from NOAA 1991–2020 Climate Normals.

Woolwich at a Glance

Population
3,135
Median Income
$103,482
Home Value
$249,500
Unemployment
1.6%
Avg High Temp
55.2°F
Sales Tax
5.5%
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