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CITY

Island Falls

Maine · 359 residents · 1.262 sq mi
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The short version

Island Falls has notably lower household income than the US average, with a median household income of $55,227. Population has held roughly steady since 2023. 12% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $81,000. With a median age of 52.7, the population is older than the US median of 38.9. Households here earn about 26% less than the Maine median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 52.7
US median: 38.9
Less educated
12% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

359
+5%since 2023
from 343 in 2023
2020 – 2024
284 / sq mi
+5%since 2023
from 272 / sq mi in 2023
US average: 281
52.7
Unchangedsince 2023
from 52.8 in 2023
US average: 38.9
Population, 20202024
30132434737039320202024Island Falls
2024359
20202024
Section 02

Income & economy

$55,227
Unchangedinflation adjusted, since 2023
from $53,523 in 2023
US average: $82,259
2020 – 2024
$29,310
+3%since 2023
from $28,413 in 2023
US average: $44,673
Households earning $100K+
18.4%
−4.8 ptssince 2023
from 23.2% in 2023
US average: 53.3%
17.5%
−2.9 ptssince 2023
from 20.4% in 2023
US average: 12.5%
0.414
−6%since 2023
from 0.439 in 2023
US average: 0.476
Workforce by industry, 2024
Information23.7%
US avg: 10.8%
Finance & insurance22.6%
US avg: 5.9%
Professional, scientific, technical22.6%
US avg: 5.1%
Agriculture, forestry, fishing5.1%
US avg: 1.6%
Construction5.1%
US avg: 1.2%
Retail trade5.1%
US avg: 9.9%
Wholesale trade4.5%
US avg: 6.9%
Other services4.5%
US avg: 6.7%
Public administration2.8%
US avg: 4.8%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$81,000
+23%inflation adjusted, since 2023
from $64,200 in 2023
US average: $376,019
2020 – 2024
$636
US average: $1,442
82.2%
−8.8 ptssince 2023
from 91.0% in 2023
17.8% rent
12.6%
−7.1 ptssince 2023
from 19.7% in 2023
US average: 10.0%
7.7%
−5.8 ptssince 2023
from 13.5% in 2023
US average: 22.9%
19.4%
−16.4 ptssince 2023
from 35.7% in 2023
US average: 47.4%
1.5
+22%since 2023
from 1.2 in 2023
2020 – 2024
RELATED:See current rent listings in Island Falls on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic85.4%(293)
Black1.7%(6)
Hispanic / Latino3.5%(12)
Asian0.3%(1)
Other9%(31)
Diversity Score32.6%(112)
2024
White, non-Hispanic98.1%(352)
Black1.1%(4)
Hispanic / Latino0%(0)
Asian0.3%(1)
Other0.6%(2)
Diversity Score4.8%(17)
5
−85%since 2023
from 33 in 2023
2020 – 2024
Section 05

Education

12.3%
−4.5 ptssince 2023
from 16.8% in 2023
US average: 35.6%
High school or higher
93.5%
−0.6 ptssince 2023
from 94.1% in 2023
US average: 89.6%
6.8%
−1.0 ptssince 2023
from 7.8% in 2023
US average: 14.0%
Section 06

Commute & transportation

19.4 min
−8%since 2023
from 21.1 min in 2023
US average: 26.5
78.0%
+1.9 ptssince 2023
from 76.1% in 2023
US average: 68.9%
9.0%
−2.6 ptssince 2023
from 11.6% in 2023
US average: 8.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
11.3%
+1.9 ptssince 2023
from 9.4% in 2023
US average: 15.0%
0.6%
−0.2 ptssince 2023
from 0.7% in 2023
US average: 2.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
1.1%
−0.8 ptssince 2023
from 1.9% in 2023
US average: 8.3%
Section 07

Work & employment

9.7%
−0.7 ptssince 2023
from 10.4% in 2023
US average: 5.2%
59.9%
+6.1 ptssince 2023
from 53.8% in 2023
US average: 63.5%
9.0%
+0.3 ptssince 2023
from 8.7% in 2023
US average: 13.1%
24.9%
−4.9 ptssince 2023
from 29.7% in 2023
US average: 42.5%
Section 08

People & community

52.1%
+0.8 ptssince 2023
from 51.3% in 2023
47.9%
−0.8 ptssince 2023
from 48.7% in 2023
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 14.1%
20.6%
−0.5 ptssince 2023
from 21.1% in 2023
US average: 6.2%
36.7%
Unchangedsince 2023
from 36.7% in 2023
US average: 13.3%
12.1%
+7.4 ptssince 2023
from 4.7% in 2023
US average: 8.4%
79.9%
+8.9 ptssince 2023
from 71.0% in 2023
US average: 91.0%
99.2%
+1.2 ptssince 2023
from 97.9% in 2023
US average: 77.7%
0.6%
−0.3 ptssince 2023
from 0.9% in 2023
US average: 13.6%
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Frequently asked

How many people live in Island Falls, Maine?

Island Falls, Maine has about 359 residents according to the 2024 American Community Survey.

What is the median household income in Island Falls, Maine?

The typical household in Island Falls, Maine earns about $55,227 a year. Half of households make more than that, and half make less.

Is Island Falls, Maine expensive?

In Island Falls, Maine, the median home is worth about $81,000, and the typical rent is about $636 a month.

How educated are people in Island Falls, Maine?

About 12.3% of adults age 25 and over in Island Falls, Maine hold a bachelor's degree or higher.

What is the poverty rate in Island Falls, Maine?

About 17.5% of people in Island Falls, Maine live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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