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CENSUS TRACT

Census Tract 40.01

Maine · Cumberland County · 3,076 residents · 10.613 sq mi
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29.0240.0240.01
TRACT SHAPE · Cumberland County, ME
The short version

Census Tract 40.01 is significantly wealthier than the US average, with a median household income of $111,913. Population has declined 4% since 2020. 48% of adults hold a bachelor's degree or higher. Median home value has risen by half since 2020, reaching $450,200. Poverty is rare here, at 5.7% of residents.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 41.7
US median: 38.9
More educated
48% hold a bachelor's degree
US average: 36%
Less affordable
home values up 41%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
3,076
−4%since 2020
from 3,220 in 2020
2020 – 2024
Population density
290 / sq mi
−4%since 2020
from 303 / sq mi in 2020
US average: 281
Median age
41.7
+5%since 2020
from 39.9 in 2020
US average: 38.9
Population, 20202024
3K3K3K3K3K20202024Census Tract 40.01
20243K
20202024
Section 02

Income & economy

Median household income
$111,913
−2%inflation adjusted, since 2020
from $94,244 in 2020
US average: $82,259
2020 – 2024
Per capita income
$48,741
+19%since 2020
from $40,834 in 2020
US average: $44,673
Households earning $100K+
70.1%
−0.5 ptssince 2020
from 70.6% in 2020
US average: 53.3%
Poverty rate
5.7%
+1.7 ptssince 2020
from 4.1% in 2020
US average: 12.5%
Income inequality (Gini)
0.363
+1%since 2020
from 0.360 in 2020
US average: 0.476
Workforce by industry, 2024
Information12.9%
US avg: 10.8%
Other services7.2%
US avg: 6.7%
Public administration7.2%
US avg: 4.8%
Retail trade6.7%
US avg: 9.9%
Wholesale trade2.8%
US avg: 6.9%
Finance & insurance2.6%
US avg: 5.9%
Professional, scientific, technical2.6%
US avg: 5.1%
Transportation & warehousing2.1%
US avg: 2.2%
Arts, entertainment, food0.7%
US avg: 1.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$450,200
+41%inflation adjusted, since 2020
from $263,100 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,515
+75%inflation adjusted, since 2020
from $714 in 2020
US average: $1,442
Owner-occupied
94.7%
+4.1 ptssince 2020
from 90.6% in 2020
5.3% rent
Vacancy rate
4.8%
+0.8 ptssince 2020
from 4.0% in 2020
US average: 10.0%
Owner cost-burdened
32.2%
+6.9 ptssince 2020
from 25.3% in 2020
US average: 22.9%
Renter cost-burdened
19.7%
−14.2 ptssince 2020
from 33.9% in 2020
US average: 47.4%
Afford Score
4.0
+44%since 2020
from 2.8 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 40.01 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic87.7%(2,824)
Black0.3%(9)
Hispanic / Latino1.1%(36)
Asian1%(32)
Other9.9%(319)
Diversity Score27.6%(889)
2024
White, non-Hispanic81.5%(2,508)
Black0.9%(27)
Hispanic / Latino3.3%(100)
Asian0.4%(11)
Other14%(430)
Diversity Score39.3%(1,209)
Diversity Score
39
+42%since 2020
from 28 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
48.2%
+10.3 ptssince 2020
from 37.9% in 2020
US average: 35.6%
High school or higher
98.8%
+1.6 ptssince 2020
from 97.2% in 2020
US average: 89.6%
Graduate degree
11.9%
+2.4 ptssince 2020
from 9.5% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
19.6 min
−21%since 2020
from 24.7 min in 2020
US average: 26.5
Drive alone to work
60.5%
−17.6 ptssince 2020
from 78.1% in 2020
US average: 68.9%
Carpooled to work
17.0%
+6.4 ptssince 2020
from 10.6% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
22.2%
+13.2 ptssince 2020
from 9.0% in 2020
US average: 15.0%
Walked to work
0.0%
−1.8 ptssince 2020
from 1.8% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
4.0%
+2.9 ptssince 2020
from 1.1% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.4%
+1.6 ptssince 2020
from 0.8% in 2020
US average: 5.2%
Labor force participation
76.2%
−3.2 ptssince 2020
from 79.4% in 2020
US average: 63.5%
Self-employed
9.4%
−3.4 ptssince 2020
from 12.8% in 2020
US average: 13.1%
Management & professional
50.8%
−0.4 ptssince 2020
from 51.2% in 2020
US average: 42.5%
Section 08

People & community

Male
49.4%
+0.3 ptssince 2020
from 49.2% in 2020
Female
50.6%
−0.3 ptssince 2020
from 50.8% in 2020
Foreign born
2.3%
+0.8 ptssince 2020
from 1.5% in 2020
US average: 14.1%
Veterans
4.7%
−2.3 ptssince 2020
from 7.0% in 2020
US average: 6.2%
With a disability
11.6%
+0.5 ptssince 2020
from 11.1% in 2020
US average: 13.3%
Uninsured
4.1%
−1.0 ptssince 2020
from 5.1% in 2020
US average: 8.4%
Broadband at home
98.8%
+7.4 ptssince 2020
from 91.4% in 2020
US average: 91.0%
English only at home
96.8%
−1.1 ptssince 2020
from 97.9% in 2020
US average: 77.7%
Spanish at home
0.7%
−0.1 ptssince 2020
from 0.7% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 3,076 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $111,913 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $450,200, and the typical rent is about $1,515 a month.

How educated are people in this census tract?

About 48.2% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 5.7% of people in this census tract 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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