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Falmouth, Maine

CDP · Cumberland County

At a glance

1,585
Population
$833,300
Median home value (all homes)
175% above U.S. median
$910,067
Typical market value
Zillow, 2026-07
$1,573/mo
Median rent
17% above U.S. median
$101,484
Median household income
29% above U.S. median
17.3 min
Average commute
89.4%
Homes with broadband
49.11%
Locations with fiber available
1.2%
Unemployment

Cost of living (Clay Affordability Index)

CAI 149 — 49% above the national average. how it's computed

Housing192% above
Goods & services0% above
Utilities2% below
Taxes33% below
Insurance37% below
Commute cost36% below
For business: Maine is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college5 mi
Nearest community college6 mi
Nearest technical college4 mi
High school graduates99.5%
College graduates69.3%

Doing business here

Economic development contacts, most local first:

city Economic Development & Industrial Corporation
The Falmouth EDIC is the Town of Falmouth’s primary agency responsible for creating and developing increased economic opportunities in Falmouth, promoting a diverse economic climate, and increasing job opportunities. It is a 501(c)(3) non-profit established in 1981 to attract, advocate and support economic vitality and to identify funding assistance, with a history of developing projects such as technology parks, housing developments, solar energy, and broadband improvements.
state Loring Development Authority
Associated with the Loring Commerce Centre, a busy commercial, industrial and aviation park in northern Maine that offers assets to support business development.
state Maine Department of Economic & Commercial Dev
The Maine Department of Economic and Community Development (DECD) is the state agency that works with statewide and local partners, private industry and small businesses to enhance economic prosperity in Maine. It helps communities attract jobs and grow infrastructure through programs, tax credits, reimbursements, R&D credits, capital loans, and direct investment.
state Maine Development Foundation
The Maine Development Foundation is a non-partisan statewide driver of sustainable economic growth in Maine. It connects people, decision-makers, and communities through trusted research, leadership development, and creative partnerships to stimulate new ideas, solve problems, and improve lives.
state Maine State Chamber of Commerce
The Maine State Chamber of Commerce is Maine’s largest business association, serving as The Voice of Maine Business and advocating for a positive business climate and a strong state economy through advocacy, access, and awareness.
state Sunrise County Eco Council
Sunrise County Economic Council (SCEC) is a regional economic development organization serving Washington County, Maine; it initiates and facilitates job creation and prosperity by partnering with a consortium of community-minded businesses, not-for-profit organizations, municipalities and citizens.
State sales taxYes
State income taxYes
Right-to-work stateNo

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