Damariscotta, ME
1,100Residents
$67,647Median household income
$930/moMedian gross rent
$419,100Median home value
60.1Median age
49%Adults with a bachelor’s degree or higher
70%Homes lived in by their owners
6.2×Home value to household income
Median rent takes about 16% of the median household income in Damariscotta.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $37,000 a year. In Maine that leaves roughly $2,459 a month after tax. See the full paycheck breakdown for $35,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.