Best Places to Live in Old Town, Maine

Small city / college town - Central Maine along the Penobscot River, about 30 miles north of the Atlantic Ocean
Pros
-Outdoor recreation
-Attractive setting
-Nearby university
Cons
-Low job growth
-Isolation
-Harsh winters

Find your Best Mortgage in Old Town: Fixed Rate, Adjustable Rate, 30 years, 15 years

What Bert Has To Say About Bangor Metro Area

Bangor is the gateway to the “north country” and a fairly prosperous lumber, paper, and shipping center and the navigable terminus of the Penobscot River in east-central Maine. The areas to the north are wooded wilderness. The rugged shore area is 30 miles to the south, and the “Down East” coast to the northeast is a vast, unpopulated area of classic New England coastline with fishing and other recreational sites. Acadia National Park is on an island 40 miles to the south. Old Town, on a river island 10 miles north, is home to the University of Maine and the Old Town Canoe Company, a business befitting to the area.


QUICK FACTS

Real Estate: For Sale  For Rent
Country: United States
State: Maine
County: Penobscot County
Metro Area: Bangor Metro Area
City: Old Town
Zip Codes: 04468 04489
Time zone: Eastern Standard Time (EST)
Elevation: 110 ft above sea level

Highlights

ECONOMY
The unemployment rate in Old Town is 3.50% (U.S. avg. is 5.20%). Recent job growth is Negative. Old Town jobs have decreased by 1.41%. Learn More...
COST OF LIVING
Compared to the rest of the country, Old Town's cost of living is 3.30% lower than the U.S. average. Learn More... or Compare Old Town's Cost of Living
POPULATION
Old Town's population is 7,624 people. Since 2000, it has had a population growth of -8.33%. Learn More...
TRANSPORTATION
Average Commute time is 36 minutes. The National Average is 26 minutes. Learn More...
REAL ESTATE
The median home cost in Old Town is $136,739. Home appreciation the last 10 years has been 0.65%. Check out the homes in the area.
SCHOOLS
Old Town public schools spend $12,932 per student. The average school expenditure in the U.S. is $12,383. There are about 10.1 students per teacher in Old Town. Learn More...

Best Places to Live in Old Town Rankings


Housing Market in Old Town

It's a good time to buy in Old Town. Home Appreciation is up 9.0% in the last 12 months. Browse Old Town Real Estate.

The median home price in Old Town is $136,739. Browse Homes in this Range.


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Compare Old Town, Maine to any other place in the USA.

MAPS OF OLD TOWN, MAINE
Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Old_Town,Maine Map
ZIP CODES IN OLD TOWN, MAINE
04468 04489