What is the median household income in Beaver Cove, ME?
The median household income in Beaver Cove, ME is $98,185 (±$11,222) a year (2020–2024 American Community Survey).
In Beaver Cove, the median household income went from $59,375 in 2015–2019 to $98,185 in 2020–2024 (+65.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $98,185 (±$11,222)
- Median renter income
- $246,161 (±$22,993)
Income in Beaver Cove against Piscataquis County, its state and the nation
| Beaver Cove | Piscataquis County | Maine | United States | |
|---|---|---|---|---|
| Median household income | $98,185 (±$11,222) | $61,345 (±$4,372) | $74,733 (±$795) | $80,734 |
| Median renter household income | $246,161 (±$22,993) | $35,404 (±$8,598) | $44,257 (±$1,278) | $52,966 |
| Median owner household income | $91,983 (±$19,208) | $65,514 (±$2,170) | $88,635 (±$995) | $100,009 |
| Median gross rent | — | $837 (±$64) | $1,139 (±$13) | $1,413 |
In Beaver Cove, median household income is higher than in Piscataquis County ($61,345).
It is also higher than in Maine ($74,733).
It is higher than the national figure ($80,734).
In Piscataquis County, Beaver Cove ranks 1 of 17 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 43 of 468.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $59,375 (±$13,239) | $98,185 (±$11,222) | +65.4% | Up after inflation |
| Median home value | $235,700 (±$141,329) | $523,300 (±$247,521) | +122.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Beaver Cove
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Beaver Cove | — | $98,185 (±$11,222) | — |
| Greenville | 8.8 mi | $63,486 (±$8,997) | Lower |
| Shirley | 17 mi | $61,875 (±$21,807) | Lower |
| Willimantic | 18 mi | $63,472 (±$51,992) | Not measurably different |
| Monson | 19 mi | $56,017 (±$3,749) | Lower |
| Bowerbank | 19 mi | $93,125 (±$29,593) | Not measurably different |
| Brownville | 25 mi | $64,063 (±$14,924) | Lower |
| Guilford | 25 mi | $53,173 (±$13,453) | Lower |
| Abbot | 26 mi | $58,542 (±$24,488) | Lower |
Nearby places with a measurably lower figure: Greenville, ME ($63,486), Shirley, ME ($61,875), Monson, ME ($56,017).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Piscataquis County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Beaver Cove | $98,185 (±$11,222) |
| 2 | Bowerbank | $93,125 (±$29,593) |
| 3 | Sebec | $74,545 (±$37,079) |
| 4 | Medford | $65,476 (±$14,498) |
| 5 | Brownville | $64,063 (±$14,924) |
| 6 | Greenville | $63,486 (±$8,997) |
| 7 | Willimantic | $63,472 (±$51,992) |
Showing 7 of 17 places in Piscataquis County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Beaver Cove
What is the median household income in Beaver Cove?
The median household income in Beaver Cove is $98,185 (±$11,222) a year (2020–2024 American Community Survey).
Have incomes in Beaver Cove kept up with inflation?
In Beaver Cove, the median household income went from $59,375 in 2015–2019 to $98,185 in 2020–2024 (+65.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in Beaver Cove?
The median renting household in Beaver Cove, ME earns $246,161 (±$22,993) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Beaver Cove town, Piscataquis County, Maine
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Beaver Cove town, Piscataquis County, Maine
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Beaver Cove town, Piscataquis County, Maine
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Beaver Cove town, Piscataquis County, Maine
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Beaver Cove town, Piscataquis County, Maine
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Beaver Cove town, Piscataquis County, Maine
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Beaver Cove town, Piscataquis County, Maine (county subdivision:03740, in state:23 county:021).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Beaver Cove at a glance
- Home values in Beaver Cove
- Homeowner costs in Beaver Cove
- Property taxes in Beaver Cove
- Types of homes in Beaver Cove
- Bedrooms in Beaver Cove
- Age of homes in Beaver Cove
- Heating fuel in Beaver Cove
- Maine landlord and tenant rules
- Housing across Piscataquis County
- Maine places ranked by median household income
- Housing data for every place in Maine