Housing data for Carrabassett Valley, ME
Carrabassett Valley, ME has an estimated 637 residents and 2,221 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a town in Franklin County.
5.5% of households rent.
Its population grew measurably since 2015–2019 (+37.0%).
Figures last updated on .
- Residents
- 637 (±152)
- Housing units
- 2,221 (±146)
- Households that rent
- 5.5%
- Residents since 2015–2019
- +37.0%
What stands out in Carrabassett Valley
Homes in buildings of 5 or more units: 29.2% (±4.8 points) in Carrabassett Valley, higher than in Franklin County (8.5%).
Median home value: $343,600 (±$49,120) in Carrabassett Valley, higher than in Franklin County ($194,700).
Households that rent: 5.5% (±4.1 points) in Carrabassett Valley, lower than in Franklin County (23.7%).
Average commute: 13.6 minutes (±1.7) in Carrabassett Valley, lower than in Franklin County (26.8 minutes).
- Types of homes in Carrabassett Valley
- Home values in Carrabassett Valley
- Commute and cars in Carrabassett Valley
Housing in Carrabassett Valley at a glance
- Rent burden: 53.8% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 5.5% of households rent (Small sample: wide margin of error)
- Income and affordability: $88,750 median household income (Small sample: wide margin of error)
- Home values: $343,600 median home value
- Homeowner costs: $1,766 median monthly cost with a mortgage
- Property taxes: $1,618 median real estate taxes a year
- Types of homes: 29.2% of homes are in buildings of 5 or more units
- Bedrooms: 58.3% of homes have 3 or more bedrooms
- Age of homes: 33.1% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 42.0% heat with propane
- Commute and cars: 13.6 minutes average trip to work
- Crime reported to police: 0 violent crimes per 100,000 residents (Small sample: wide margin of error)
- Growth: +37.0% residents since 2015–2019 (Small sample: wide margin of error)
- How long people stay: 9.9% moved in since 2020
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Carrabassett Valley against Franklin County, its state and the nation
| Carrabassett Valley | Franklin County | Maine | United States | |
|---|---|---|---|---|
| Residents | 637 (±152) | 30,413 (exact) | 1,387,817 (exact) | 334,922,499 |
| Housing units | 2,221 (±146) | 21,234 (±63) | 751,876 (±671) | 143,775,355 |
| Households that rent | 5.5% (±4.1 points) | 23.7% (±2.8 points) | 25.7% (±0.4 points) | 34.8% |
| Median gross rent | — | $802 (±$102) | $1,139 (±$13) | $1,413 |
| Median household income | $88,750 (±$49,051) | $58,675 (±$2,708) | $74,733 (±$795) | $80,734 |
| Median home value | $343,600 (±$49,120) | $194,700 (±$10,909) | $296,600 (±$2,876) | $332,700 |
| Median real estate taxes (a year) | $1,618 (±$255) | $2,027 (±$122) | $3,036 (±$26) | $3,119 |
| Built before 1980 | 33.1% (±4.5 points) | 53.5% (±2.9 points) | 54.5% (±0.6 points) | 49.7% |
| Average commute | 13.6 minutes (±1.7) | 26.8 minutes (±2.1) | 24.6 minutes (±0.3) | 26.4 minutes |
| Households with broadband | 82.6% (±17.5 points) | 85.1% (±2.1 points) | 90.3% (±0.3 points) | 91.0% |
| Median age of residents | 59.8 years (±5.7) | 46.1 years (±0.5) | 44.8 years (±0.1) | 38.9 years |
Carrabassett Valley covers 77.5 square miles of land, about 8 residents per square mile (Census Bureau Gazetteer).
How Carrabassett Valley has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 465 (±69) | 637 (±152) | +37.0% | Measurable increase |
| Housing units | 2,244 (±84) | 2,221 (±146) | −1.0% | Not a measurable change |
| Median home value | $254,700 (±$16,896) | $343,600 (±$49,120) | +34.9% | No measurable change after inflation |
| Median household income | $61,250 (±$10,117) | $88,750 (±$49,051) | +44.9% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,158 (±$75) | $1,766 (±$270) | +52.5% | Up after inflation |
| Median real estate taxes | $1,284 (±$81) | $1,618 (±$255) | +26.0% | No measurable change after inflation |
| Households that rent | 6.4% (±3.8 points) | 5.5% (±4.1 points) | −0.9 percentage points | Not a measurable change |
| Rental vacancy rate | 60.0% (±27.5 points) | 0.0% (±61.0 points) | −60.0 percentage points | Not a measurable change |
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.
Crime reported to police in Carrabassett Valley
In 2025, the Carrabassett Valley Police Department reported 0 violent and 418 property crimes per 100,000 residents to the FBI.
Across Franklin County, the departments that report recorded 106 violent and 717 property crimes per 100,000 residents that year.
ZIP codes in Carrabassett Valley
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 04947 | 62% | 1,596 | $943 | $251,900 | $70,104 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Carrabassett Valley
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Kingfield | 7.2 mi | — | $194,300 | 11.3% |
| Highland Plantation | 8.6 mi | — | $99,600 | 4.4% |
| Coplin Plantation | 9.8 mi | — | $321,900 | 0.0% |
| Eustis | 14 mi | $916 | $262,200 | 38.2% |
| Pleasant Ridge Plantation | 15 mi | — | $225,000 | 19.0% |
| New Portland | 15 mi | $337 | $176,000 | 5.9% |
| Phillips | 16 mi | $483 | $190,800 | 16.7% |
| Dallas Plantation | 17 mi | — | — | 11.5% |
HUD Fair Market Rent for Carrabassett Valley, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $880 | $966 | $1,264 | $1,750 | $2,113 |
HUD income limits for Carrabassett Valley, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $19,300 | $32,200 | $51,450 |
| 2 people | $22,050 | $36,800 | $58,800 |
| 3 people | $27,320 | $41,400 | $66,150 |
| 4 people | $33,000 | $45,950 | $73,500 |
| 5 people | $38,680 | $49,650 | $79,400 |
| 6 people | $44,360 | $53,350 | $85,300 |
| 7 people | $50,040 | $57,000 | $91,150 |
| 8 people | $55,720 | $60,700 | $97,050 |
These are the limits HUD sets for its housing programs in the Franklin County, ME, where HUD’s median family income for fiscal year 2026 is $85,400.
A program can use its own limits; tax-credit and local programs often do.
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 Carrabassett Valley
What is the average home value in Carrabassett Valley, ME?
The Census Bureau publishes the median: $343,600 (±$49,120) for owner-occupied homes in Carrabassett Valley (2020–2024 American Community Survey).
What is the average mortgage payment in Carrabassett Valley?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Carrabassett Valley, ME is $1,766 (±$270) a month, including taxes, insurance and utilities.
How much are property taxes in Carrabassett Valley?
The median real estate tax paid by homeowners in Carrabassett Valley, ME is $1,618 (±$255) a year (2020–2024 American Community Survey).
How many homes are in Carrabassett Valley?
Carrabassett Valley, ME has an estimated 2,221 (±146) housing units, occupied and vacant (2020–2024 American Community Survey).
What is the most common home size in Carrabassett Valley?
The most common size is 3 bedrooms, 37.3% of homes in Carrabassett Valley, ME.
How old are most homes in Carrabassett Valley?
33.1% of homes in Carrabassett Valley, ME were built before 1980 (2020–2024 American Community Survey).
Is Carrabassett Valley growing?
In Carrabassett Valley, the number of residents went from 465 in 2015–2019 to 637 in 2020–2024 (+37.0%), a measurable increase.
What ZIP codes are in Carrabassett Valley?
The ZIP code that covers Carrabassett Valley is 04947.
What is the median rent in ZIP code 04947?
The median gross rent in ZIP Code Tabulation Area 04947 is $943 (±$690) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Carrabassett Valley town, Franklin County, Maine
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Carrabassett Valley town, Franklin County, Maine
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Carrabassett Valley town, Franklin County, Maine
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Carrabassett Valley town, Franklin County, Maine
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Carrabassett Valley town, Franklin County, Maine
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Carrabassett Valley town, Franklin County, Maine
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Carrabassett Valley town, Franklin County, Maine
- HUD Fair Market Rents, fiscal year 2027: Franklin County, ME
- HUD Income Limits, fiscal year 2026: Franklin County, ME
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Carrabassett Valley Police Department (ORI ME0040700)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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) for Carrabassett Valley town, Franklin County, Maine (county subdivision:10740, in state:23 county:007).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .