What percentage of people rent in Old Town, ME?
40.7% (±6.6 points) of the occupied homes in Old Town, ME are rented (2020–2024 American Community Survey).
That is 1,300 renting households against 1,892 that own their home.
In Old Town, the share of households that rent went from 37.3% in 2015–2019 to 40.7% in 2020–2024 (+3.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 40.7% (±6.6 points)
- Renting households
- 1,300 (±232)
- Median renter income
- $33,713 (±$4,803)
Who rents and who owns in Old Town
| Old Town | Penobscot County | Maine | United States | |
|---|---|---|---|---|
| Renter-occupied share | 40.7% (±6.6 points) | 29.5% (±1.4 points) | 25.7% (±0.4 points) | 34.8% |
| Renting households | 1,300 (±232) | 19,211 (±946) | 153,586 (±2,467) | 45,017,354 |
| Owning households | 1,892 (±265) | 46,010 (±969) | 443,573 (±3,445) | 84,210,142 |
| Average renter household size | 2.4 (±0.4) | 2.0 (±0.1) | 1.9 (±0.0) | 2.3 |
| Average owner household size | 2.3 (±0.2) | 2.4 (±0.0) | 2.4 (±0.0) | 2.6 |
| Median renter household income | $33,713 (±$4,803) | $38,518 (±$2,423) | $44,257 (±$1,278) | $52,966 |
| Median owner household income | $81,701 (±$30,869) | $81,825 (±$3,359) | $88,635 (±$995) | $100,009 |
In Old Town, the renter share is higher than in Penobscot County (29.5%).
It is also higher than in Maine (25.7%).
It is not measurably different from the national figure (34.8%).
In Penobscot County, Old Town ranks 3 of 58 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 19 of 482.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Old Town has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 37.3% (±4.8 points) | 40.7% (±6.6 points) | +3.4 percentage points | Not a measurable change |
| Median gross rent | $762 (±$49) | $989 (±$100) | +29.8% | No measurable change after inflation |
| Median household income | $42,679 (±$6,185) | $51,585 (±$9,734) | +20.9% | 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.
Households that rent in places near Old Town
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Old Town | — | 40.7% (±6.6 points) | — |
| Orono | 5.0 mi | 53.4% (±4.7 points) | Higher |
| Milford (community) | 5.3 mi | 11.6% (±7.9 points) | Lower |
| Orono (community) | 5.8 mi | 58.3% (±4.9 points) | Higher |
| Alton | 6.4 mi | 16.5% (±7.3 points) | Lower |
| Glenburn | 6.7 mi | 18.3% (±8.2 points) | Lower |
| Veazie (community) | 7.5 mi | 27.9% (±9.1 points) | Lower |
| Veazie | 7.5 mi | 27.9% (±9.1 points) | Lower |
| Hudson | 7.7 mi | 7.6% (±5.4 points) | Lower |
Nearby places with a measurably lower figure: Milford (community), ME (11.6%), Alton, ME (16.5%), Glenburn, ME (18.3%).
Nearby places with a measurably higher figure: Orono, ME (53.4%), Orono (community), ME (58.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Penobscot County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Orono | 53.4% (±4.7 points) |
| 2 | Bangor | 52.8% (±3.2 points) |
| 3 | Old Town | 40.7% (±6.6 points) |
| 4 | Brewer | 40.3% (±5.6 points) |
| 5 | Dexter | 33.7% (±8.4 points) |
| 6 | Veazie | 27.9% (±9.1 points) |
| 7 | Newport | 27.7% (±7.8 points) |
| 8 | Lagrange | 27.5% (±10.8 points) |
| 9 | Lincoln | 27.4% (±10.8 points) |
Showing 9 of 58 places in Penobscot 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.
What you can do on Seayora in Old Town
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Questions about Old Town
How many renters are there in Old Town?
Old Town has an estimated 1,300 (±232) renting households, 40.7% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Old Town?
In Old Town, the share of households that rent went from 37.3% in 2015–2019 to 40.7% in 2020–2024 (+3.4 percentage points), not a measurable change.
How big are renting households in Old Town?
A renting household in Old Town has 2.4 people on average, against 2.3 in an owned home.
How much do renters earn in Old Town?
The median renting household in Old Town, ME has an income of $33,713 (±$4,803) a year, against $81,701 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Old Town city, Maine
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Old Town city, Maine
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Old Town city, Maine
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Old Town city, Maine
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Old Town city, 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 Old Town city, Maine (place:55225, in state:23).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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 Old Town at a glance
- Median rent in Old Town
- Rent burden in Old Town
- Income and affordability in Old Town
- Home values in Old Town
- Homeowner costs in Old Town
- Property taxes in Old Town
- Types of homes in Old Town
- Bedrooms in Old Town
- Age of homes in Old Town
- Vacancy rate in Old Town
- Heating fuel in Old Town
- Commute and cars in Old Town
- Crime reported to police in Old Town
- Population growth in Old Town
- How long people stay in Old Town
- Crowding and facilities in Old Town
- Maine landlord and tenant rules
- Housing across Penobscot County
- Maine places ranked by share of renters
- Housing data for every place in Maine