What is the median household income in Southwest Harbor, ME?
The median household income in Southwest Harbor, ME is $59,205 (±$21,446) a year (2020–2024 American Community Survey).
Paying the median gross rent of $959 a month would take about $38,400 a year at the common guideline of spending no more than 30% of income on rent.
In Southwest Harbor, the median household income went from $56,017 in 2015–2019 to $59,205 in 2020–2024 (+5.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $59,205 (±$21,446)
- Median renter income
- $37,593 (±$8,895)
- Income to afford median rent
- about $38,400
Income in Southwest Harbor against Hancock County, its state and the nation
| Southwest Harbor | Hancock County | Maine | United States | |
|---|---|---|---|---|
| Median household income | $59,205 (±$21,446) | $72,744 (±$3,276) | $74,733 (±$795) | $80,734 |
| Median renter household income | $37,593 (±$8,895) | $40,571 (±$5,495) | $44,257 (±$1,278) | $52,966 |
| Median owner household income | $101,424 (±$26,116) | $83,521 (±$3,918) | $88,635 (±$995) | $100,009 |
| Median gross rent | $959 (±$50) | $1,061 (±$71) | $1,139 (±$13) | $1,413 |
In Southwest Harbor, median household income is not measurably different from Hancock County ($72,744).
It is not measurably different from Maine ($74,733).
It is lower than the national figure ($80,734).
In Hancock County, Southwest Harbor ranks 33 of 36 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 332 of 468.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Southwest Harbor
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $959 a month ($11,508 a year) needs an income of about $38,400 a year.
The median renting household in Southwest Harbor earns $37,593 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $56,017 (±$6,805) | $59,205 (±$21,446) | +5.7% | No measurable change after inflation |
| Median gross rent | $525 (±$373) | $959 (±$50) | +82.7% | No measurable change after inflation |
| Median home value | $292,100 (±$38,625) | $428,500 (±$35,387) | +46.7% | Up 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 Southwest Harbor
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Southwest Harbor | — | $59,205 (±$21,446) | — |
| Cranberry Isles | 4.3 mi | $65,000 (±$37,485) | Not measurably different |
| Mount Desert | 5.3 mi | $92,813 (±$9,462) | Higher |
| Tremont | 7.2 mi | $88,803 (±$8,456) | Higher |
| Frenchboro | 8.1 mi | $42,250 (±$36,666) | Not measurably different |
| Bar Harbor (community) | 9.9 mi | $67,701 (±$16,822) | Not measurably different |
| Bar Harbor | 10.0 mi | $77,180 (±$26,183) | Not measurably different |
| Winter Harbor | 11 mi | $86,250 (±$38,480) | Not measurably different |
| Swans Island | 11 mi | $86,250 (±$13,009) | Higher |
Nearby places with a measurably higher figure: Mount Desert, ME ($92,813), Tremont, ME ($88,803), Swans Island, ME ($86,250).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Hancock County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 27 | Deer Isle | $62,284 (±$15,363) |
| 28 | Verona Island | $61,607 (±$29,927) |
| 29 | Gouldsboro | $60,873 (±$7,216) |
| 30 | Trenton | $60,455 (±$12,546) |
| 31 | Stonington | $60,223 (±$15,504) |
| 32 | Sullivan | $59,643 (±$13,629) |
| 33 | Southwest Harbor | $59,205 (±$21,446) |
| 34 | Brooksville | $56,316 (±$19,950) |
| 35 | Frenchboro | $42,250 (±$36,666) |
| 36 | Great Pond | $22,292 (±$20,585) |
Showing 10 of 36 places in Hancock 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 Southwest Harbor
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Questions about Southwest Harbor
What is the median household income in Southwest Harbor?
The median household income in Southwest Harbor is $59,205 (±$21,446) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Southwest Harbor?
About $38,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $959 a month.
Have incomes in Southwest Harbor kept up with inflation?
In Southwest Harbor, the median household income went from $56,017 in 2015–2019 to $59,205 in 2020–2024 (+5.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Southwest Harbor?
The median renting household in Southwest Harbor, ME earns $37,593 (±$8,895) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Southwest Harbor town, Hancock County, Maine
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Southwest Harbor town, Hancock County, Maine
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Southwest Harbor town, Hancock County, Maine
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Southwest Harbor town, Hancock County, Maine
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Southwest Harbor town, Hancock County, Maine
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Southwest Harbor town, Hancock 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 Southwest Harbor town, Hancock County, Maine (county subdivision:72865, in state:23 county:009).
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 Southwest Harbor at a glance
- Median rent in Southwest Harbor
- Rent by bedrooms in Southwest Harbor
- Rent burden in Southwest Harbor
- Renters and owners in Southwest Harbor
- Home values in Southwest Harbor
- Homeowner costs in Southwest Harbor
- Property taxes in Southwest Harbor
- Types of homes in Southwest Harbor
- Bedrooms in Southwest Harbor
- Age of homes in Southwest Harbor
- Heating fuel in Southwest Harbor
- Commute and cars in Southwest Harbor
- Crime reported to police in Southwest Harbor
- Population growth in Southwest Harbor
- How long people stay in Southwest Harbor
- Maine landlord and tenant rules
- Housing across Hancock County
- Maine places ranked by median household income
- Housing data for every place in Maine