What is the median household income in Topsham, ME?
The median household income in Topsham, ME is $91,028 (±$9,915) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,355 a month would take about $54,200 a year at the common guideline of spending no more than 30% of income on rent.
In Topsham, the median household income went from $74,968 in 2015–2019 to $91,028 in 2020–2024 (+21.4%).
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
- $91,028 (±$9,915)
- Median renter income
- $71,017 (±$22,287)
- Income to afford median rent
- about $54,200
Income in Topsham against Sagadahoc County, its state and the nation
| Topsham | Sagadahoc County | Maine | United States | |
|---|---|---|---|---|
| Median household income | $91,028 (±$9,915) | $87,806 (±$5,189) | $74,733 (±$795) | $80,734 |
| Median renter household income | $71,017 (±$22,287) | $46,232 (±$5,040) | $44,257 (±$1,278) | $52,966 |
| Median owner household income | $97,770 (±$14,184) | $97,885 (±$5,949) | $88,635 (±$995) | $100,009 |
| Median gross rent | $1,355 (±$642) | $1,098 (±$82) | $1,139 (±$13) | $1,413 |
In Topsham, median household income is not measurably different from Sagadahoc County ($87,806).
It is also higher than in Maine ($74,733).
It is higher than the national figure ($80,734).
In Sagadahoc County, Topsham ranks 7 of 10 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 71 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 Topsham
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 $1,355 a month ($16,260 a year) needs an income of about $54,200 a year.
The median renting household in Topsham earns $71,017 a year.
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 | $74,968 (±$5,627) | $91,028 (±$9,915) | +21.4% | No measurable change after inflation |
| Median gross rent | $919 (±$74) | $1,355 (±$642) | +47.4% | No measurable change after inflation |
| Median home value | $232,000 (±$9,752) | $360,800 (±$19,993) | +55.5% | 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 Topsham
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Topsham | — | $91,028 (±$9,915) | — |
| Brunswick | 4.8 mi | $74,952 (±$6,048) | Lower |
| Brunswick (community) | 5.4 mi | $70,722 (±$4,963) | Lower |
| Bath | 5.8 mi | $69,390 (±$11,502) | Lower |
| Lisbon Falls | 5.9 mi | $72,344 (±$9,486) | Lower |
| Bowdoinham | 7.1 mi | $108,479 (±$20,937) | Not measurably different |
| Lisbon | 7.2 mi | $77,819 (±$8,723) | Lower |
| Bowdoin | 7.5 mi | $91,239 (±$13,333) | Not measurably different |
| West Bath | 8.0 mi | $103,333 (±$27,297) | Not measurably different |
Nearby places with a measurably lower figure: Brunswick, ME ($74,952), Brunswick (community), ME ($70,722), Bath, ME ($69,390).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Sagadahoc County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Bowdoinham | $108,479 (±$20,937) |
| 2 | Phippsburg | $107,833 (±$18,782) |
| 3 | West Bath | $103,333 (±$27,297) |
| 4 | Woolwich | $102,175 (±$26,064) |
| 5 | Arrowsic | $99,107 (±$26,717) |
| 6 | Bowdoin | $91,239 (±$13,333) |
| 7 | Topsham | $91,028 (±$9,915) |
| 8 | Georgetown | $84,250 (±$32,732) |
| 9 | Bath | $69,390 (±$11,502) |
| 10 | Richmond | $65,854 (±$10,491) |
The figures for Topsham include the places inside it that have pages of their own: Topsham (community).
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 Topsham
What is the median household income in Topsham?
The median household income in Topsham is $91,028 (±$9,915) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Topsham?
About $54,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,355 a month.
Have incomes in Topsham kept up with inflation?
In Topsham, the median household income went from $74,968 in 2015–2019 to $91,028 in 2020–2024 (+21.4%).
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 Topsham?
The median renting household in Topsham, ME earns $71,017 (±$22,287) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Topsham town, Sagadahoc County, Maine
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Topsham town, Sagadahoc County, Maine
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Topsham town, Sagadahoc County, Maine
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Topsham town, Sagadahoc County, Maine
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Topsham town, Sagadahoc County, Maine
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Topsham town, Sagadahoc 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 Topsham town, Sagadahoc County, Maine (county subdivision:76960, in state:23 county:023).
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
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- Median rent in Topsham
- Rent by bedrooms in Topsham
- Rent burden in Topsham
- Renters and owners in Topsham
- Home values in Topsham
- Homeowner costs in Topsham
- Property taxes in Topsham
- Types of homes in Topsham
- Bedrooms in Topsham
- Age of homes in Topsham
- Heating fuel in Topsham
- Commute and cars in Topsham
- Crime reported to police in Topsham
- Population growth in Topsham
- How long people stay in Topsham
- Crowding and facilities in Topsham
- Maine landlord and tenant rules
- Housing across Sagadahoc County
- Maine places ranked by median household income
- Housing data for every place in Maine