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Cousins Island

Learn about the people, housing, costs and businesses in Cousins Island, Maine

Median Home$714,600
Median Rent$1,809/month
Population498
Leading IndustriesArts, Food & Hospitality · Healthcare · Construction12% arts, food & hospitality
Home Value Growth⬆⬆+11.8% over 2 years
Retirees21% of residentsnear the national average
Homeowners76% of occupied units
NotableAmenity Score76/100 · highly walkable area
NotableHigh Incomes$113k/year · top 11% nationally
Cousins Island
ME

Frequently Asked Questions

What are today's mortgage rates in Cousins Island?

As of today, the 30-year fixed mortgage rate for Cousins Island is approximately 7.013% (7.057% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Cousins Island?

The median home value in Cousins Island is $715k. The median monthly rent is $1,809. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cousins Island?

Home values in Cousins Island have increased 11.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Cousins Island?

Based on a typical all-in ownership cost of $2,101/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $90k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cousins Island is $113k/year.

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What industries drive the economy in Cousins Island?

The largest employment sectors in Cousins Island are public administration (20%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.