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Wiscasset

Learn about the people, housing, costs and businesses in Wiscasset, Maine

Median Home$312,400
Median Rent$1,351/month
Population1,266
Leading IndustriesTransportation · Retail · Education5% transportation
Home Value Growth⬆⬆⬆+31.5% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners86% of occupied units
NotableTransit84/100 · excellent transit access
NotableVeteran Community10% of residents · top 14% nationally
Wiscasset
ME

Frequently Asked Questions

What are today's mortgage rates in Wiscasset?

As of today, the 30-year fixed mortgage rate for Wiscasset is approximately 6.898% (6.934% 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 Wiscasset?

The median home value in Wiscasset is $312k. The median monthly rent is $1,351. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wiscasset?

Home values in Wiscasset have increased 31.5% 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 Wiscasset?

Based on a typical all-in ownership cost of $1,312/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wiscasset is $80k/year.

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What industries drive the economy in Wiscasset?

The largest employment sectors in Wiscasset are public administration (22%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.