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Wiscasset

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

Median Home$375,032
Median Rent$1,366/month
Population67,738
Leading IndustriesManufacturing · Professional Services · Public Administration1% manufacturing
Home Value Growth⬆⬆+15.6% over 2 years
Retirees22% of residentsslightly above average
Homeowners80% of occupied units
NotableHigh Incomes$96k/year · top 18% 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 6.912% (6.949% 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 $375k. The median monthly rent is $1,366. Annual property taxes average $5k. 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 15.6% 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 $1,583/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $68k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wiscasset is $96k/year.

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What industries drive the economy in Wiscasset?

The largest employment sectors in Wiscasset are public administration (26%) and wholesale trade (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.