ZIP Code 04543 -- Damariscotta, ME

Lincoln | 2024 American Community Survey Data

Key Insights

  • Home prices are 6.1x the local median income — well above the recommended 3-5x ratio, suggesting a very expensive housing market.

Quick Overview

Population
2,192
Unknown
Median Income
$59,423
Home Value
$363,500
Median Rent
$1,027
Median Age
49.30
Diversity Index
2.70
Very Low
Cost of Living
112.1
above average
Unemployment
8.3%

About ZIP Code 04543

ZIP code 04543 in Damariscotta, Maine is a unknown area with a population of 2,192. The median household income is $59,423, which is This is 21% below the national median of $75,000.. The median home value is $363,500, representing a price-to-income ratio of 6.1x . The cost of living is above average with an index of 112.1 (the national average is 100). Residents have a median age of 49.30 years. Approximately 41.9% of adults hold a bachelor's degree or higher. This ZIP code is located in Lincoln, ME.

Population & Age

Total Population
2,192
Median Age
49.30
Male Population
953
43.5%
Female Population
1,239
56.5%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
2.70 Very Low
White
98.6%
Black or African American
0.0%
Hispanic or Latino
0.0%
Asian
0.2%
Native American
0.0%
Pacific Islander
0.0%
Two or More Races
0.8%
Other Race
0.4%

Racial Composition

Income & Economy

Median Household Income
$59,423
Mean Household Income
$95,645
Per Capita Income
$42,644
Below Poverty Line
11.9%

This is 21% below the national median of $75,000.

Income Distribution

Housing

Median Home Value
$363,500
Median Rent
$1,027
Total Housing Units
1,302
Occupied Units
988
Vacant Units
314
24.1% vacancy
Median Year Built
1981
Owner Occupied
70.0%
Renter Occupied
30.0%
Price-to-Income Ratio 6.1x

Housing is expensive relative to income

Ownership vs Rental

Owner 70.0% Renter 30.0%

Education

High School Diploma or Higher 96.4%
Bachelor's Degree or Higher 41.9%
Graduate or Professional Degree 18.7%

Employment & Commuting

Civilian Labor Force
908
Employment Rate
91.7%
Unemployment Rate
8.3%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
80.8%
Carpool
2.6%
Public Transit
0.0%
Work from Home
13.2%

Cost of Living Index

112.1
above average

The cost of living in ZIP code 04543 is 12.1% above the national average of 100.

0 National Avg (100) 200

Compare 04543 with:

Compare 04543 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Lincoln

ZIP Code City Population Median Income
04572 Waldoboro 5,253 $69,107
04578 Wiscasset 4,709 $81,063
04348 Jefferson 3,484 $78,929
04353 North whitefield 2,115 $73,875
04553 Newcastle 1,913 $89,868
04555 Nobleboro 1,906 $100,417

Frequently Asked Questions about ZIP Code 04543

ZIP code 04543 (Damariscotta, ME) has a total population of 2,192 according to the 2024 American Community Survey. The median age is 49.30 years.

The median household income in ZIP code 04543 is $59,423 per year, based on 2024 Census Bureau data. This is 21% below the national median of $75,000.

ZIP code 04543 is primarily located in Damariscotta, Maine (ME). It falls within Lincoln County.

The median home value in ZIP code 04543 is $363,500, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $1,027.

The median age in ZIP code 04543 is 49.30 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 04543 has a cost of living index of 112.13 (national average = 100). This means the cost of living is above average compared to the national average.

In ZIP code 04543, 41.94% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 18.69% hold a graduate or professional degree.

The unemployment rate in ZIP code 04543 is 8.26%, which is above the national average of 3.6%. About 13.21% of workers work from home.

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.