Island Falls, ME Profile: Facts & Data

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Island Falls, Maine - Basic Facts

The Island Falls CDP(1) had a population of 272 as of July 1, 2023. Island Falls ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Maine. See peer rankings below.

The primary coordinate point for Island Falls is located at latitude 46.0092 and longitude -68.2714 in Aroostook County. Aroostook County is in the Eastern time zone (GMT -5).

It also has a Functional Status Code of ""

The Island Falls Census Designated Place is located within Town of Island Falls, a minor civil division (MCD) of Aroostook County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Island Falls 2023 Demographic Data
  2. Growth Rates for Island Falls (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Maine Research Tools (Easy Tools & Current Data)
  3. Maine Data Comparison Tool - 2023 Demographics
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Island Falls, ME Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 272 (100%)
Population in Households 268 (98.5%)
Population in Families 188 (69.1%)
Population in Group Quarters1 4 ( 1.5%)
Population Density 216
Diversity Index2 12
 
 

INCOME

Median Household Income $49,199
Average Household Income $80,101
% of Income for Mortgage4 24%
Per Capita Income $39,485
Wealth Index5 88
Socioeconomic Status Index6 Moderate (53.6)
 

HOUSING

Total HU (Housing Units) 196 (100%)
Owner Occupied HU 114 (58.2%)
Renter Occupied HU 20 (10.2%)
Vacant Housing Units 62 (31.6%)
Median Home Value $192,500
Average Home Value $275,000
Housing Affordability Index3 97
 

HOUSEHOLDS

Total Households 134
Average Household Size 2.00
Family Households 68
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -3.85% -0.52%
Households -1.55% -0.30%
Families   -0.60%
Median Household Income   1.76%
Per Capita Income   5.02%
Owner Occupied HU   -1.08%

Island Falls, ME - Peer Comparisons by Rank and Percentile

The table below compares Island Falls to the other 155 incorporated cities, towns and CDPs in Maine by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 151 3rd
Population Density # 127 19th
Median Household Income # 111 29th
Housing Affordability Index # 72 46th
Per Capita Income # 53 66th
Diversity Index # 143 8th

Additional comparisons and rankings can be made with a VERY EASY TO USE Maine Census Data Comparison Tool.

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