Freeport, ME Profile: Facts & Data

The Freeport CDP⁽¹⁾ had a population of 1,844 as of July 1, 2024. Freeport ranks in the upper 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 Freeport is located at latitude 43.857 and longitude -70.1031 in Cumberland County. The formal boundaries for the Freeport Census Designated Place encompass a land area of 1.72 sq. miles and a water area of 0 sq. miles. Cumberland County is in the Eastern time zone (GMT -5).

The Freeport Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

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.

Freeport, ME Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	1,844 (100%)
Population in Households	1,769 (95.9%)
Population in Families	1,295 (70.2%)
Population in Group Quarters¹	75 ( 4.1%)
Population Density	1,075
Diversity Index²	33


INCOME
Median Household Income	$73,058
Average Household Income	$82,478
% of Income for Mortgage⁴	33%
Per Capita Income	$34,867
Wealth Index⁵	58
Socioeconomic Status Index⁶	Moderate (51.7)

HOUSING
Total HU (Housing Units)	874 (100%)
Owner Occupied HU	399 (45.7%)
Renter Occupied HU	379 (43.4%)
Vacant Housing Units	96 (11.0%)
Median Home Value	$386,620
Average Home Value	$374,311
Housing Affordability Index³	71

HOUSEHOLDS
Total Households	778
Average Household Size	2.27
Family Households	393
Average Family Size	3.00

NOTES

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.
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.
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.
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).
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.
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.

Freeport, ME - Peer Comparisons by Rank and Percentile

The table below compares Freeport to the other 155 incorporated cities, towns and CDPs in Maine by rank and percentile using July 1, 2024 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	1.93%	0.66%
Households	0.83%	0.61%
Families		0.60%
Median Household Income		1.93%
Per Capita Income		3.34%
Owner Occupied HU		1.65%

Variable Description	Rank	Percentile
Total Population	# 73	54th
Population Density	# 21	87th
Median Household Income	# 53	66th
Housing Affordability Index	# 37	24th
Per Capita Income	# 100	36th
Diversity Index	# 11	94th

Freeport, ME Profile: Facts & Data

Freeport, Maine - Basic Facts

Freeport, ME Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Freeport, ME - Peer Comparisons by Rank and Percentile

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