Oak Terrace, ME
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Oak Terrace, ME: Quick Facts & Overview
- Population: 8,389 residents (875 people per sq. mi.)
- Average House Price: $458,006
- Average Household Income: $85,084
Oak Terrace, ME is located in the state of Maine. It is home to about 8,389 people, with around 875 residents living in every square mile.
If you want to buy a house in Oak Terrace, the average price is around $458,006. That makes local housing 64% higher than the Maine average of $279,725, and 48% higher than the national average of $308,592.
The average household in Oak Terrace earns about $85,084 a year. This income is 16% higher than the average family in Maine ($73,507), and 8% higher than the national average ($78,686).
Population
8,389
Median Household Income
$85,084
Median Home Value
$458,006
Median Age
46.4 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $47,394 |
| Labor Force Participation | 62.3% |
| Unemployment Rate | 5.0% |
| Average Commute Time | 18.8 mins |
Housing & Community Metrics
| Home Ownership Rate | 63.6% |
| Median Rent | $1,651 |
| Rent Burdened (>30% Income) | 28.3% |
| Total Housing Units | 3,955 |
Additional Census & Housing Profile
Geographic Overview
| County | York |
| County FIPS | 23031 |
| Metro Area (CBSA) | Portland-South Portland, ME |
| Combined Area (CSA) | Portland-Lewiston-South Portland, ME |
| Population Density | 875.0/sq mi |
| Coordinates (lat/lng) | 43.0893, -70.7578 |
| Timezone | America/New_York |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.63 |
| Dual Income Families | 54.4% |
Marital Status
| Married | 53.1% |
| Never Married | 26.5% |
| Divorced | 14.8% |
| Widowed | 5.6% |
Gender
| Male | 44.6% |
| Female | 55.4% |
Health & Poverty
| Uninsured Rate (Health) | 3.8% |
| Poverty Rate | 7.1% |
Key Population Groups
| Veterans | 9.7% |
| Disabled Population | 19.0% |
| Limited English Proficiency | 0.2% |
All ZIP Codes in Oak Terrace
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 03904 | 8,389 | $85,084 | $458,006 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Kittery, ME | 2.4 miles | 10,473 |
| Portsmouth, NH | 2.5 miles | 104,019 |
| New Castle, NH | 2.5 miles | 827 |
| Kittery Point, ME | 3 miles | 935 |
| South Eliot, ME | 3.3 miles | 4,203 |
| Newington, NH | 3.9 miles | 939 |
| Eliot, ME | 4.4 miles | 7,146 |
| Rye, NH | 5.2 miles | 5,611 |
| Greenland, NH | 5.7 miles | 4,106 |
| York Harbor, ME | 6.6 miles | 4,240 |
| York, ME | 8.1 miles | 13,986 |
| Durham, NH | 8.4 miles | 15,080 |
| North Hampton, NH | 8.4 miles | 4,543 |
| Stratham, NH | 8.8 miles | 7,754 |
| Cape Neddick, ME | 8.9 miles | 2,453 |
| Dover, NH | 9.4 miles | 74,236 |
| Newmarket, NH | 9.9 miles | 9,463 |
| Rollinsford, NH | 10 miles | 2,626 |
| South Berwick, ME | 10.1 miles | 3,381 |
| South Berwick, ME | 10.3 miles | 7,670 |
| Madbury, NH | 11 miles | 2,203 |
| Hampton, NH | 11.1 miles | 16,426 |
| Newfields, NH | 11.1 miles | 2,023 |
| Hampton Beach, NH | 12.4 miles | 2,605 |
| Exeter, NH | 12.5 miles | 16,151 |
| Lee, NH | 12.7 miles | 4,576 |
| Hampton Falls, NH | 12.9 miles | 2,328 |
| Somersworth, NH | 13 miles | 12,111 |
| Ogunquit, ME | 13.6 miles | 1,379 |
| Seabrook Beach, NH | 14.5 miles | 1,001 |
| Kensington, NH | 14.8 miles | 2,009 |
| Seabrook, NH | 14.9 miles | 8,427 |
| Berwick, ME | 15.2 miles | 8,175 |
| Brentwood, NH | 16.1 miles | 4,641 |
| Epping, NH | 16.2 miles | 7,430 |
| Barrington, NH | 16.7 miles | 9,489 |
| East Kingston, NH | 16.8 miles | 2,311 |
| Wells, ME | 17.6 miles | 11,713 |
| Salisbury, MA | 17.6 miles | 9,281 |
| South Hampton, NH | 17.6 miles | 984 |
| North Berwick, ME | 17.7 miles | 5,129 |
| Rochester, NH | 18.3 miles | 33,144 |
| Nottingham, NH | 18.5 miles | 5,357 |
| Kingston, NH | 19.7 miles | 6,275 |
| Fremont, NH | 19.8 miles | 4,831 |
| Newburyport, MA | 20.2 miles | 18,652 |
| Newton, NH | 21 miles | 4,836 |
| Danville, NH | 21.5 miles | 4,531 |
| Merrimac, MA | 21.6 miles | 6,748 |
| Raymond, NH | 22.6 miles | 10,900 |
| Newbury, MA | 22.8 miles | 6,777 |
| Lebanon, ME | 23 miles | 6,629 |
| West Newbury, MA | 23 miles | 4,591 |
| Sanford, ME | 23.2 miles | 22,247 |
| Kennebunk, ME | 23.3 miles | 11,820 |
| Strafford, NH | 23.7 miles | 4,306 |
| Sandown, NH | 24.1 miles | 6,628 |
| West Kennebunk, ME | 24.1 miles | 1,395 |
| Plaistow, NH | 24.3 miles | 7,861 |
| Northwood, NH | 24.3 miles | 4,688 |
| Farmington, NH | 24.8 miles | 6,795 |
| Hampstead, NH | 25.3 miles | 9,102 |
| Deerfield, NH | 25.4 miles | 4,932 |
| Rowley, MA | 26.2 miles | 6,251 |
| Chester, NH | 26.3 miles | 5,300 |
| Kennebunkport, ME | 26.3 miles | 3,684 |
| Groveland, MA | 26.7 miles | 6,777 |
| Atkinson, NH | 26.8 miles | 7,267 |
| Arundel, ME | 26.8 miles | 4,418 |
| Haverhill, MA | 26.9 miles | 67,698 |
| Alfred, ME | 27.4 miles | 3,125 |
| Georgetown, MA | 27.7 miles | 8,474 |
| Milton, NH | 27.9 miles | 4,538 |
| Candia, NH | 27.9 miles | 4,134 |
| Ipswich, MA | 28.2 miles | 13,930 |
| Lyman, ME | 29.1 miles | 4,612 |
| Derry, NH | 29.8 miles | 34,116 |
| Biddeford, ME | 30.3 miles | 22,498 |
| Auburn, NH | 30.4 miles | 6,119 |
| Epsom, NH | 30.6 miles | 4,939 |
| Rockport, MA | 30.8 miles | 7,009 |
| Union, NH | 30.8 miles | 131 |
| Barnstead, NH | 30.9 miles | 4,994 |
| Boxford, MA | 31.1 miles | 8,208 |
| Salem, NH | 31.2 miles | 30,964 |
| Pittsfield, NH | 31.2 miles | 4,105 |
| Essex, MA | 31.4 miles | 3,701 |
| Middleton, NH | 31.4 miles | 1,595 |
| Acton, ME | 31.5 miles | 2,721 |
| Allenstown, NH | 31.7 miles | 4,743 |
| Gloucester, MA | 32.2 miles | 30,075 |
| Shapleigh, ME | 32.3 miles | 2,976 |
| New Durham, NH | 32.3 miles | 2,748 |
| Hamilton, MA | 32.4 miles | 7,600 |
| Topsfield, MA | 32.6 miles | 6,564 |
| Dayton, ME | 32.9 miles | 2,313 |
| North Andover, MA | 33.3 miles | 31,490 |
| Windham, NH | 33.6 miles | 16,038 |
| Lawrence, MA | 33.8 miles | 88,736 |
| South Hooksett, NH | 33.9 miles | 5,902 |