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The total population of Carrabassett Valley town is estimated to be 600 with 343 males (57.17%) and 257 females (42.83%). There are 86 less females than males in Carrabassett Valley town.
The median household income in Carrabassett Valley town was $59,406 in 2021, which marked an a decrease of 16,514(21.75%) from $75,920 in 2020. This income is 79.63% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Carrabassett Valley town sees its highest median household income among householders in the age group of 25 to 44 years old, at $59,225. Overall, the median household income for the town of Carrabassett Valley town stands at $59,406.
In Carrabassett Valley town, the median income for all workers aged 15 years and older, regardless of work hours, was $57,877 for males and $27,445 for females. However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $58,321 for males, while data for females was unavailable due to an insufficient number of sample observations.
In Carrabassett Valley town, population is primarily represented by White households, reporting a median income of $59,406.
In 2022, the population of Carrabassett Valley town was 690, a 1.17% increase year-by-year from 2021. Previously, in 2021, Carrabassett Valley town's population was 682, an increase of 1.64% compared to a population of 671 in 2020.
The median age in Carrabassett Valley, Maine is 60.6, as per 2021 ACS 5-Year Estimates. Of the total population, 4.27% were under the age of 15, 14.33% aged 15 to 29, 36.01% aged 30 to 64, 45.39% aged 65 to 84, and 0.00% were 85 years of age and older.
Racial distribution of Carrabassett Valley town population: 100% are White.