Everything You Should Know Before Moving to Carrabassett Valley, ME
Considering a move to Carrabassett Valley, ME? This scenic mountain town of 760 residents offers a relaxed lifestyle with affordable homes (median price $335,000) and average rents around $1,250. The crime rate is low, and most locals commute just 18 minutes—perfect for enjoying the area’s outdoor recreation, including world-class skiing at Sugarloaf. With excellent air quality, strong public school options, and a welcoming small-town atmosphere, Carrabassett Valley is ideal for those seeking adventure and tranquility in Maine’s High Peaks.
Demographics - Carrabassett Valley, ME
Demographics - Carrabassett Valley, ME
Carrabassett Valley is a small, close-knit community of about 760 people, with a low population density and a median age of 54. The town is predominantly White, and the population has a nearly balanced gender ratio. Non-English speakers make up a very small percentage, contributing to the town's cohesive local culture.
Population:
760
Density:
16 per sq mi
Median Age:
54.0
Gender Ratio:
104 males per 100 females
Non-English Speakers Percentage:
2.0%
Ethnic Composition
White:
97.0%
Black:
0.5%
Asian:
0.5%
Others:
2.0%
Cost Of Living
What is the average cost of living in Carrabassett Valley, ME?
The cost of living in Carrabassett Valley is slightly above the national average, with a cost of living index of 106. Housing is affordable by regional standards, with a median home value of $335,000 and average monthly rent around $1,250. Utility and grocery costs are moderate, and state tax rates range from 5.8% to 7.15%.
Median House Value:
$335,000
Gross Rent:
$1,250
Monthly Electricity Charges:
$130
Auto Insurance:
$950
House Owner Cost With Mortgage:
$1,650
House Owner Cost Without Mortgage:
$570
State Taxes:
Low:
5.8%
|
High:
7.15%
Cost Of Living Index:
106.0
Grocery:
103.0
Housing:
110.0
Utilities:
104.0
Transportation:
98.0
Health Care:
97.0
Miscellaneous:
99.0
Crime
Is Carrabassett Valley, ME a safe place to live?
Carrabassett Valley enjoys a very low crime rate, with only 80 violent crimes and 780 property crimes per 100,000 residents. Residents have a 1 in 1,250 chance of being affected by violent crime, making it a safe place to live. The overall crime index reflects a secure and peaceful environment.
Violent Crimes Per 100k:
80
Property Crimes Per 100k:
780
Crime Index:
860
Chance Of Violent Crime:
1 in 1,250
Chance Of Property Crime:
1 in 128
Weather
What is the weather like in Carrabassett Valley, ME year-round?
The weather in Carrabassett Valley features cold, snowy winters with lows near 5°F and pleasant summers with highs around 75°F. The town receives about 44 inches of rainfall annually and enjoys sunshine approximately 45% of the year. This climate is ideal for outdoor enthusiasts, especially those who enjoy winter sports.
Winter
Min:
5°F
Max:
27°F
Spring
Min:
28°F
Max:
58°F
Summer
Min:
53°F
Max:
75°F
Fall
Min:
32°F
Max:
60°F
Average Rainfall Inches:
44 inches
Sunny Days Percentage:
45%
Neighbors
Residents of Carrabassett Valley earn a median household income of $61,500, with a family income of $75,000 and a poverty rate of 9%. Most neighbors are well-educated, with 96% holding at least a high school diploma, and commute times are short at just 18 minutes on average. The area has a low unemployment rate and a strong sense of community.
Median Income:
$38,000
Household Income:
$61,500
Family Income:
$75,000
Per Capita Income:
$34,000
Income Male:
$42,000
Income Female:
$34,000
Poverty Rate:
9.0%
Non English Speakers:
2.0%
Rent:
$1,250
Unemployment Rate:
3.5%
Public Transport Usage:
0.5%
Commute Time:
18 minutes
Education
High School or Higher:
96.0%
Bachelors or More:
38.0%
Education
How are the schools in Carrabassett Valley, ME?
Carrabassett Valley offers strong educational opportunities with Stratton Elementary School providing small class sizes and personalized attention. Nearby, the University of Maine at Farmington is within commuting distance for higher education, supporting both families and lifelong learners. The community values education, as reflected in its high graduation rates.
Public Schools
Name:
Stratton Elementary School
Street:
65 School St, Stratton, ME 04982
Phone:
207-246-2283
Students:
110
Student Teacher Ratio:
10:1
Colleges
Name:
University of Maine at Farmington
City:
Farmington
State:
ME
Distance:
34 miles
Students:
1,800
Healthcare
Healthcare in Carrabassett Valley is supported by nearby Franklin Memorial Hospital, offering general and emergency services in Farmington. The area has 2.4 physicians per 1,000 residents and high health insurance coverage at 94.5%. Overall healthcare is accessible, making the town suitable for individuals and families seeking reliable medical support.
Major Hospitals
Name:
Franklin Memorial Hospital
Address:
111 Franklin Health Commons, Farmington, ME 04938
Phone:
(207) 778-6031
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.4
Health Insurance Coverage:
94.5%
Health Care Index:
78.0
Housing Market
What is the housing market like in Carrabassett Valley, ME?
The housing market in Carrabassett Valley is stable, with a median home price of $335,000 and a high owner-occupied rate of 82%. Home values have appreciated by 7.2% over the past year, and rental options remain available with an average two-bedroom rent of $1,250. The low foreclosure and vacancy rates indicate a healthy, competitive market.
Median Home Price:
$335,000
Average Rent For 2 Bedroom:
$1,250
Owner Occupied Rate:
82.0%
Rental Vacancy Rate:
8.5%
Home Appreciation Rate (1yr):
7.2%
New Construction Rate:
0.6%
Foreclosure Rate:
0.3%
DMV Information
For driver services and vehicle registration, residents use the Maine Bureau of Motor Vehicles located in Augusta. The DMV provides comprehensive services including licensing, registration, and information through its accessible website and customer support. This ensures convenient access for Carrabassett Valley residents to state motor vehicle resources.
State:
Maine
Department:
Maine Bureau of Motor Vehicles
Address:
19 Anthony Avenue, Augusta, ME 04333
Phone:
1-207-624-9000
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.