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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.
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.
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%.
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.
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.
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.
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.
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.
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.
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.
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.
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