![The Richest Small Town in Maine Right Now](http://townsquare.media/site/698/files/2023/06/attachment-Untitled-design-99.jpg?w=980&q=75)
The Richest Small Town in Maine Right Now
We all dream about it. That day when money is not a worry. Where you can do anything and everything you while living in the most extravagant house and driving the most luxurious car. For most of us in Maine, that's simply a fantasy. But for the residents of one particular small town, life is awfully good.
Go Banking Rates put together a list of the 'Richest Small Towns in Every State'. They've deemed Falmouth Foreside as Maine's richest small town. Go Banking Rates used U.S. Census Bureau data with towns and communities that had 500 to 15,000 households, and then averaged the incomes together.
The results for Falmouth Foreside? The median income rolls in at $175,248. That's an eye-popping average income. However, it still only ranks in the middle on the Go Banking Rates list amongst small towns in America. The highest median small town income in New England belongs to Noroton, Connecticut, where households average $248,125.
There's a little extra nuance to choosing Falmouth Foreside as Maine's richest small town. The nuance is that Falmouth Foreside technically isn't a town. For Census purposes, it's considered a CDP or Census Designated Place. There are many CDP's nationwide, but few in Maine.
The idea behind a CDP is to get a better sense of the demographics of a concentrated populated area. The town of Falmouth is spread out acreage-wise, but the Census noticed a concentration of population in the Foreside neighborhood. Hence, Falmouth Foreside was given a CDP designation and can be considered its own small town for Census purposes.
25 Celebrities Who Have Owned Homes In Maine
Gallery Credit: Joey
Quiz: Do you know your state insect?
Gallery Credit: Andrew Vale
More From 92 Moose
![Free Wednesday Night Concerts Continue This Week With Duke Dog Duo](http://townsquare.media/site/490/files/2024/07/attachment-Untitled-design-2024-07-26T103325.546.jpg?w=980&q=75)
![Give Yourself a Taste of Ireland in This Charming Maine Town](http://townsquare.media/site/490/files/2024/07/attachment-Untitled-design-2024-07-26T093047.960.jpg?w=980&q=75)
![15 Stunningly Beautiful New Hampshire Sunsets You’ll Never Find in the Caribbean](http://townsquare.media/site/701/files/2022/03/attachment-GettyImages-968533638-e1648231616105.jpg?w=980&q=75)
![How Much Do You Have to Make to Be Considered Middle Class in Maine?](http://townsquare.media/site/696/files/2021/11/attachment-check-book.jpg?w=980&q=75)
![Have You Hiked New Hampshire’s Terrifying Cave Trail, Mt. Percival?](http://townsquare.media/site/701/files/2023/08/attachment-GettyImages-1164613779.jpg?w=980&q=75)
![These Are 20 Must-Visit Hidden Gem Destinations in New Hampshire](http://townsquare.media/site/701/files/2023/04/attachment-Untitled-design-58.jpg?w=980&q=75)
![One of the Wealthiest Families in the World Resides in New England](http://townsquare.media/site/701/files/2022/10/attachment-RS46039_GettyImages-91509203-scr.jpg?w=980&q=75)
![These 13 Maine Cities Have the Best Downtowns](http://townsquare.media/site/701/files/2023/04/attachment-Untitled-design-53.jpg?w=980&q=75)
![Do You Know About the Lake Winnipesaukee Mystery Stone in New Hampshire?](http://townsquare.media/site/701/files/2023/05/attachment-1024px-Lake_Winnipesaukee_mystery_stone_at_the_New_Hampshire_Historical_Society_Concord_NH-1.jpg?w=980&q=75)