Carrabassett Valley

County:: Franklin County
County Seat:: No
Area (mi²):: 77.48
State:: Maine

Carrabassett Valley is located in Franklin County, Maine. Carrabassett Valley has a 2025 population of 719. Carrabassett Valley is currently growing at a rate of 1.27% annually and its population has increased by 6.68% since the most recent census, which recorded a population of 674 in 2020.

The average household income in Carrabassett Valley is $161,582 with a poverty rate of 2.22%. The median age in Carrabassett Valley is 62.1 years: 66.2 years for males, and 58.1 years for females.

Demographics

The racial composition of Carrabassett Valley includes 98.63% White, and smaller percentages for Two or more races, other race, Black or African American, Native American, Asian, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Two or more races

Other race

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	575	98.63%
Two or more races	5	0.86%
Other race	3	0.51%
Black or African American	0	0%
Native American	0	0%
Asian	0	0%
Native Hawaiian or Pacific Islander	0	0%

Carrabassett Valley Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Carrabassett Valley's average per capita income is $36,185. Household income levels show a median of $69,583. The poverty rate stands at 2.22%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$203,333	-
Families	$198,125	$242,623
Households	$69,583	$161,582
Non Families	$60,440	$60,943

$36,185

Average Income

$69,583

Median Household Income

2.22%

Poverty Rate