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 and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	575	98.63%
Two or more races	5	0.86%
Other race	3	0.51%

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