📊 Island Falls Census Dashboard

Economic & Property Value Trends (2010-2025)

💡 Key Insights

Strong Income Growth: Median household income increased 53.5% from 2010 to 2023, outpacing inflation and showing economic resilience.
Improved Affordability: The home value to income ratio dropped to 1.78x in 2023, the best level since 2017, making housing more accessible.
Valuation Gap Concern: A $17.7M gap exists between state ($112.4M) and assessed ($94.7M) valuations in 2025, potentially affecting municipal finances.
Mill Rate Improvement: Mill rate decreased 17.9% since 2020 despite rising valuations, indicating efficient municipal management.
Regional Standing: Island Falls ranks 14th out of 65 Aroostook County municipalities by 2025 valuation.
$59,318
Median Household Income (2023)
▲ 53.5% since 2010
$105,800
Median Home Value (2023)
▼ 4.0% since 2010
1.78
Home Value to Income Ratio
▼ Improved affordability
$112.4M
State Valuation (2025)
▲ 79.0% since 2007
$94.7M
Assessed Valuation (2025)
▲ 34.6% since 2020
$17.7M
Valuation Gap (2025)
State vs Assessed
779
Population Estimate (July 2023)
U.S. Census Bureau
19.5
Mill Rate (2025)
▼ 17.9% since 2020
$2.19M*
Tax Commitment (2025)
*Estimated

📈 Island Falls Income Trends

🏠 Median Home Values Comparison

💰 Home Affordability Index

🏛️ Island Falls Municipal Valuation

⚖️ Maine State Valuation vs Assessed Valuation & Mill Rate

Shows the growing gap between State valuation and local assessed valuation, with mill rate trend

📊 Island Falls vs Neighboring Municipalities (2007-2025)

Comparison of municipal valuations over time with similar-sized towns

🏆 Aroostook County Municipalities by 2025 Valuation

Showing all municipalities with available 2025 data (in millions USD)