04240 can be classified socioeconomically as Lower Middle Class class compared to other ZIP Codes in Maine based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 04240 is White. The majority race/ethnicity attending public schools in 04240 is White. The current unemployment level in 04240 is 2.8%.
| Population | 37,577 |
| Population Growth Rate | 0.00% |
| Population Density | 1,026 People per Square Mile |
| Total Households | 14,990 |
| Percentage High Income Households | 1.2% |
| Median Household Income (2021) | $48,069 |
| Average Adjusted Gross Income (2021) | $410,350 |
| Current Unemployment Rate (September 2025) | 2.8% |
| Sales Tax Rate (2025) | 5.5% |
| Majority Race/Ethnicty | White - 87.76% |
| Public School Majority Race/Ethnicty | White - 54.70% |
04240 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 30,538 | 87.73% |
| Black | 2,656 | 7.63% |
| Hispanic | 798 | 2.29% |
| Asian | 731 | 2.1% |
| Native American | 73 | 0.21% |
| Hawaiian/Pac. Islander | 13 | 0.04% |
04240 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 2,973 | 57.39% |
| Black | 1,967 | 37.97% |
| Hispanic | 168 | 3.24% |
| Asian | 49 | 0.95% |
| Native American | 16 | 0.31% |
| Hawaiian/Pac. Islander | 7 | 0.14% |
04240 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 2,016 | 9.77% |
| Bachelor Degree | 2,317 | 11.22% |
| High School Diploma | 7,206 | 34.91% |
| No High School Diploma | 409 | 1.98% |
| GED or Alternate | 2,130 | 10.32% |
| 1 or More Years of College | 3,373 | 16.34% |
| Associates Degree | 1,982 | 9.6% |
| Masters Degree | 875 | 4.24% |
| Professional Degree | 217 | 1.05% |
| Doctorate Degree | 117 | 0.57% |