States · Maine · Penobscot County

Medway, Maine.

. Bangor, ME metro.

What it costs per month · Medway $2,162/mo

to buy the typical home at today's mortgage rate — +$1,272 (+143%) since Jan 2020.

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 Maine $2,162 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Maine$2,162
  • United States$1,922

Living in Medway, Penobscot County, Maine

Medway is a town of 1,187 people in Penobscot County. Half its households earn more than $55,982 a year and half less, against $66,356 across Penobscot County; 11% of its people live below the poverty line. 92% of its homes are lived in by their owners and 8% are rented. Unemployment in Penobscot County was 3.4% in August 2026, and the county had 0.3% fewer jobs in 2025 than the year before. The most people in Penobscot County work in schools and health care, then shops.

People 1,187 in the 2020 census
Household income $55,982 the median, give or take $10,872 · Penobscot County: $66,356
Unemployment 3.4% Penobscot County, August 2026; 3.2% a year before
Homes 92% lived in by their owners; 8% rented

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Medway is a small Maine town where almost everyone owns the home they live in, and renters are few. Household incomes run below the county's, and relatively few adults hold a four-year degree. Winters are cold, with January the coldest month, and summers are warm but mild, with a good deal of rain and melted snow across the year.

Work. Residents work mostly in schools, hospitals and social care, in shops, in the building trades, and in restaurants, hotels and entertainment. Some work from home, though most do not. Across Penobscot County, the largest workplaces include Eastern Maine Medical Center, the University of Maine and St. Joseph Hospital, and the county has recently seen slightly fewer jobs than the year before.

Things to do. The West Branch Penobscot River is a short drive away, and the rest of the surrounding country is water and woods. A longer drive leads to Katahdin Woods and Waters National Monument, a protected area, and to Katahdin Falls, a waterfall. Also a longer drive away is South Twin Lake, a lake that suits a day by the water.

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  • 462households
  • 5%of adults have a degree
  • 11%below the poverty line
  • 7%work from home

What people in Penobscot County work in

  • Schools, hospitals and social care35%
  • Shops (retail)14%
  • Building trades8%
  • Restaurants, hotels and entertainment8%
  • Professional and business services7%
  • Government5%

Employed residents by industry, from the Census survey. Penobscot County had 71,782 jobs in 2025, 0.3% fewer than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 23° and 3°; warmest in July, 79° and 56° 0° 20° 40° 60° 80° J 23° 3° F M A M J J 79° 56° A S O N D
Average daily high and low for each month: coldest in January, 23° and 3°; warmest in July, 79° and 56° 0° 20° 40° 60° 80° J 23° 3° F M A M J J 79° 56° A S O N D

Coldest in January, with highs near 23° and lows near 3°; warmest in July, with highs near 79° and lows near 56°. About 46 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Millinocket Wastewater weather station, 10 miles away (NOAA).

Largest workplaces in Penobscot County

  1. Eastern Maine Medical CenterGeneral hospital3,272FTE
  2. University of MaineUniversity or college2,590
  3. St Joseph HospitalGeneral hospital902FTE
  4. Husson UniversityUniversity or college645
  5. Bangor Public SchoolsSchool district583FTE
  6. WalmartWarehouse clubs and supercenters517
  7. RSU 19 SchoolsSchool district507FTE
  8. Acadia HospitalPsychiatric hospital483FTE

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 174 workplaces with 20 or more staff, 18,783 people in all across the county; Medway has one of its own. Hospitals come from their Medicare cost reports (CMS, 2023), colleges from IPEDS (NCES, 2023–24) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. Winter weatherVery high
  2. Ice stormsVery high
  3. LightningRelatively high
  4. HurricanesRelatively moderate
  5. Inland floodingRelatively moderate
  6. Strong windRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Penobscot County, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Penobscot County and the Bangor, ME metro.

Medway home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

Not enough data to draw this yet.

Market heat, inside the city limits

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

5 6 7 2026 Medway 7
5 6 7 2026
  • Medway7

Zip codes with a Medway address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Medway — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zillow publishes no zip-level series with this city on the address.