Rangeley, Maine.
Typical home $507,612 (+3.1% in a year).
to buy the typical home at today's mortgage rate — +$1,651 (+163%) since Jan 2020.
- 1 year
- Up $15,127 +3%
- $492,486$507,612 since Sep 2025
- 5 years
- Up $115,730 +30%
- $391,882$507,612 since Sep 2021
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.
- Rangeley$2,664
- Maine$2,162
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Rangeley, ME rose 3.1% over the past year — faster than the nation's +1.2%.
Living in Rangeley, Franklin County, Maine
Rangeley, in Franklin County, had 590 people in the 2020 census. Unemployment in Franklin County was 3.8% in August 2026, and the county had 0.1% fewer jobs in 2025 than the year before. The most people in Franklin County work in schools and health care, then shops.
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 It can be wrong or out of date.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. Rangeley is a small lake town in western Maine, and its population is older than in most places. Few residents live below the poverty line, and homes here are valued well above what most of the country would expect for a town this size. Winters are long, cold and very snowy, with January the coldest month, while summers are mild and July is the warmest; precipitation falls steadily through the year.
Work. Across Franklin County, most residents work in schools, hospitals and social care, with shops, manufacturing, and professional and business services close behind. The largest workplaces across the county include Franklin Memorial Hospital, RSU 09 Schools and the University of Maine at Farmington. Unemployment across the county is a little higher than a year ago, and the number of jobs has slipped slightly.
Things to do. Rangeley Lake sits in or beside town, and Saddleback Maine, a ski area, is a short drive away. Smalls Falls, a waterfall, is also a short drive away, and Mooselookmeguntic Lake is another short drive for anyone who wants more water. With so much snow each year, winter sports are a natural part of life here.
Report a mistake
- 2%below the poverty line
- 8%work from home
What people in Franklin County work in
Employed residents by industry, from the Census survey. Franklin County had 10,512 jobs in 2025, 0.1% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 23° and lows near 0°; warmest in July, with highs near 76° and lows near 53°. About 123 inches of snow and 43 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Rangeley weather station, under a mile away (NOAA).
Largest workplaces in Franklin County
- Franklin Memorial HospitalGeneral hospital606FTE
- RSU 09 SchoolsSchool district548FTE
- University of Maine at FarmingtonUniversity or college332
- WalmartWarehouse clubs and supercenters275
- LifeMadeDinnerware, plastics, manufacturing164
- HannafordGrocery stores144
- RSU 58/msad 58 SchoolsSchool district134FTE
- Town of WiltonCity and town managers' offices102
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 28 workplaces with 20 or more staff, 2,032 people in all across the county; Rangeley has one of its own. Hospitals come from their Medicare cost reports (CMS, 2023), school districts from the Common Core of Data (NCES, 2023–24) and colleges from IPEDS (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
- Winter weatherVery high
- LightningRelatively high
- Cold wavesRelatively high
- HurricanesRelatively moderate
- Ice stormsRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Rangeley’s census tracts, 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 Franklin County.
Rangeley home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Rangeley$507,612
- Maine$412,002
- United States$366,157
Sellers are cutting prices on about 1 in 4 Rangeley listings — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Rangeley25.56%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Rangeley41
New listings per month
Sellers arriving at the market.
- Rangeley8
Zip codes with a Rangeley address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Rangeley — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.