HomeMaineCumberland CountySteep Falls
Steep Falls, Maine: commercial real estate data.
Steep Falls is a Census CDP of 1,861 people across 10.03 square miles of land, in Cumberland County. Median household income is $80,280, 80.2 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $248,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Steep Falls
What Steep Falls is
- Census place typeCDP
- Land area10.03 sq mi
- Water area0.16 sq mi
- Population per square mile of land185 plus or minus 55
- County holding the largest share of its areaCumberland County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Steep Falls
How many people live in Steep Falls
- Population1,861 plus or minus 550
- Median age44.1
- Population under 18427 plus or minus 220
- Share under 1822.9 percent plus or minus 9.7
- Population 65 and over181 plus or minus 121
- Share 65 and over9.7 percent plus or minus 5.9
- Households615 plus or minus 188
- Family households492 plus or minus 156
- Share of households that are families80.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Steep Falls
Income and work in Steep Falls
- Median household income$80,280 plus or minus $32,932
- Per capita income$27,065 plus or minus $7,010
- Civilian labor force886 plus or minus 359
- Employed877 plus or minus 358
- Unemployed9 plus or minus 14
- Unemployment rate1.0 percent plus or minus 1.5
- Adults 25 and over1,256 plus or minus 376
- Adults 25 and over with a high school diploma or higher97.1 percent plus or minus 39.0
- Adults 25 and over with a bachelor degree or higher14.5 percent plus or minus 5.7
- Adults 25 and over with a graduate degree6.1 percent plus or minus 4.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Steep Falls
Housing in Steep Falls
- Housing units660 plus or minus 201
- Occupied units615 plus or minus 188
- Vacant units45 plus or minus 72
- Vacancy rate6.8 percent plus or minus 10.7
- Owner occupied493 plus or minus 181
- Renter occupied122 plus or minus 80
- Ownership rate80.2 percent plus or minus 16.3
- Median owner-occupied home value$243,400
- Median gross rent, monthly$1,516 plus or minus $1,207
- Annual rent as a share of median income22.7 percent plus or minus 20.3
- Single family units538 plus or minus 191
- Share single family81.5 percent
- Units in buildings of two or more63 plus or minus 66
- Share in buildings of two or more9.5 percent plus or minus 9.6
- Mobile homes59 plus or minus 58
- Median year structure built1970
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Steep Falls
How Steep Falls gets to work
- Workers 16 and over who commute842 plus or minus 357
- Commuting under 15 minutes90 plus or minus 108
- Share commuting under 15 minutes10.7 percent plus or minus 12.0
- Commuting 30 minutes or more633 plus or minus 269
- Share commuting 30 minutes or more75.2 percent
- Drove alone90.5 percent plus or minus 18.9
- Carpooled5.5 percent plus or minus 5.5
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home4.0 percent plus or minus 4.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Steep Falls
SBA loans in Steep Falls (7(a))
- Approvals2
- Gross approval$248,000
- Average approval$124,000
- Median approval$124,000
- Largest approval$175,000
- Jobs supported20
- Jobs per approval10.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term210 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Steep Falls, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Cumberland County, not Steep Falls
Cumberland County context, not Steep Falls figures
- Establishments in Cumberland County12,242
- Covered employment, Cumberland County192,475
- Average annual pay, Cumberland County$71,351
- Housing units permitted, Cumberland County1,385
Every figure in this section is published for Cumberland County as a whole and is not a measurement of Steep Falls.
All Cumberland County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Steep Falls questions, answered from the record.
How many people live in Steep Falls, Maine?
1,861, in 615 households. Steep Falls CDP covers 10.03 square miles of land, which is 185 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Steep Falls in?
Cumberland County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Steep Falls?
$80,280. The median owner-occupied home is valued at $243,400. Median gross rent is $1,516 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Steep Falls businesses?
2 7(a) approvals totaling $248,000 since FY2020, across 1 lenders, median approval $124,000. These count approvals to borrowers whose address is in Steep Falls, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Steep Falls borrowers get paid back?
No rate is published for Steep Falls. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Steep Falls figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cumberland County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Steep Falls.
Is zoning published for Steep Falls?
No. Nothing on this page presents parcel level zoning.