HomeMaineCumberland CountySteep Falls CDP
Steep Falls CDP, Maine: commercial real estate data.
Steep Falls CDP 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.
66 sourced place values · tier FULL · 7 sections
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 7(a) lending to Steep Falls borrowers
- Approvals2
- Gross approval$248,000
- Average approval$124,000
- Median approval$175,000
- Ninetieth percentile approval$175,000
- Largest approval$175,000
- Jobs supported20
- Jobs per approval10.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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
These are Cumberland County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Steep Falls measurements.
- Establishments in Cumberland County12,242
- Employment at those establishments, Cumberland County190,022
- Covered employment, Cumberland County192,475
- Average annual pay, Cumberland County$71,351
- Average weekly wage, Cumberland County$1,372
- Housing units permitted, Cumberland County1,385
- Of those, single family, Cumberland County798
- County product, 2024, Cumberland County$34,616,097,000
- County product change over the prior year, Cumberland County6.2 percent
- Average income of an arriving household, Cumberland County$98,777
Every figure in this section is published for Cumberland County as a whole and is not a measurement of Steep Falls. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $248,000, across 1 lenders, median approval $175,000. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Steep Falls figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.