HomeMainePenobscot CountyBangor city
Bangor city, Maine: commercial real estate data.
Bangor city is a Census city of 31,938 people across 34.26 square miles of land, in Penobscot County. Median household income is $59,942, 47.2 percent of occupied homes are owned, and the SBA record carries 68 7(a) approvals to borrowers here worth $25.5 m.
77 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Bangor
What Bangor is
- Census place typecity
- Land area34.26 sq mi
- Water area0.34 sq mi
- Population per square mile of land932
- County holding the largest share of its areaPenobscot 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.
Bangor
How many people live in Bangor
- Population31,938
- Median age41.0
- Population under 185,318
- Share under 1816.7 percent
- Population 65 and over6,353
- Share 65 and over19.9 percent
- Households14,581
- Family households6,900
- Share of households that are families47.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bangor
Income and work in Bangor
- Median household income$59,942
- Per capita income$38,557
- Civilian labor force16,614
- Employed15,940
- Unemployed674 plus or minus 285
- Unemployment rate4.1 percent plus or minus 1.7
- Adults 25 and over23,160
- Adults 25 and over with a high school diploma or higher96.0 percent
- Adults 25 and over with a bachelor degree or higher35.1 percent
- Adults 25 and over with a graduate degree14.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bangor
Housing in Bangor
- Housing units16,042
- Occupied units14,581
- Vacant units1,461 plus or minus 340
- Vacancy rate9.1 percent plus or minus 2.1
- Owner occupied6,880
- Renter occupied7,701
- Ownership rate47.2 percent
- Median owner-occupied home value$219,600
- Median gross rent, monthly$1,055
- Annual rent as a share of median income21.1 percent
- Single family units7,112
- Share single family44.3 percent
- Units in buildings of two or more7,860
- Share in buildings of two or more49.0 percent
- Mobile homes1,070 plus or minus 282
- Median year structure built1954
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bangor
How Bangor gets to work
- Workers 16 and over who commute13,955
- Commuting under 15 minutes7,970
- Share commuting under 15 minutes57.1 percent
- Commuting 30 minutes or more1,666 plus or minus 335
- Share commuting 30 minutes or more11.9 percent
- Drove alone72.6 percent
- Carpooled6.1 percent plus or minus 1.8
- Public transport1.6 percent plus or minus 0.8
- Walked6.6 percent plus or minus 2.0
- Worked from home10.1 percent plus or minus 2.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bangor
SBA loans in Bangor (7(a))
- Approvals68
- Gross approval$25,493,500
- Average approval$374,904
- Median approval$104,000
- Ninetieth percentile approval$740,000
- Largest approval$4,500,000
- Jobs supported624
- Jobs per approval9.2
- Loans with a final outcome13
- Paid in full13
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more10.3 percent
- Share to franchises0.0 percent
- Distinct lenders15
- Distinct industries by NAICS42
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Bangor
SBA loans in Bangor (504)
- Approvals11
- Gross approval$6,691,000
- Average approval$608,273
- Median approval$367,000
- Largest approval$1,793,000
- Jobs supported110
- Loans with a final outcome7
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Penobscot County, not Bangor
Penobscot County context, not Bangor figures
These are Penobscot County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Bangor measurements.
- Establishments in Penobscot County4,222
- Employment at those establishments, Penobscot County60,749
- Covered employment, Penobscot County71,983
- Average annual pay, Penobscot County$55,593
- Average weekly wage, Penobscot County$1,069
- Housing units permitted, Penobscot County450
- Of those, single family, Penobscot County367
- County product, 2024, Penobscot County$9,643,476,000
- County product change over the prior year, Penobscot County5.7 percent
- Average income of an arriving household, Penobscot County$55,736
Every figure in this section is published for Penobscot County as a whole and is not a measurement of Bangor. 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
Bangor questions, answered from the record.
How many people live in Bangor, Maine?
31,938, in 14,581 households. Bangor city covers 34.26 square miles of land, which is 932 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Bangor in?
Penobscot 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 Bangor?
$59,942. The median owner-occupied home is valued at $219,600. Median gross rent is $1,055 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Bangor businesses?
68 7(a) approvals totalling $25.5 m, across 15 lenders, median approval $104,000, plus 11 504 approvals worth $6.7 m. These count approvals to borrowers whose address is in Bangor, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Bangor borrowers get paid back?
Of the 13 loans that have reached a final outcome, 13 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Bangor figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Penobscot 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 Bangor.
Is zoning published for Bangor?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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