Moving to Caribou: Pros, Cons & What to Know

Moving to Caribou means moving to a real, remote northern-Maine city near the New Brunswick border, an economy still genuinely shaped by Loring Air Force Base's 1994 closure.

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A real, dated economic shock still shaping the town

Loring Air Force Base's 1994 closure eliminated 4,500 military, 1,100 civilian, and 2,181 indirectly-supported jobs, triggering a real, disclosed 12% population drop in Caribou between 1990 and 2000 (base record).

Real, current redevelopment signs, not a completed turnaround

An aviation maintenance firm and a planned potato chip plant (operational spring 2026) are bringing real jobs back to the former base -- though a disclosed history of several failed prior revitalization attempts means this record does not overstate the recovery (base record).

A real, disclosed genuine population decline continues

Caribou's population continues declining today (approximately -1.32% since the 2020 Census), consistent with the North Woods interior's broader story (base record).

A genuinely older population than even Maine statewide

Caribou's senior (65+) population share runs approximately 24.7%-26%, substantially above Maine's own statewide anchor of approximately 22.94% (base record).

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.