Is Falmouth, Maine a Good Place To Live? - Living In Falmouth, ME

Is Falmouth, Maine a good place to live?
Falmouth is a city in Maine state in USA with a population of 1949 residents.. The poverty rate of Falmouth is 6.7%, which is 52% lower than national average. The typical household in Falmouth earns $99861 a year, compared to the national median of $67,500. Nearly 31.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Falmouth, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Falmouth remained 4.4%, which is 6% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Falmouth, only 63% of adults have a bachelor's degree and 20% have some college but no degree.

Cost of living in Falmouth is 0, which is 100% lower than national average. Median home value in Falmouth is $428700 , which is 87% higher than national average. While median income in Falmouth remained $99861, which is 48% higher than national average.
Population
1949
Unemployment
4.4%
6% NAT AVG.
Poverty
6.7%
52% NAT AVG.
Overall Score
6
Median Home Cost
$428700
87% NAT AVG.
Median Income
$99861
48% NAT AVG.
Median Rent
$1356
17% NAT AVG.
People Living BPL
1 in 15
Unemployed People
1 in 23
People Earning < $10,000
1 in 22
People Earning < $50,000
31.1%
People with <= High School
1 in 5.9
People With Any Degree
1 in 1.4
Pros & Cons Overview

Jobs85%

Housing90%

Affordability70%

Safety85%

Amenities50%

Diversity50%

Education90%

Commute90%