Gorham is a city in Maine state in USA with a population of 7322 residents.. The poverty rate of Gorham is 3%, which is 79% lower than national average. The typical household in Gorham earns $80859 a year, compared to the national median of $67,500. Nearly 23.8% 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 Gorham, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Gorham remained 1.1%, which is 77% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Gorham, only 46% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Gorham is 112, which is 12% higher than national average. Median home value in Gorham is $296500 , which is 29% higher than national average. While median income in Gorham remained $80859, which is 20% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.