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

Is Hallowell, Maine a good place to live?
Hallowell is a city in Maine state in USA with a population of 2445 residents.. The poverty rate of Hallowell is 14.5%, which is 4% higher than national average. The typical household in Hallowell earns $57635 a year, compared to the national median of $67,500. Nearly 42.8% 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 Hallowell, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Hallowell remained 5.2%, which is 11% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Hallowell, only 48% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Hallowell is 0, which is 100% lower than national average. Median home value in Hallowell is $192000 , which is 16% lower than national average. While median income in Hallowell remained $57635, which is 15% lower than national average.
Population
2445
Unemployment
5.2%
11% NAT AVG.
Poverty
14.5%
4% NAT AVG.
Overall Score
8
Median Home Cost
$192000
16% NAT AVG.
Median Income
$57635
15% NAT AVG.
Median Rent
$863
26% NAT AVG.
People Living BPL
1 in 7
Unemployed People
1 in 19
People Earning < $10,000
1 in 8
People Earning < $50,000
42.8%
People with <= High School
1 in 4.3
People With Any Degree
1 in 1.7
Pros & Cons Overview

Jobs70%

Housing80%

Affordability70%

Safety85%

Amenities50%

Diversity30%

Education90%

Commute90%