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

Is Waterville, Maine a good place to live?
Waterville is a city in Maine state in USA with a population of 16623 residents.. The poverty rate of Waterville is 24.6%, which is 76% higher than national average. The typical household in Waterville earns $39722 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 7 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 62.7% 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 Waterville, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Waterville remained 3.7%, which is 21% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Waterville, only 30% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Waterville is 97, which is 3% lower than national average. Median home value in Waterville is $124200 , which is 46% lower than national average. While median income in Waterville remained $39722, which is 41% lower than national average.
Population
16623
Unemployment
3.7%
21% NAT AVG.
Poverty
24.6%
76% NAT AVG.
Overall Score
6
Median Home Cost
$124200
46% NAT AVG.
Median Income
$39722
41% NAT AVG.
Median Rent
$759
35% NAT AVG.
Cost Of Living
97
3% NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 27
People Earning < $10,000
1 in 7
People Earning < $50,000
62.7%
People with <= High School
1 in 2.4
People With Any Degree
1 in 2.4
Pros & Cons Overview

Jobs60%

Housing60%

Affordability60%

Safety60%

Amenities80%

Diversity50%

Education80%

Commute90%