Pros and Cons of Living In Saco, Maine. Is Saco, ME a Nice Place To Live or Retire?

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Saco, Maine

Moving to Saco In Maine ? Is Saco, ME a Nice Place To Live? Pros and Cons of Living in Saco, Maine. Find out the best and worst about to live, raise a family or retire in Saco.

Saco ( SAH-koh) is a city in York County, Maine, United States. The population was 20,381 at the 2020 census. It is home to Ferry Beach State Park, Funtown Splashtown USA, Thornton Academy, as well as General Dynamics Armament Systems (also known by its former name, Saco Defense), a subsidiary of the defense contractor General Dynamics. Saco sees much tourism during summer months due to its amusement parks, Camp Ellis Beach and Pier, Ferry Beach State Park, and proximity to Old Orchard Beach.

Saco is part of the Portland–South Portland–Biddeford, Maine metropolitan statistical area. Saco's twin-city is Biddeford.

DEMOGRAPHICS

Population
19716
Unemployment
2.5%
47% NAT AVG.
Poverty
8.2%
41% NAT AVG.
Cost Of Living
109
9% NAT AVG.

ECONOMICS

Median Home Cost
$273100
19% NAT AVG.
Median Income
$71755
6% NAT AVG.
Median Rent
$1187
2% NAT AVG.
Overall Score
8.5

CRIME REPORT

Total Crime
325
31% NAT. AVG.
28% STATE AVG.
Violent Crime
24
69% NAT. AVG.
10% STATE AVG.
Property Crime
301
24% NAT. AVG.
29% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 12
Unemployed People
1 in 40
People Earning < $10,000
1 in 34
People Earning < $50,000
30.3%
People With Any Degree
1 in 2

ETHNICITY

Ethnicity Saco USA
White 92.3% 60.1%
African American 0.7% 12.2%
American Indian 0.1% 0.6%
Asian 1% 5.6%
Hawaiian 0% 0.2%
Multiracial 4.4% 2.8%
Hispanic 1.4% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Saco USA
Less than $10,000 2.9% 5.8%
$10,000 to $14,999 3.9% 4.1%
$15,000 to $24,999 6% 8.5%
$25,000 to $34,999 6.4% 8.6%
$35,000 to $49,999 11.1% 12.0%
$50,000 to $74,999 23.6% 17.2%
$75,000 to $99,999 14.9% 12.8%
$100,000 to $149,999 16.3% 15.6%
$150,000 to $199,999 7.3% 7.1%

EDUCATION

Education Saco USA
< 9th Grade 1% 5.0%
9-12th Grade 5% 7.0%
High School or GED 25% 27.0%
Other College 20% 20.0%
Associate's Degree 9% 9%
Bachelor's Degree 25% 20.0%
Master's Degree 12% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 1% 1.0%
Saco is a city in Maine state in USA with a population of 19716 residents.. The poverty rate of Saco is 8.2%, which is 41% lower than national average. The typical household in Saco earns $71755 a year, compared to the national median of $67,500. Nearly 30.3% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Saco remained 2.5%, which is 47% lower than national rate.

Cost of living in Saco is 109, which is 9% higher than national average. In Saco, only 40% of adults have a bachelor's degree and 29% have some college but no degree. Median home value in Saco is $273100 , which is 19% higher than national average. While median income in Saco remained $71755, which is 6% 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.
Saco Scorecard

Jobs85%

Housing85%

Affordability60%

Safety80%

Amenities80%

Diversity50%

Education85%

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