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

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Steep Falls, Maine

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

DEMOGRAPHICS

Population
1683
Unemployment
1.7%
64% NAT AVG.
Poverty
21.7%
55% NAT AVG.

ECONOMICS

Median Home Cost
$218200
5% NAT AVG.
Median Income
$88015
30% NAT AVG.
Median Rent
$0
100% NAT AVG.
Overall Score
3

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 5
Unemployed People
1 in 59
People Earning < $10,000
1 in 30
People Earning < $50,000
26%
People With Any Degree
1 in 2.6

ETHNICITY

Ethnicity Steep Falls USA
White 99.9% 60.1%
African American 0% 12.2%
American Indian 0% 0.6%
Asian 0% 5.6%
Hawaiian 0% 0.2%
Multiracial 0.1% 2.8%
Hispanic 0% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Steep Falls USA
Less than $10,000 3.3% 5.8%
$10,000 to $14,999 4.1% 4.1%
$15,000 to $24,999 12.2% 8.5%
$25,000 to $34,999 6.4% 8.6%
$35,000 to $49,999 0% 12.0%
$50,000 to $74,999 19.7% 17.2%
$75,000 to $99,999 9.9% 12.8%
$100,000 to $149,999 41.2% 15.6%
$150,000 to $199,999 3.1% 7.1%

EDUCATION

Education Steep Falls USA
< 9th Grade 0% 5.0%
9-12th Grade 0% 7.0%
High School or GED 24% 27.0%
Other College 38% 20.0%
Associate's Degree 13% 9%
Bachelor's Degree 23% 20.0%
Master's Degree 0% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 0% 1.0%
Steep Falls is a city in Maine state in USA with a population of 1683 residents.. The poverty rate of Steep Falls is 21.7%, which is 55% higher than national average. The typical household in Steep Falls earns $88015 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 30 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 26% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Steep Falls remained 1.7%, which is 64% lower than national rate.

Cost of living in Steep Falls is 0, which is 100% lower than national average. In Steep Falls, only 25% of adults have a bachelor's degree and 51% have some college but no degree. Median home value in Steep Falls is $218200 , which is 5% lower than national average. While median income in Steep Falls remained $88015, which is 30% higher than national average.
Steep Falls Scorecard

Jobs90%

Housing10%

Affordability10%

Safety40%

Amenities40%

Diversity20%

Education85%

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