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

Topsham, Maine

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

Topsham (US: TOP-sum) is a town in Sagadahoc County, Maine, United States. Topsham was included in the Lewiston-Auburn, Maine metropolitan New England city and town area. The population was 9,560 at the 2020 census. It is part of the Portland–South Portland–Biddeford, Maine metropolitan statistical area. The town is home to the annual Topsham Fair.

DEMOGRAPHICS

Population
6246
Unemployment
6.8%
45% NAT AVG.
Poverty
12.4%
11% NAT AVG.
Cost Of Living
109
9% NAT AVG.

ECONOMICS

Median Home Cost
$243200
6% NAT AVG.
Median Income
$71393
6% NAT AVG.
Median Rent
$918
21% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
75
64% NAT. AVG.
33% STATE AVG.
Violent Crime
4
88% NAT. AVG.
59% STATE AVG.
Property Crime
71
59% NAT. AVG.
31% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 8
Unemployed People
1 in 15
People Earning < $10,000
1 in 14
People Earning < $50,000
31.5%
People With Any Degree
1 in 2

ETHNICITY

Ethnicity Topsham USA
White 94.5% 60.1%
African American 0% 12.2%
American Indian 0% 0.6%
Asian 2% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.6% 2.8%
Hispanic 2% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Topsham USA
Less than $10,000 7.3% 5.8%
$10,000 to $14,999 4.3% 4.1%
$15,000 to $24,999 7.3% 8.5%
$25,000 to $34,999 5.2% 8.6%
$35,000 to $49,999 7.4% 12.0%
$50,000 to $74,999 22.4% 17.2%
$75,000 to $99,999 23.2% 12.8%
$100,000 to $149,999 12.3% 15.6%
$150,000 to $199,999 4% 7.1%

EDUCATION

Education Topsham USA
< 9th Grade 1% 5.0%
9-12th Grade 3% 7.0%
High School or GED 29% 27.0%
Other College 16% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 24% 20.0%
Master's Degree 12% 9.0%
Professional Degree 4% 2.0%
Doctorate Degree 1% 1.0%
Topsham is a city in Maine state in USA with a population of 6246 residents.. The poverty rate of Topsham is 12.4%, which is 11% lower than national average. The typical household in Topsham earns $71393 a year, compared to the national median of $67,500. Nearly 31.5% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Topsham remained 6.8%, which is 45% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Topsham is 109, which is 9% higher than national average. In Topsham, only 41% of adults have a bachelor's degree and 26% have some college but no degree. Median home value in Topsham is $243200 , which is 6% higher than national average. While median income in Topsham remained $71393, 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.
Topsham Scorecard

Jobs70%

Housing80%

Affordability80%

Safety85%

Amenities60%

Diversity40%

Education85%

THANKS FOR READING

Read this story and other stories in details on our Website.