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

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Waterville, Maine

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

Waterville is a city in Kennebec County, Maine, United States, on the west bank of the Kennebec River. The city is home to Colby College, Thomas College, and the headquarters of HealthReach Community Health Centers. As of the 2020 census the population was 15,828. Along with Augusta, Waterville is one of the principal cities of the Augusta-Waterville, ME Micropolitan Statistical Area.

DEMOGRAPHICS

Population
16623
Unemployment
3.7%
21% NAT AVG.
Poverty
24.6%
76% NAT AVG.
Cost Of Living
97
3% NAT AVG.

ECONOMICS

Median Home Cost
$124200
46% NAT AVG.
Median Income
$39722
41% NAT AVG.
Median Rent
$759
35% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
448
15% NAT. AVG.
113% STATE AVG.
Violent Crime
32
50% NAT. AVG.
77% STATE AVG.
Property Crime
416
28% NAT. AVG.
116% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 27
People Earning < $10,000
1 in 7
People Earning < $50,000
62.7%
People With Any Degree
1 in 2.4

ETHNICITY

Ethnicity Waterville USA
White 90.8% 60.1%
African American 0.8% 12.2%
American Indian 0.1% 0.6%
Asian 3.1% 5.6%
Hawaiian 0.2% 0.2%
Multiracial 1.8% 2.8%
Hispanic 3.2% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Waterville USA
Less than $10,000 15% 5.8%
$10,000 to $14,999 6.6% 4.1%
$15,000 to $24,999 13.9% 8.5%
$25,000 to $34,999 10.9% 8.6%
$35,000 to $49,999 16.3% 12.0%
$50,000 to $74,999 14% 17.2%
$75,000 to $99,999 8% 12.8%
$100,000 to $149,999 8.8% 15.6%
$150,000 to $199,999 2.9% 7.1%

EDUCATION

Education Waterville USA
< 9th Grade 2% 5.0%
9-12th Grade 7% 7.0%
High School or GED 32% 27.0%
Other College 18% 20.0%
Associate's Degree 11% 9%
Bachelor's Degree 18% 20.0%
Master's Degree 7% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 4% 1.0%
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. The unemployment rate of Waterville remained 3.7%, which is 21% lower than national rate.

Cost of living in Waterville is 97, which is 3% lower than national average. In Waterville, only 30% of adults have a bachelor's degree and 29% have some college but no degree. 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.
Waterville Scorecard

Jobs60%

Housing60%

Affordability60%

Safety60%

Amenities80%

Diversity50%

Education80%

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