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

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Wiscasset, Maine

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

Wiscasset is a town in and the seat of Lincoln County, Maine, United States. The municipality is located in the state of Maine's Mid Coast region. The population was 3,742 as of the 2020 census. Home to the Chewonki Foundation, Wiscasset is a tourist destination noted for early architecture and as the location of Red's Eats restaurant.

DEMOGRAPHICS

Population
1220
Unemployment
4.4%
6% NAT AVG.
Poverty
27.7%
98% NAT AVG.

ECONOMICS

Median Home Cost
$207500
10% NAT AVG.
Median Income
$28828
57% NAT AVG.
Median Rent
$734
37% NAT AVG.
Overall Score
4

CRIME REPORT

Total Crime
42
52% NAT. AVG.
12% STATE AVG.
Violent Crime
5
66% NAT. AVG.
22% STATE AVG.
Property Crime
37
50% NAT. AVG.
15% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 23
People Earning < $10,000
1 in 5
People Earning < $50,000
63.6%
People With Any Degree
1 in 3.2

ETHNICITY

Ethnicity Wiscasset USA
White 98.5% 60.1%
African American 0% 12.2%
American Indian 0% 0.6%
Asian 0% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.5% 2.8%
Hispanic 0% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Wiscasset USA
Less than $10,000 18.6% 5.8%
$10,000 to $14,999 15.4% 4.1%
$15,000 to $24,999 9.7% 8.5%
$25,000 to $34,999 19.9% 8.6%
$35,000 to $49,999 0% 12.0%
$50,000 to $74,999 11.8% 17.2%
$75,000 to $99,999 4.9% 12.8%
$100,000 to $149,999 14.4% 15.6%
$150,000 to $199,999 5.2% 7.1%

EDUCATION

Education Wiscasset USA
< 9th Grade 4% 5.0%
9-12th Grade 9% 7.0%
High School or GED 47% 27.0%
Other College 9% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 11% 20.0%
Master's Degree 10% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 2% 1.0%
Wiscasset is a city in Maine state in USA with a population of 1220 residents.. The poverty rate of Wiscasset is 27.7%, which is 98% higher than national average. The typical household in Wiscasset earns $28828 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 5 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 63.6% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Wiscasset remained 4.4%, which is 6% lower than national rate.

Cost of living in Wiscasset is 0, which is 100% lower than national average. In Wiscasset, only 25% of adults have a bachelor's degree and 15% have some college but no degree. Median home value in Wiscasset is $207500 , which is 10% lower than national average. While median income in Wiscasset remained $28828, which is 57% lower than national average.
Wiscasset Scorecard

Jobs50%

Housing70%

Affordability30%

Safety90%

Amenities30%

Diversity30%

Education70%

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