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

Yarmouth, Maine

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

Yarmouth is a town in Cumberland County, Maine, United States, twelve miles north of the state's largest city, Portland. When originally settled in 1636, as North Yarmouth, it was part of the Massachusetts Bay Colony, and remained part of its subsequent incarnations for 213 years. In 1849, twenty-nine years after Maine's admittance to the Union as the twenty-third state, it was incorporated as the Town of Yarmouth.

Yarmouth is part of the Portland–South Portland–Biddeford Metropolitan Statistical Area. The town's population was 8,990 in the 2020 census.

The town's proximity to the Atlantic Ocean, and its location on the banks of the Royal River (formerly Yarmouth River), which empties into Casco Bay less than 1 mile...

DEMOGRAPHICS

Population
5752
Unemployment
6.6%
40% NAT AVG.
Poverty
14.4%
3% NAT AVG.
Cost Of Living
121
21% NAT AVG.

ECONOMICS

Median Home Cost
$347300
51% NAT AVG.
Median Income
$69576
3% NAT AVG.
Median Rent
$1281
10% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
59
71% NAT. AVG.
46% STATE AVG.
Violent Crime
5
85% NAT. AVG.
47% STATE AVG.
Property Crime
54
68% NAT. AVG.
46% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 7
Unemployed People
1 in 15
People Earning < $10,000
1 in 20
People Earning < $50,000
34.4%
People With Any Degree
1 in 1.6

ETHNICITY

Ethnicity Yarmouth USA
White 92.8% 60.1%
African American 0.5% 12.2%
American Indian 0% 0.6%
Asian 3.8% 5.6%
Hawaiian 0% 0.2%
Multiracial 0.2% 2.8%
Hispanic 0.9% 18.2%
Other 1.8% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Yarmouth USA
Less than $10,000 4.9% 5.8%
$10,000 to $14,999 0.3% 4.1%
$15,000 to $24,999 2.9% 8.5%
$25,000 to $34,999 9.9% 8.6%
$35,000 to $49,999 16.4% 12.0%
$50,000 to $74,999 18.6% 17.2%
$75,000 to $99,999 13.4% 12.8%
$100,000 to $149,999 18.5% 15.6%
$150,000 to $199,999 5.4% 7.1%

EDUCATION

Education Yarmouth USA
< 9th Grade 3% 5.0%
9-12th Grade 2% 7.0%
High School or GED 14% 27.0%
Other College 19% 20.0%
Associate's Degree 7% 9%
Bachelor's Degree 29% 20.0%
Master's Degree 21% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 3% 1.0%
Yarmouth is a city in Maine state in USA with a population of 5752 residents.. The poverty rate of Yarmouth is 14.4%, which is 3% higher than national average. The typical household in Yarmouth earns $69576 a year, compared to the national median of $67,500. Nearly 34.4% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Yarmouth remained 6.6%, which is 40% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Yarmouth is 121, which is 21% higher than national average. In Yarmouth, only 55% of adults have a bachelor's degree and 26% have some college but no degree. Median home value in Yarmouth is $347300 , which is 51% higher than national average. While median income in Yarmouth remained $69576, which is 3% 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.
Yarmouth Scorecard

Jobs70%

Housing90%

Affordability50%

Safety85%

Amenities80%

Diversity50%

Education90%

THANKS FOR READING

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