Is Livermore Falls, Maine a Good Place To Live? - Living In Livermore Falls, ME
Is Livermore Falls, Maine a good place to live?
Livermore Falls is a city in Maine state in USA with a population of 1586 residents..
The poverty rate of Livermore Falls is 22.6%, which is 61% higher than national average.
The typical household in Livermore Falls earns $33333 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 4 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 72.8% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in Livermore Falls are struggling financially. Nearly one in every 1 in every 6 workers in Livermore Falls is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.
A high school education is a basic prerequisite for most jobs, and in Livermore Falls, only 87% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Livermore Falls remained 15.5%, which is 230% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Livermore Falls, only 15% of adults have a bachelor's degree and 32% have some college but no degree.
Cost of living in Livermore Falls is 0, which is 100% lower than national average. Median home value in Livermore Falls is $81600 , which is 64% lower than national average. While median income in Livermore Falls remained $33333, which is 51% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Livermore Falls, only 87% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Livermore Falls remained 15.5%, which is 230% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Livermore Falls, only 15% of adults have a bachelor's degree and 32% have some college but no degree.
Cost of living in Livermore Falls is 0, which is 100% lower than national average. Median home value in Livermore Falls is $81600 , which is 64% lower than national average. While median income in Livermore Falls remained $33333, which is 51% lower than national average.
Population
1586
Unemployment
15.5%
Poverty
22.6%
Overall Score
3
Median Home Cost
$81600
64%
NAT AVG.
Median Income
$33333
51%
NAT AVG.
Median Rent
$567
51%
NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 6
People Earning < $10,000
1 in 4
People Earning < $50,000
72.8%
People with <= High School
1 in 1.9
People With Any Degree
1 in 3.8
Pros & Cons Overview
Jobs30%
Housing30%
Affordability80%
Safety60%
Amenities60%
Diversity40%
Education50%
Commute60%
- ALABAMA
- ALASKA
- ARIZONA
- ARKANSAS
- CALIFORNIA
- COLORADO
- CONNECTICUT
- DELAWARE
- FLORIDA
- GEORGIA
- HAWAII
- IDAHO
- ILLINOIS
- INDIANA
- IOWA
- KANSAS
- KENTUCKY
- LOUISIANA
- MAINE
- MARYLAND
- MASSACHUSETTS
- MICHIGAN
- MINNESOTA
- MISSISSIPPI
- MISSOURI
- MONTANA
- NEBRASKA
- NEVADA
- NEW HAMPSHIRE
- NEW JERSEY
- NEW MEXICO
- NEW YORK
- NORTH CAROLINA
- NORTH DAKOTA
- OHIO
- OKLAHOMA
- OREGON
- PENNSYLVANIA
- RHODE ISLAND
- SOUTH CAROLINA
- SOUTH DAKOTA
- TENNESSEE
- TEXAS
- UTAH
- VERMONT
- VIRGINIA
- WASHINGTON
- WEST VIRGINIA
- WISCONSIN
- WYOMING