Is Old Orchard Beach, Maine a Good Place To Live? - Living In Old Orchard Beach, ME
Is Old Orchard Beach, Maine a good place to live?
Old Orchard Beach is a city in Maine state in USA with a population of 8952 residents..
The poverty rate of Old Orchard Beach is 8.1%, which is 42% lower than national average.
The typical household in Old Orchard Beach earns $54209 a year, compared to the national median of $67,500.
Nearly 45.6% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Old Orchard Beach, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Old Orchard Beach remained 3.6%, which is 23% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Old Orchard Beach, only 37% of adults have a bachelor's degree and 33% have some college but no degree.
Cost of living in Old Orchard Beach is 106, which is 6% higher than national average. Median home value in Old Orchard Beach is $219300 , which is 5% lower than national average. While median income in Old Orchard Beach remained $54209, which is 20% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Old Orchard Beach, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Old Orchard Beach remained 3.6%, which is 23% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Old Orchard Beach, only 37% of adults have a bachelor's degree and 33% have some college but no degree.
Cost of living in Old Orchard Beach is 106, which is 6% higher than national average. Median home value in Old Orchard Beach is $219300 , which is 5% lower than national average. While median income in Old Orchard Beach remained $54209, which is 20% lower than national average.
Population
8952
Unemployment
3.6%
Poverty
8.1%
Overall Score
6
Median Home Cost
$219300
5%
NAT AVG.
Median Income
$54209
20%
NAT AVG.
Median Rent
$973
16%
NAT AVG.
Cost Of Living
106
6%
NAT AVG.
People Living BPL
1 in 12
Unemployed People
1 in 28
People Earning < $10,000
1 in 25
People Earning < $50,000
45.6%
People with <= High School
1 in 3.3
People With Any Degree
1 in 2
Pros & Cons Overview
Jobs80%
Housing80%
Affordability50%
Safety70%
Amenities80%
Diversity60%
Education85%
Commute60%
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