Old Town is a city in Maine state in USA with a population of 7453 residents.. The poverty rate of Old Town is 21.4%, which is 53% higher than national average. The typical household in Old Town earns $41406 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 20 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 56.8% 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 Town, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Old Town remained 2.7%, which is 43% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Old Town, only 36% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Old Town is 98, which is 2% lower than national average. Median home value in Old Town is $134500 , which is 41% lower than national average. While median income in Old Town remained $41406, which is 39% lower than national average.