Is Richmond, Maine a Good Place To Live? - Living In Richmond, ME

Is Richmond, Maine a good place to live?
Richmond is a city in Maine state in USA with a population of 1671 residents.. The poverty rate of Richmond is 12.3%, which is 12% lower than national average. The typical household in Richmond earns $45455 a year, compared to the national median of $67,500. Nearly 54.1% 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 Richmond, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Richmond remained 4.1%, which is 13% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Richmond, only 33% of adults have a bachelor's degree and 36% have some college but no degree.

Cost of living in Richmond is 0, which is 100% lower than national average. Median home value in Richmond is $164100 , which is 29% lower than national average. While median income in Richmond remained $45455, which is 33% lower than national average.
Population
1671
Unemployment
4.1%
13% NAT AVG.
Poverty
12.3%
12% NAT AVG.
Overall Score
5
Median Home Cost
$164100
29% NAT AVG.
Median Income
$45455
33% NAT AVG.
Median Rent
$717
38% NAT AVG.
People Living BPL
1 in 8
Unemployed People
1 in 24
People Earning < $10,000
1 in 22
People Earning < $50,000
54.1%
People with <= High School
1 in 3.2
People With Any Degree
1 in 2.2
Pros & Cons Overview

Jobs70%

Housing60%

Affordability60%

Safety90%

Amenities40%

Diversity50%

Education85%

Commute70%