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

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Falmouth, Maine

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

Falmouth ( FAWL-məth) is a town in Cumberland County, Maine, United States. The population was 12,444 at the 2020 census. It is part of the Portland–South Portland–Biddeford, Maine metropolitan statistical area.

A northern suburb of Portland, Falmouth borders Casco Bay and offers one of the largest anchorages in Maine. The town is home to three private golf clubs and the Portland Yacht Club.

DEMOGRAPHICS

Population
1949
Unemployment
4.4%
6% NAT AVG.
Poverty
6.7%
52% NAT AVG.

ECONOMICS

Median Home Cost
$428700
87% NAT AVG.
Median Income
$99861
48% NAT AVG.
Median Rent
$1356
17% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
79
73% NAT. AVG.
50% STATE AVG.
Violent Crime
2
96% NAT. AVG.
85% STATE AVG.
Property Crime
77
68% NAT. AVG.
46% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 15
Unemployed People
1 in 23
People Earning < $10,000
1 in 22
People Earning < $50,000
31.1%
People With Any Degree
1 in 1.4

ETHNICITY

Ethnicity Falmouth USA
White 91% 60.1%
African American 0% 12.2%
American Indian 0% 0.6%
Asian 3.8% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.2% 2.8%
Hispanic 1.9% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Falmouth USA
Less than $10,000 4.5% 5.8%
$10,000 to $14,999 6.4% 4.1%
$15,000 to $24,999 8% 8.5%
$25,000 to $34,999 6.9% 8.6%
$35,000 to $49,999 5.3% 12.0%
$50,000 to $74,999 13.3% 17.2%
$75,000 to $99,999 5.7% 12.8%
$100,000 to $149,999 18.6% 15.6%
$150,000 to $199,999 12.7% 7.1%

EDUCATION

Education Falmouth USA
< 9th Grade 2% 5.0%
9-12th Grade 2% 7.0%
High School or GED 13% 27.0%
Other College 12% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 30% 20.0%
Master's Degree 21% 9.0%
Professional Degree 8% 2.0%
Doctorate Degree 4% 1.0%
Falmouth is a city in Maine state in USA with a population of 1949 residents.. The poverty rate of Falmouth is 6.7%, which is 52% lower than national average. The typical household in Falmouth earns $99861 a year, compared to the national median of $67,500. Nearly 31.1% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Falmouth remained 4.4%, which is 6% lower than national rate.

Cost of living in Falmouth is 0, which is 100% lower than national average. In Falmouth, only 63% of adults have a bachelor's degree and 20% have some college but no degree. Median home value in Falmouth is $428700 , which is 87% higher than national average. While median income in Falmouth remained $99861, which is 48% higher than national average.
Falmouth Scorecard

Jobs85%

Housing90%

Affordability70%

Safety85%

Amenities50%

Diversity50%

Education90%

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