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

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Waldoboro, Maine

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

Waldoboro is a town in Lincoln County, Maine, United States. The population was 5,154 at the 2020 census. Waldoboro was incorporated in 1773 and developed a reputation as a ship building and port facility from the banks of the Medomak River. The town's strong agricultural and fishing legacy continues today, with recently renewed enthusiasm for traditional natural fiber production, cheesemaking, farm brewing, fermentation, soapmaking, and other lost agrarian arts. Waldoboro is becoming a popular destination, with miles of scenic river frontage, a thriving arts community, and historical interest in its past as a German settlement.

DEMOGRAPHICS

Population
1295
Unemployment
0%
100% NAT AVG.
Poverty
38.8%
177% NAT AVG.

ECONOMICS

Median Home Cost
$180300
22% NAT AVG.
Median Income
$16932
75% NAT AVG.
Median Rent
$342
71% NAT AVG.
Overall Score
4

CRIME REPORT

Total Crime
38
68% NAT. AVG.
41% STATE AVG.
Violent Crime
2
90% NAT. AVG.
64% STATE AVG.
Property Crime
36
64% NAT. AVG.
39% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 3
Unemployed People
1 in INF
People Earning < $10,000
1 in 4
People Earning < $50,000
75.7%
People With Any Degree
1 in 4.5

ETHNICITY

Ethnicity Waldoboro USA
White 100% 60.1%
African American 0% 12.2%
American Indian 0% 0.6%
Asian 0% 5.6%
Hawaiian 0% 0.2%
Multiracial 0% 2.8%
Hispanic 0% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Waldoboro USA
Less than $10,000 24.1% 5.8%
$10,000 to $14,999 21.3% 4.1%
$15,000 to $24,999 16.7% 8.5%
$25,000 to $34,999 4.3% 8.6%
$35,000 to $49,999 9.3% 12.0%
$50,000 to $74,999 10.6% 17.2%
$75,000 to $99,999 4.7% 12.8%
$100,000 to $149,999 6.7% 15.6%
$150,000 to $199,999 0% 7.1%

EDUCATION

Education Waldoboro USA
< 9th Grade 2% 5.0%
9-12th Grade 9% 7.0%
High School or GED 51% 27.0%
Other College 16% 20.0%
Associate's Degree 2% 9%
Bachelor's Degree 9% 20.0%
Master's Degree 8% 9.0%
Professional Degree 3% 2.0%
Doctorate Degree 0% 1.0%
Waldoboro is a city in Maine state in USA with a population of 1295 residents.. The poverty rate of Waldoboro is 38.8%, which is 177% higher than national average. The typical household in Waldoboro earns $16932 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 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 75.7% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Waldoboro remained 0%, which is 100% lower than national rate.

Cost of living in Waldoboro is 0, which is 100% lower than national average. In Waldoboro, only 20% of adults have a bachelor's degree and 18% have some college but no degree. Median home value in Waldoboro is $180300 , which is 22% lower than national average. While median income in Waldoboro remained $16932, which is 75% lower than national average.
Waldoboro Scorecard

Jobs70%

Housing50%

Affordability40%

Safety85%

Amenities30%

Diversity10%

Education70%

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