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

FIND OUT MORE DETAILS

Waterville, Maine

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

Waterville is a city in Kennebec County, Maine, United States, on the west bank of the Kennebec River. A college town, the city is home to Colby College, a NESCAC college, and Thomas College.

As of the 2020 census the population was 15,828. Along with Augusta, Waterville is one of the principal cities of the Augusta-Waterville, ME Micropolitan Statistical Area.

DEMOGRAPHICS

Population
16623
Unemployment
3.7%
21% NAT AVG.
Poverty
24.6%
76% NAT AVG.
Cost Of Living
97
3% NAT AVG.

ECONOMICS

Median Home Cost
$124200
46% NAT AVG.
Median Income
$39722
41% NAT AVG.
Median Rent
$759
35% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
448
15% NAT. AVG.
113% STATE AVG.
Violent Crime
32
50% NAT. AVG.
77% STATE AVG.
Property Crime
416
28% NAT. AVG.
116% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 27
People Earning < $10,000
1 in 7
People Earning < $50,000
62.7%
People With Any Degree
1 in 2.4

ETHNICITY

Ethnicity Waterville USA
White 90.8% 60.1%
African American 0.8% 12.2%
American Indian 0.1% 0.6%
Asian 3.1% 5.6%
Hawaiian 0.2% 0.2%
Multiracial 1.8% 2.8%
Hispanic 3.2% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Waterville USA
Less than $10,000 15% 5.8%
$10,000 to $14,999 6.6% 4.1%
$15,000 to $24,999 13.9% 8.5%
$25,000 to $34,999 10.9% 8.6%
$35,000 to $49,999 16.3% 12.0%
$50,000 to $74,999 14% 17.2%
$75,000 to $99,999 8% 12.8%
$100,000 to $149,999 8.8% 15.6%
$150,000 to $199,999 2.9% 7.1%

EDUCATION

Education Waterville USA
< 9th Grade 2% 5.0%
9-12th Grade 7% 7.0%
High School or GED 32% 27.0%
Other College 18% 20.0%
Associate's Degree 11% 9%
Bachelor's Degree 18% 20.0%
Master's Degree 7% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 4% 1.0%
Waterville is a city in Maine state in USA with a population of 16623 residents.. The poverty rate of Waterville is 24.6%, which is 76% higher than national average. The typical household in Waterville earns $39722 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 7 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 62.7% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Waterville remained 3.7%, which is 21% lower than national rate.

Cost of living in Waterville is 97, which is 3% lower than national average. In Waterville, only 30% of adults have a bachelor's degree and 29% have some college but no degree. Median home value in Waterville is $124200 , which is 46% lower than national average. While median income in Waterville remained $39722, which is 41% lower than national average.
Waterville Scorecard

Jobs60%

Housing60%

Affordability60%

Safety60%

Amenities80%

Diversity50%

Education80%

THANKS FOR READING

Read this story and other stories in details on our Website.
FIND OUT MORE DETAILS