Crime
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
Employment
The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Schools
High test scores, elevated graduation rates as well as the conveniently located elementary and high schools in this area have all contributed to the high score in the schools category.
Ratings
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Cost Of Living
Based on the most recent cost of living data, this area is more expensive to live in. You can expect to pay more for everyday goods and services, housing, groceries and utilities.
Health & Safety
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Cape Neddick, Maine is a small-sized city with a population of 2,563 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (100% White). Given that fact, Cape Neddick could be considered less diverse than other cities. The Cape Neddick population appears to be aging at a faster rate than normal. The median age is currently 56, which is on the high side when compared to most other cities. If you are not a fan of long commutes, you will enjoy living in Cape Neddick. With an average one way commute time of only 20 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a positive experience if you are willing to get to know the city before actually living in Cape Neddick, Maine. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Using the livability score which includes data from categories like education, employment, housing, you can easily compare the best places to live in Cape Neddick and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Cape Neddick to Maine and the national average.
With a livability score of 72 out of 100, Cape Neddick is ranked #4,954 in the United States and #44 in Maine. For each of the livability categories, we see that Cape Neddick ranks very well for crime (A+), education (A), employment (A+) and housing (B+). On a more negative note, Cape Neddick does not have favorable scores for the following: amenities (F) and cost of living (F). If we take a look at the data, we can find out why.
The unemployment rate in Cape Neddick has consistently declined over the years and currently stands well below the national average at 1.84%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Cape Neddick apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Cape Neddick real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Cape Neddick. The median home price for Cape Neddick homes is $459,500, which is 161.1% higher than the Maine average. If we take a closer look at the affordability of homes in Cape Neddick, we’ll see that the home price to income ratio is 5.3, which is 51.4% higher than the Maine average.
| Statistic | Cape Neddick | Maine | National |
| Average one way commute | 20min | 24min | 26min |
| Workers who drive to work | 94.8% | 78.2% | 76.4% |
| Workers who carpool | 2.2% | 10.1% | 9.3% |
| Workers who take public transit | 0.0% | 0.6% | 5.1% |
| Workers who bicycle | 0.0% | 0.4% | 0.6% |
| Workers who walk | 0.0% | 4.0% | 2.8% |
| Working from home | 2.9% | 5.5% | 4.6% |
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