Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Crime
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Health & Safety
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Old Town, Maine is a small city with a population of 7,453 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (93% White). Given that fact, Old Town could be considered less diverse than other cities. In Old Town, only 47% of people over the age of fifteen are married. This city could be a good option for singles ready to mingle. If you're not a fan of traffic congestion and long commute times to work, Old Town is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 20 minutes, significantly lower than the national average of 26 minutes.
Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Old Town could be a positive experience compared to other cities in Maine if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like amenities, cost of living, health & safety and other key data points, finding the best places to live in Old Town and in the areas around Old Town is a much easier task.
The livability score in Old Town is 73 out of 100 and the city is ranked in the 84th percentile of all cities across America. For each of the livability categories, we see that Old Town ranks very well for crime (A+), cost of living (A+) and housing (B). Old Town does not fare well for the following: amenities (F) and employment (D). It might be wise to take a closer look at each category to find out why.
Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of Old Town, it boasts a notably low violent crime rate of 27 crimes per 100,000 residents, which significantly outperforms the national average.
The Old Town unemployment rate of 1.83% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Old Town has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Old Town meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Old Town. Everything else becomes a lot less important if it turns out that home prices in Old Town are simply unattainable. Median real estate prices in Old Town come in at $134,500, which is 23.6% lower than the Maine average. The home price to income ratio compares the median home prices to the median household income. In Old Town, the home price to income ratio is 3.3, which is 5.7% lower than the Maine average.
| Statistic | Old Town | Maine | National |
| Average one way commute | 20min | 24min | 26min |
| Workers who drive to work | 74.9% | 78.2% | 76.4% |
| Workers who carpool | 7.9% | 10.1% | 9.3% |
| Workers who take public transit | 0.4% | 0.6% | 5.1% |
| Workers who bicycle | 0.3% | 0.4% | 0.6% |
| Workers who walk | 2.2% | 4.0% | 2.8% |
| Working from home | 12.4% | 5.5% | 4.6% |
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