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ZipNumbers

Maine · Census place 30550

Hallowell city, ME

Quick answer

Hallowell city has 2,570 residents, ranking #56 of 155 places in Maine. Median household income is $58,811, the median home is worth $266,700 and median gross rent runs $830 a month.

Population
2,570Hallowell city residents
Median household income
$58,811Past 12 months, inflation adjusted
Median home value
$266,700Owner-occupied units
Median gross rent
$830Rent plus utilities, monthly
Median age
49.8 yrsAll residents
Homeownership rate
57.3%Owner-occupied households

What the numbers mean in Hallowell city

Housing cost measured against local earnings.

A household earning the Hallowell city median would spend about 16.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12% of residents and 57.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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