Living in Readfield, Maine
Cost of living, income, home prices, rent and demographics of Readfield · Census data 2020–2024
Readfield has 2,651 residents with a median age of 48.1. The median household income is $86,504 (16% higher than the Maine median), the median home value is $326,400, the median rent is $1,125/month.
Readfield at a glance
- Population
- 2,651
- Median age
- 48.1State: 44.8
- Median household income
- $86,504State: $74,733
- Median home value
- $326,400State: $296,600
- Median rent
- $1,125/moState: $1,139
- Homeowners
- 89.9%
- Bachelor's degree or higher
- 48.8%
- Average commute
- 30 min
Is Readfield a good place to live?
Pros: Median household income 16% higher than the Maine median; a poverty rate of 5%.
Cons: Home values 10% higher than the state median; an average commute of 30 minutes; unemployment of 6.3%.
The weather is best in June to September.
Cost of living in Readfield
Housing is the biggest part of the cost of living. In Readfield the median home value is $326,400, about the same as the U.S. median. Renters pay a median of $1,125 per month, which is 23.6% of household income. Homeowners with a mortgage pay $1,784 a month in housing costs.
Readfield median household income
The median household income in Readfield is $86,504 and the income per person is $41,938. 5% of residents live below the poverty line (Maine: 10.7%).
Housing in Readfield: homes for sale and rent
- Housing units
- 1,371
- Owner-occupied
- 89.9%
- Renter-occupied
- 10.1%
- Vacant
- 25.1%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.53
Readfield demographics
- Population
- 2,651
- Median age
- 48.1
- Under 18
- 18.7%
- 65 and older
- 22.3%
- Households
- 1,027
- Foreign-born
- 1.6%
- Veterans
- 9.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Readfield ›
Education in Readfield
48.8% of adults 25 and older in Readfield have a bachelor's degree or higher (Maine: 36.2%), and 13.6% have a graduate or professional degree.
Jobs and commute in Readfield
- Unemployment rate
- 6.3%State: 3.8%
- Average commute
- 30 minState: 25 min
- Work from home
- 24.3%
- Drive alone
- 62.6%
- Public transit
- 0.5%
- Walk to work
- 5.5%
- Homes with broadband
- 96.2%
Readfield vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Readfield | 2,651 | $86,504 | $326,400 | $1,125 |
| Winthrop | 6,191 | $86,470 | $294,800 | $892 |
| Manchester | 2,424 | $92,031 | $299,600 | $993 |
| Mount Vernon | 1,716 | $74,395 | $264,200 | $893 |
| Wayne | 1,101 | $93,194 | $362,800 | $983 |
| Fayette | 1,383 | $59,500 | $257,600 | $983 |
| Hallowell | 2,592 | $68,398 | $295,300 | $890 |
| Farmingdale | 3,017 | $71,635 | $249,700 | $911 |
| Monmouth | 4,162 | $74,648 | $274,100 | $1,271 |
More for people moving to Readfield
Readfield ZIP code ›Weather and climate ›Living in Readfield: FAQ
What is the median household income in Readfield, ME?
The median household income in Readfield is $86,504, 16% higher than the Maine median of $74,733 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Readfield?
The median home value in Readfield is $326,400, compared with $296,600 in Maine.
How much is rent in Readfield?
The median gross rent in Readfield is $1,125 per month, about 23.6% of household income.
Is Readfield, ME a good place to live?
Pluses: median household income 16% higher than the Maine median; a poverty rate of 5%. Minuses: home values 10% higher than the state median; an average commute of 30 minutes; unemployment of 6.3%.
What is the median age in Readfield?
The median age in Readfield is 48.1 years (Maine: 44.8).
How long is the commute in Readfield?
The average commute to work in Readfield is 30 minutes; 24.3% of workers work from home.
What is the unemployment rate in Readfield?
The unemployment rate in Readfield is 6.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Readfield?
48.8% of adults in Readfield have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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